This is Vasili.
He found a supplier from Germany on the internet.
The offer is very generous, but the German supplier wants prepayment.
Vasili really wants to make good money on this offer, but he isn’t sure he should
transfer cash to the supplier just yet.
Vasili is smart, so he decided to check his potential business partner first.
The first step is to get an extract from a commercial register.
In 1968 the European Union adopted a special Directive that obliged all countries in Europe
to keep commercial registers.
Commercial register is a public information source that contains data on all companies
that are registered to do business in the country.
Today almost all countries in the world have their own commercial registers.
Commercial registers in different countries have different names.
For instance, in Russia it is called Unified State Register of Legal Entities, in the UK
it is named “Companies House”, and Germany has a Handelsregister.
An extract from a commercial register is a reliable way to find out about the current
status of your potential business partner, its founders and directors, and overall financial
state.
Vasili turned to Schmidt and Schmidt, and obtained the required extract in no time.
Schmidt & Schmidt experts provide quality service and assist with getting extracts from
commercial registers of more than one hundred countries worldwide.
Now Vasili knows that his potential supplier’s “generous” offer was nothing but a scam,
and he simply wanted to get hold of Vasili’s money and disappear.
Vasili is very happy: he saved his money and found a new, reliable business partner afterwards.
This time he did a background check too, with the help of Schmidt and Schmidt.
This new deal seems very promising!
Schmidt & Schmidt provides extracts from commercial registers of more than one hundred countries
worldwide.