Check counterparty and yourself by TIN. How to minimize risks when concluding a contract?

Business reputation of a business partner is one of the most important moments of any business. On how much it will fulfill its obligations, will depend on the prosperity of your company. But how to check the counterparty and protect yourself from possible trouble? It is not so difficult to do this. You will need to know the minimum information about the future partner. It is often enough to know only the TIN. How can you verify the counterparty and protect yourself? Read more about this.

Why check?

Even a beginning entrepreneur knows: you want to minimize the risks of business - check yourself and the counterparty in all possible ways. Most often, large firms with well-established financial security service resort to such checks. Small companies, as well as single entrepreneurs, most often neglect such activities. And in vain. Check counterparty for free, quickly and reliably quite simply. You just need to know what exactly you should pay attention to.

What does the TIN mean and how to check its reality?

First of all, it is worth checking the counterparty for TIN. What it is? The INN stands for an individual identification number. It is assigned to every person or entrepreneur as a sign that he is on tax accounting.

You can find it using any search engine. It is worthwhile "hammering" the full name of the enterprise and you immediately receive a lot of information, including the company's tax ID. You can also do the reverse operation - by the TIN number you can find additional information about the company.

Sometimes, however, it happens that the INN seems to exist, but I can not find any information on it. It's worth thinking about. Perhaps the proposed number is not real and is just a set of numbers. And the company is one-day at the same time. You can check the counterparty and protect yourself in this case. There is a simple formula with which you can check the reality of the identification number. Any legal entity has a TIN of 10 digits. The first 9 we will use for calculations, and the 10th is a test.

Take the first 9 digits and multiply them thus:

• 1st multiply by 2;
• 2 nd - 4;
• 3rd - 10;
• 4th - multiply by 3;
• 5 th - 5;
• 6th - 9;
• 7th - increase 4 times;
• 8th - multiply by 6;
• 9 th - at 8.

Now put all the results together and remember this number.

The number obtained as a result of addition, divide by 11. If the resulting result has a remainder, you need to discard the decimal part, and multiply by 11 again. Now compare the resulting number and the one that resulted from the addition of the works (we remembered it). You need to subtract one from the other. The resulting figure must coincide with the last, tenth digit. If everything turned out - the TIN number is real, it did not work out - it's worth thinking about.

How to find out the tax ID by the name of the company?

If you do not want to be asked tax questions, you must check the counterparty before concluding the transaction. If, in addition to the name, you do not know anything about future partners - it does not matter. You can learn the TIN. There are some small rules:

• The name of the company is entered into the search engine without quotes;
• Search must be performed in full name, without abbreviations;
• Enter the name exactly as it is, even if there are spelling or grammatical inaccuracies.

Having found the necessary data, you can find out not only the TIN, but also some other data. Sometimes the difficulty may be that an identical name may have several firms. Then you can check on the type of activity or any additional information.

How to find a TIN for other details?

Check the counterparty by TIN is not difficult. But sometimes this data is not enough. If the desired firm has its own website, it is usually possible to find such details as the Unified State Register of Legal Entities, the State Register of Ukraine, or OGRN. All this can be useful for further verification. Having learned from the public sources as much as possible additional information, you can apply to the Federal Tax Service. A personal appeal, of course, is worth the money, but the expenses are justified. Tax check the counterparty will be very fast. You will be provided with extremely accurate and reliable information. For natural persons the certificate costs 200, and for legal entities - 400 rubles.

Collecting data on the counterpart: what to check?

If you are planning to conclude a deal with a new counterparty, try to get about it a maximum of information. You will need copies of such documents:

• Certificate of state registration;
• Certificate of the payer of taxes;
• Bank details ;
• License to conduct business (if any);
• A copy of the company's charter.

The receipt of complete information about the counterpart includes the following items:

Basic data. These include: the surname, the name of the founder, the full name of the enterprise, TIN, the date of establishment, legal and physical addresses, information on whether this entrepreneur already has liquidated firms.

Information about the enterprise. Data on the legality of the firm, reviews, especially from independent sources.

Data on employees. Some firms conduct a large number of transactions through their employees, thereby diverting attention from the manager.

Information about the proposed transaction. Particular attention should be paid to the amount of the contract. If we are talking about cooperation with IP, then no one can talk about millions. If some LLC offers you a deal for more than 25% of the funds on the balance sheet of the firm, it is worth considering such cooperation. Information on the balance sheet needs to be demanded even before the signing of the contract.

Check counterparty on TIN: Federal Tax Service

This is the very first instance, which is worth a visit for obtaining reliable information. Check the counterparty on the TIN the federal tax service can very high-quality. Of course, there is a temptation to do it quickly and for free, using the appropriate services on the Internet. But if the deal is large, it is best to visit the tax office personally and make an official request. The received document will not only save you from scammers, but it will be a kind of "guard" from the tax authorities themselves. They will no longer have grounds to state that you have not taken sufficient action to identify an unreliable counterparty.

Tax: check yourself and the counterparty

If you do not need an official document with signatures and seals, and you do not want to pay for a paid check, you can use the official site of the Federal Tax Service. It is called - nalog.ru (tax.ru). Check yourself and the counterparty, and your business is not in danger.

The site design is quite simple. It is intuitively clear even to those who rarely deal with a computer. First you need to go to the appropriate section:

• Individuals;
• FE;
• Legal entity.

Now from the list choose the link "Checking the counterparty" and go to the appropriate page. In the window that appears, enter the TIN / OGRN numbers or the name of the organization. In the window, located just below, we introduce captcha - a few figures written in the picture. Now we press the "Find" button and enjoy the result. On the opened page you can download the document in .pdf format, where there is almost complete information about the company.

So if you do not want problems - go to nalog, check yourself and the counterparty and feel protected.

On the site of the Federal Tax Service you can carry out other types of search:

• Information about persons who submitted documents for state registration or for making changes in constituent documents.
• Data on persons in respect of whom a decision was made to liquidate, reorganize or reduce the authorized capital.
• Information on the exclusion of the invalid legal entity from the Unified State Register of Legal Entities.
• The register of disqualified persons and information on organizations in whose executive bodies include such persons.
• Addresses of mass registration and data about firms, communication with which at registered addresses is absent.
• Data on organizations that are in arrears in the payment of taxes or who do not provide tax reporting.
• Information about individuals, where several organizations are registered.
• Other data.

What you can learn about IP

If you decide to check the counterparty and yourself, and your counterparty is an individual entrepreneur, then with the help of the FTS service you can get such information:

• Surname, first name, patronymic;
• citizenship;
• Registration number EGRIP;
• Date of entry in the register;
• Data on the availability of licenses and their number;
• Information on the tax registration - the date and TIN;
• OKVED - codes of types of entrepreneurial activity;
• Data on registration in the FSS and the Pension Fund;
• Information about a particular branch of the tax service, which contains documents on the registration of a particular IP.

What information can I get about a legal entity

If your counterparty is a legal entity, then the FTS site can provide you with such information:

• Name and legal address.
• Date and registration number of OGRN.
• Information about the founders of the company, the creation or reorganization of the legal entity.
• Information on any significant changes in the organization's activities.
• Data on the commencement of liquidation or reorganization, if any.
• Information about the head of the company and the size of the authorized capital.
• Information about all divisions of the company.
• Data OKVED and information on all available licenses.
• Information on registration in the FSS and PF.
• Information about a particular branch of the Federal Tax Service, which contains a package of documents on the registration of the company.

Probably, you already understood: "If you want to minimize business risks - check yourself and the counterparty". Observing this rule at every transaction, you will not only never have problems with the tax inspection, but also save your money from scammers.