Business Verification

Before signing a distribution agreement, extending credit or transferring a deposit, it is worth knowing whether the counterparty is what it claims to be. Public records in Vietnam reveal more than most people expect — if you know where to look.

Wise Counsel verifies Vietnamese counterparties for foreign and domestic clients, producing a factual report on legal status, ownership, licensing and known disputes.

What we help with

• Confirming legal existence, registration details and current operating status
• Identifying the legal representative, owners and ultimate beneficial ownership where traceable
• Verifying charter capital, actual contributed capital and any recent changes
• Checking licences and whether they cover the business the counterparty proposes to do
• Searching for litigation, enforcement records and administrative penalties
• On-site visits to confirm the company actually operates at its registered address and at the scale it claims
• Checking for security interests registered over the company's assets
• Assessing signs of financial distress, including tax and insolvency indicators
• Reporting findings with the source of each fact, so you can rely on it

Verification is inexpensive relative to what it prevents. We recommend it before any first transaction with a new counterparty.