It happens that you need to obtain specific information about a particular company or organization, as well as about its field of activity. Typically, a TIN helps obtain the necessary information about an organization. How to do this quickly without much effort? Is the Internet necessary to achieve this goal? So, let's discuss everything in order.
TIN is an individual taxpayer number that is issued by the tax service when a citizen becomes able to work. The purpose of issuing such numbers to taxpayers is to identify all citizens when tracking tax payments. The TIN certificate serves as an official document containing the main personal information citizen.
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Features of assigning a TIN by the tax service
- A TIN is assigned to an individual entrepreneur when an individual registers his or her business activity in the event that this citizen does not yet have a TIN. For an individual, this code is a set of twelve digits. The first four digits display the location where the code was issued. The next six digits are the tax account number. The remaining two are control or verification figures that are used for the convenience of processing taxpayer data. If a person refuses to assign a TIN, then the tax service will use the personal data themselves.
- The TIN, which is issued to legal entities, consists of ten digits. The first four digits of the code also indicate the place of registration. This is followed by five digits or the tax record number of the legal entity in the OGRN (main state registration number) section. The last digit is a control digit and can be used to verify the correctness of the entry. Legal entities cannot refuse to assign a TIN, since this will complicate tax reporting.
How to check an organization by TIN without the help of the Internet?
Despite the fact that the tax service owns this data, without the help of the Internet it is difficult to obtain comprehensive information about the organization by its TIN. Therefore, it is much easier to obtain this information using the global network. In order to check the organization, you need to contact the tax service. To do this, a written request is made, which contains a request for an extract from the Unified State Register of Legal Entities (Unified State Register of Legal Entities) about a specific organization. It is common knowledge that this information is readily available and a response can be received within six business days.
How to check an organization online?
To verify the authenticity of the organization and the reliability of the company with which you are going to cooperate, three main verification methods are used. Check by organization name. The simplest solution- drive into search engine name of the organization. It is on the Internet that most companies try to shine, so it will not be difficult to obtain the information you are interested in. On the website you can see the company’s address, its tax identification number and other details.
Tax service website. Help by name existing organization get real information about her.
Complete information about organizations and legal entities:
To check a company’s license number, the following services are often used:
- (licenses of organizations that hire workers to work abroad);
- – checking travel agency licenses;
- – checking the license of tourist operators;
- – it will also help to check the company by name.
It would be useful to clarify information about the legal entity with the authorities that issued this license. That is, in other words, check the company by TIN. Since any organization in the process of opening must be registered with the tax authorities, the TIN issued by the tax office is used to verify it.
Here are some sites to help:
- (here you need to fill in the empty fields with the information about the company that is known);
Application of verification according to OGRN (main state registration number). This numerical code consists of thirteen digits, each of which has its own meaning. Using the global network, you can check almost any organization using a specific OGRN.
The following sites will help with this:
- (website of the federal tax service);
- ru (the company verification service is available only to subscribers).
The above sites help not only to check the existence of a company, but also to learn some useful details about it. For example, you can get information about:
- about who is in charge in the organization you need;
- about the date of its foundation;
- about the founders;
- about its location;
- about the number of branches;
- data on physical and legal addresses;
- you can find out whether the organization’s address has changed;
- information about changes in company ownership;
- whether the company has tax debts and other financial obligations.
Such information will help form an objective opinion about a particular company, open or close trust in it, and also make it possible to draw conclusions about the prospects for cooperation with this organization.
Checking on the Federal Tax Service website is carried out as follows:
- open the site;
- select “Electronic services” on the right side;
- select the subsection “Business risks: check yourself and your counterparty”;
- then select, or note in the search criteria that this is a legal entity;
- indicate what to search for: by INN and OGRN or by the name of the organization (legal entity) and enter the relevant information;
- enter captcha;
- Click the “Find” button, after which detailed information about the company you need will be displayed.
How to check a company for free
You can obtain detailed information about the organization you are interested in by following the link, which is the Unified State Register of Legal Entities database. On this site you can learn a lot about the activities of a company if you plan to cooperate with it, or if you have other prerequisites for checking a particular company. In other words, this service helps check the reliability of the so-called counterparty. On the website, in the blank fields, you must enter the name of the company, its INN and/or OGRN and carry out verification.
