Use knowaco.com | 2024-02-06
Recently, we have added a login feature to the website. The initial design of Knowaco.com aimed to provide services with minimal user information logging. With the increase in service volume, more and more users wish to view summarized search records and purchase histories and independently and conveniently merge past purchases to obtain invoices.In light of this, we have added a login feature. This function does not require setting passwords but instead uses email to receive verification codes.Through the login feature, the following functiona ......
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Company law of China | 2024-01-19
On 29 December 2023, the National People's Congress of China voted to pass the newly revised "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"). The revised "Company Law" will come into effect on 1 July 2024.The soon-to-be-effective "Company Law" has improved the subscribed registration system for limited liability companies, specifying that the shareholders must fully pay the subscribed register capital within five years from the company's establishment.The existing "Company Law," since its prom ......
Use knowaco.com | 2023-12-31
Happy New Year! Wishing you joy, success, and endless possibilities in the year ahead.In the dawn of this new year, amidst a world of continual change and growing information complexities, where accessing information in some regions (or regarding some topics) becomes increasingly complex, our commitment remains steadfast: making public information that is crucial to your business decision accessible through automated tools and value-added services.Here's to another year of providing invaluable support to your journey of informed decision-making ......
Due diligence | 2023-12-17
Recent cases have shown that some exporters establish multiple companies with different names yet engage in the same business. These companies are owned and operated by the same team behind the scenes. We refer to this phenomenon as 'Shell Exporters"."Why do exporters not operate under a unified company and develop a strong brand, instead establishing multiple companies and creating various websites and Alibaba accounts? We have not investigated the reasons behind these Shell Exporters.However, based on our previous experience, these companies ......
Due diligence | 2023-12-06
A supplier’s salespeople and the company’s website always confidently tell the buyer that their factory is strong, production capacity is sufficient, and the quality is high. However, if you delve deeper into some background information about this company, you may discover that the actual situation might not be as the company claims.1. Historical company namesRecently, while conducting background checks for our clients, we revealed that some companies are rebranding to eliminate trading elements from their names. They remove terms like “t ......
Company search and compliance | 2023-08-26
The business license in China, as we recognize it today, has undergone a series of changes and reforms, reflecting China's rapidly evolving business environment, legal system, and commitment to streamlining bureaucratic procedures. Here's a brief history of the evolution of the Chinese company's business license:Pre-reform Era (Before 1978):Before the economic reforms initiated by Deng Xiaoping in the late 1970s, China's economy was primarily planned and controlled by the state. Private enterprises were almost non-existent, and thus, there was ......
Due diligence | 2023-08-20
As we have always advocated, an additional step of background search can help us identify negative records that have a significant impact.Recently, while assisting a client with a name search, we discovered that the related company has significant issues that might affect its delivery capability, including shareholder disputes and integrity problems.The initial keyword was "LS (Shanghai) International." Soon, our analysts found the company corresponding to this English company name is LS (Shanghai) International Trading Co., Ltd. (龙汕（上� ......
Company search and compliance | 2023-08-06
Do Chinese companies have official English names?The answer to this question is no. The law explicitly stipulates that company names can only be in Chinese. According to the "Regulations on the Administration of Enterprise Name Registration," becoming effective on 1 March 2021:A company can only register one name. The name of the company should consist of two or more Chinese characters.The company name should be in Chinese characters. The name of companies in autonomous regions can also use ethnic languages.Before 30 December 2022, the Min ......
Use knowaco.com | 2023-06-18
We are thrilled to announce the launch of our exciting new type of the Instant Company Search Report - "Flex Report". Now you have the power to select the contents delivered to you based on your own unique needs and preferences, just like building blocks!At Knowaco.com, we understand that each of our customers has distinct requirements when it comes to gathering insights and data. That's why we have developed this new report type, allowing you to shape your reports according to your specific interests and goals.Unlike the previous pre-defined r ......
Due diligence | 2023-06-04
As a service provider in company search services in China, our clients frequently ask us the following questions"I want to know whether the business of this company in China is legitimate?","Is this company listed in any blacklist?", and"Just need to know if it is safe to do business with this company."When answering the above questions, we always emphasize the importance of conducting a thorough company background check before engaging in business to determine whether it is safe to trade with that company.An in-depth background check can revea ......
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