Summary * Challenges: Conducting due diligence in China presents unique challenges, including language barriers, internet restrictions, and decentralized information sources. * The Methodology: This practical framework, developed by Knowaco, guides the due diligence process by focusing on four key areas: Identity, Legal risk, Operational risk, and Financial risk. * Practical Guidance: The guide offers insights and instructions on conducting company searches / due diligence in China, includin ...

The tax credit rating is a system used by Chinese tax authorities to evaluate the tax behavior of corporate taxpayers over a certain period. This rating system aims to encourage enterprises to pay taxes by the law and improve the efficiency of tax collection and management. It is also an essential part of building a social credit system. The tax credit rating not only reflects the tax compliance of enterprises but may also affect their credit status in economic activities such as financing, gove ...

The Unified Social Credit Identifier (USCI, or Unified Social Credit Code / USCC ), issued by the State Administration for Market Regulation (SAMR), uniquely identifies companies and other organizations in China. It was used as an identifier in various fields, including administration, regulation, and enforcement. Background of USCI / USCC's application in China The USCI consists of 18 numbers and uppercase letters (excluding I, O, Z, S, V), typically including the registration management dep ...

In our services over the past two years, some users have raised their "pain points" when using the product - I do not understand Chinese and cannot type out the names of companies from business cards, business licenses, or photos in Chinese for searches, which greatly hinders the efficient conduct of searches. In the upcoming new version, we have introduced the "image search" feature. Users can upload an image during the search process, select the text they wish to search for from the image, an ...