All of the sites and services listed above, including the website of the federal tax service, make it possible to obtain information about a particular company for free. It is also worth considering that no one can hide detailed information about their company or its division, all this is accessible to Internet users, and the legislation of the Russian Federation does not restrict access to this kind of information.
What information about an organization can be found using the TIN?
- Full name and form of organizational structure (for example, JSC or LLC);
- Data on registration of the company's legal address;
- TIN and OGRN;
- Date of registration;
- In case of searching for an organization by TIN after the termination of its activities, as well as the date of completion of work.
- Detailed information as a brief extract from the Unified State Register of Legal Entities is available for download (data about the founders, about paying taxes, about accounts, about the heads of the organization and other details)
Checking the activities and tax debts of an organization using TIN
Finding out about debt on the Federal Tax Service website by TIN is as easy for legal entities as for individuals. The search is carried out in the “Electronic services” item, namely in the “Business risks: check yourself and the counterparty” section. Next, you need to indicate that we are looking for a legal entity, and enter the name of the organization or its TIN, as described above. This way you can get information about the organization’s tax debt.
In some cases, you will need to come to the tax office and check, since sometimes your own tax data may differ from those that the Federal Tax Service has. It is also worth considering that, although federal data is designated as the highest priority, taxes are still paid to the local tax office. Most often, during reconciliation, it turns out that the debt arose not from the company itself, but from one of its branches. If you print out the summary from online, you can figure it out and understand what we're talking about about the legal entity and the tax inspector.
So, it is necessary to issue a power of attorney to the general director or chief accountant so that the tax service will accept the application. Then you need to understand what exactly you need: a reconciliation report or an extract from your personal account.
- Provide (send) to the head of the tax service a letter written on letterhead or stamped, which will contain a request to prepare a reconciliation report by a certain time, or write the deadline for its preparation along with your contact details. This letter requires the signature of the general director or chief accountant. Let it be an urgent letter, which is given to the secretary immediately, without observing any formalities.
- The letter should indicate the form of the response, that is, in writing or by telephone. It is known that this happens faster over the phone. But, if you just need a document, or if time is running out, it is of course better to request a written response.
- After the deadline has expired, you must report to the tax office yourself., or send a proxy to receive the desired reconciliation report.
This is approximately how you can get information about tax debts.
So, when there is a need to obtain accurate and reliable information about a certain organization or company, about its payment of taxes, about its founders, legal address and other details, the easiest way to do this is to use the Federal Tax Service website, which allows you to check and clarify data about any organization for free. It is worth carefully assessing information about counterparties. There are also online services, which simplify this task. Well, in some cases, you still cannot do without an independent visit to the tax office and without reconciling tax payment data. It’s good that the Internet greatly simplifies and speeds up such tasks.
Read more about checking companies and individual entrepreneurs
- One action – two results, or once again about checking counterparties
Carrying out verification of counterparties fulfills two main purposes: - ... guarantees, etc.). Carrying out verification of counterparties fulfills two main goals: ... to confirm good faith in choosing a counterparty and the reality of the transaction of the extract... An unjustified tax benefit was received: the disputed counterparties do not have fixed assets, ... with the Applicant. In addition, the counterparties submitted to the tax authorities according to... regulations, here are the papers, we are checking the counterparties.” Yes, you will cover yourself with papers...
- What is an on-site tax audit?
Outcall destination tax audit. It is necessary to carefully check counterparties and monitor... services from the 1C company (“1C: Counterparty” and “1SPARK Risks”). It is important... you can also develop special regulations for checking counterparties and do not forget to preserve... alternative suppliers; long-standing relationship with the counterparty, etc. Such preparation... of all “hanging” issues with counterparties. However, even here you need to remain... attempts to coordinate your actions with counterparties. The Federal Tax Service has the right to request from employees...
- Features of modern work with counterparties
The tax authority understands the verification of: the powers of persons acting on behalf of the counterparty; availability of appropriate... characterizing the business reputation of the partner; solvency of the counterparty; the risk of non-fulfillment of obligations and provision... of their fulfillment; availability of the counterparty with the necessary labor and production resources... there are a greater number of services for checking counterparties that allow for the completion of... contracts; on the proper performance by the counterparty of the taxpayer’s obligations, including...
- What must tax authorities prove in disputes over fly-by-night counterparties?
- Shell companies: how to identify a dangerous counterparty?
Authority, information about the actual location of the counterparty, as well as the location... real business transactions with its counterparties that have signs of nominal activity (... exercised due diligence in selecting counterparties. Tax office then it revealed... even recommends that companies implement regulations for checking counterparties as part of the document flow schedule in... a maximum of documents when interacting with counterparties, which will serve as evidence of manifestation...
- Tax control goes beyond
Faktur; contracts with other counterparties not covered by the audit; as well as other internal... tax control(on-site, desk tax audit of the counterparty) an audit is carried out; signs that allow you to identify a transaction... ; list of required documents. Thus, the counterparty... the transaction must undergo a tax audit, and the company itself...
- Do tax authorities have the right to inspect the premises and territory of the taxpayer’s counterparties and third parties?
To inspect the premises and territories of the counterparties of the inspected taxpayer in order to confirm... the premises and territories in relation to the counterparties of the inspected taxpayer, as well as third... the body conducting the tax audit has the right to request from the counterparty or other persons... or on-site inspection) taxpayer. The inspection of the premises and territory of its counterparties, as well as... the inspection by the tax authorities of the premises of the counterparty of the inspected taxpayer was confirmed by the Ministry of Finance (see...
- Review of judicial practice on taxes and labor disputes from October 15 to December 15, 2019
One-time expenses The organization entered into a preliminary purchase and sale agreement with the counterparty... transferred to free use, and the counterparty rebuilt it, i.e. ... the counterparty recovered the work through the court as unjust enrichment. During the audit... the organization did not present the additional accrued VAT to the counterparty, but paid at the expense of... paying the tax without presenting it to the counterparties. For these cases, the approach... is to organize documents as part of a counter-inspection of the counterparty. The company sent only part...
- Inaccurate information in the Unified State Register of Legal Entities
It’s not news that you can order an electronic statement to check your counterparties. But... it’s not news that you can order an electronic statement to check your counterparties. But... organizations that conscientiously check their counterparties. A record of unreliability is... immediately transfers the company to the category of counterparties with a low level of reliability, ... about unreliability, precisely from its counterparties. 2. Problems are quite possible... Business risks: check yourself and your counterparty.” If the mark of unreliability is already...
- How to conclude a reliable contract?
Work on searching for a counterparty (contract partner) or checking the counterparty. Also... work on finding a counterparty (contract partner) or checking the counterparty. More... Methodology for concluding an agreement Checking the counterparty under the contract The purpose of the check is to know... counterparties will negatively affect the image of the company in the eyes of partners and clients. Verification... when choosing a counterparty should become the norm... confirming the legal capacity of the counterparty being inspected and the ability to fulfill the obligations taken...
- Tax flaw? The court recognized the expenses of the “gray” company
Is a gray counterparty a reason to admit that transactions are fictitious? As a result of an on-site inspection of the company... the “peculiarities” of the counterparty served as the basis for additional accrual. Having analyzed the activities of a strange company, ... a cheat sheet for checking counterparties. Taxpayers are advised to check with counterparties whether they have the necessary... prudence when choosing counterparties; check that counterparties have the necessary property, ... assess the business reputation, solvency of the counterparty, as well as the risk of non-performance...
- Interrogations during a tax audit: features of conducting and recognition of a company as a one-day company
Find out from the manager about the selection of contractors, the procedure for signing contracts, accounting... founders? 9. You agree on the choice of counterparties or the expenses that need to be incurred... establishing the identity of the counterparty manager and the business reputation of the counterparty organization. 25. In the course of an audit, the relationship between the taxpayer and his dubious counterparties is examined. Managers of such counterparties... evidence, including the counterparty’s lack of employees, property, office, lack of...
- Submission of documents as part of a desk audit
Documents within the framework of the desk audit specific tax return (probably ... documents are necessary for the tax authority to verify the validity of the declared expenses ( tax deductions... the person of the tax authority conducting the tax audit has the right to demand from the person being inspected... the deadline for the documents requested as part of the tax audit (failure to send a notification about the impossibility of... declarations of the organization and its counterparty (the person engaged by the counterparty to fulfill obligations under.. .
- “Robots work hard, not people”: the “inner kitchen” of pre-test analysis
Information is also provided on counter-inspections of counterparties and counterparties of counterparties); Conclusions (of course we are talking... in a minimal amount, the counterparties include potential fly-by-nights, there are no resources... it is taken for the counterparties of the “problem" supplier, and then the counterparties of the counterparty, and so on... in court. Thus, if the counterparties the taxpayer being audited are not in the database... request documents on transactions with counterparties...; carry out the following activities:... 4. ...
Definitions and step-by-step instructions for checking a counterparty... They seem to be right, but... provided the Regulations for the selection of counterparties and a Questionnaire for verifying a counterparty according to official websites... at the tax authority; checking the fact of entering information about the counterparty into the Unified State Register of Legal Entities; receipt..., then the commission waved its hand to the counterparty. If the audit confirmed the impeccable present and... life hacks can be provided for the impeccable verification of counterparties? Agreement approval sheet. In the document...
Doing business is inextricably linked with the constant risk of cooperation with unreliable companies.
In the worst case, this can lead to large material losses.
The Federal Tax Service will help you avoid such consequences.
Every resident of our country, every individual or legal entity, has one common identification identifier - TIN.
An individual taxpayer number allows you to calculate taxes and can also be used to search for the necessary data.
Because knowing how check the company by TIN, can be useful to every entrepreneur.
What is a TIN?
TIN – individual taxpayer number.
A unique combination of 12 digits that determines the registration number of all state taxpayers in the register of individuals (legal entities).
It is possible only at the age of 14, by writing a corresponding application to the regional office of the tax service.
What should an entrepreneur know about the TIN?
It is important that each organization registered in the register of the Federal Tax Service has its own TIN code.
Using the TIN, you can determine publicly available information about the company:
- Name;
- place of physical and legal registration;
- presence of debts to the state;
- the size of the enterprise's assets;
- business profitability;
- debts to other counterparties;
- the presence of court proceedings in which the audited company is a participant.
The list is impressive - isn't it?
But, like any other legal process, there are subtleties here that you will learn by reading the article to the end.
Situations requiring verification of the organization by TIN
Inexperienced entrepreneurs often make a very serious mistake, considering checking a potential partner as an unnecessary operation.Often, most bankrupt enterprises fell to this level due to the illogical and inappropriate behavior of the manager.
The basis of entrepreneurial activity is interaction with partners on favorable terms.
But can you be completely sure of the status of your counterparty when concluding a transaction?
The answer is obvious - no.
Situations requiring verification of the company:
- Conducting financial transactions between enterprises.
- Drawing up cooperation agreements.
- Providing legal assistance to the organization.
There are several dozen more special cases that require verification. But all of them can be combined under the wording “financial transactions”.
How to check a company by TIN using online services?
In the twenty-first century - the century of technological breakthrough - there is no need to even just get up from your chair when you need to check.You only need to have two things: a computer and access to the Internet.
The reader may be thinking, “How can I trust online services? What if there is false data there?”
In order not to raise such questions, the Federal Tax Service created its own state resource - https://www.nalog.ru.
There is no point in doubting its reliability; all content on the site is carefully checked by the tax authorities themselves.
The purpose of creating such a service is to bring the entrepreneur closer to the Federal Tax Service.
You can check the structure you are interested in only after registering on the portal, after which you should follow the link - https://www.nalog.ru/rn77/related_activities/registries/, where you will see this picture:
The arrows indicate the area for determining the search parameters, in simple language– menu items.
The user can select the data he needs from an extensive database of tax authorities.
We must not forget about one small, but very important detail: data about financial transactions cannot be instantly updated in the Federal Tax Service database.
If you re-check the counterparty with whom you interact, and the updates do not appear during the day, you should not immediately accuse him of deception.
First, contact the portal support center and report the problem situation.
Other resources for checking a company by TIN
To determine information on the TIN, you can use other Internet resources, such as:
The reliability of data when checked on these sites cannot be guaranteed 100%.
On the other hand, such resources do not have any benefit from deceiving ordinary users, since clients provide them with income.
A huge plus of checking a company by TIN using online services is the amount of information received.
Using paid systems, you can find out literally everything about the company.
Starting from outstanding debts, ending with family composition and the smallest nuances of doing business.
For “old school” entrepreneurs, there are other ways to check businesses using a TIN.
How to check a company by TIN at a Federal Tax Service office?
In order to find out information about the counterparty, you can simply visit the regional office of the Federal Tax Service, taking your passport with you as an identification document.For greater convenience, you must set an appointment time in advance by discussing this issue over the phone with representatives of the tax service.
First of all, an entrepreneur may be interested in the place of registration of a legal entity, the reliability of documentation, and the financial reliability of the company.
The Taxpayer Identification Number (TIN) by itself does not provide information about the company. Employees of the Federal Tax Service use it as an identifier for the database.
That is, based on the numbers that make up the TIN, you will not be able to disclose all the information about the company’s debt to its counterparties and other details.
To determine the status of an organization, it is found in the registers of the Unified State Register of Legal Entities or the Unified State Register of Individual Entrepreneurs, select the necessary information, and make search queries in the databases of the State Pension Fund and banking structures.
The presence of cases in arbitration courts is another factor that may be of interest to counterparties. It can be easily determined by analyzing lawsuits based on the TIN (this procedure is also carried out using the methods described above).
When contacting the Federal Tax Service in person, the chances of an error in composing a search query are clearly reduced.
If you are not completely confident in your abilities, you should contact the regional tax office.
This solution will eliminate problems with identifying the counterparty.
Data protection for entrepreneurs
Every entrepreneur reading this article might have some concerns related to the excessive openness of data to other persons.It is very important to note important point: Without the consent of the management structure of the counterparty enterprise, it is simply impossible to find out the entire list of data you are interested in.
Without the permission of the director of the organization being inspected, you will only be able to find out a few facts about his activities, specifically the following:
- Is the person conducting business?
- Name and location of the legal entity.
- The presence of claims related to a company or individual.
To access other information, you must notify the counterparty and request permission.
If you receive a refusal, you should think about: does it make sense to do business with such an entrepreneur?
The video shows how to find out the TIN of an enterprise through the Federal Tax Service website:
Analysis of search by TIN
In the article, you learned two ways to search for information about a company by using the company’s TIN code.By the way, the TIN itself can be found on the same services presented above.
To do this, just enter the name, and in some cases - additional information about the company.
Which of the described search methods is better? You can draw your own conclusions by studying the comparison table:
| Criterion | Online services | Visit to the Federal Tax Service office |
|---|---|---|
| Comfort | Very comfortable, do not require much time and effort. | It loses to a competitor, since the method will require spending time and effort on a visit to the Federal Tax Service. |
| Information content | When used correctly, online services will be an excellent source of information. | Information content on top level, employees will provide a complete data package. |
| Credibility | Only official services of the Federal Tax Service are 100% reliable. | The reliability of the data is at the highest level. |
| Price | There are paid online services, the cost can range from 500 to 3,000 - 4,000 rubles. | Completely free service. |
After reading the article, you should not be left with a question: how to check a company by TIN.
All available paths and services are considered.
The choice of the most suitable one is up to you.
One general conclusion can be drawn: do not regret it and take an hour or two to thoroughly check your partner.
This step will never be superfluous + can save you from unpleasant surprises and financial losses.
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Information on individual entrepreneurs and legal entities. from Kontur
Only here you can find detailed information on individual entrepreneurs!
The most convenient search. Just enter any number, last name, title. Only here you can find out OKPO and even accounting information. For free.
What data needs to be entered (you can choose any of the parameters):
- Organization name
- Code (TIN, OGRN)
- Legal address
What data can be obtained:
- Full brand name
- Abbreviated corporate name
- Legal address (according to the Unified State Register of Legal Entities)
- Main industry (OKVED)
- Region
- Telephone
- Name of legal form
- Authorized capital (according to the Unified State Register of Legal Entities)
- Net asset value
- Other messages and documents
The inclusion of information in the Unified Federal Register of information on the facts of the activities of legal entities is carried out on the basis of Article 7.1 Federal Law dated August 8, 2001 No. 129-FZ "On state registration legal entities and individual entrepreneurs" (as amended by the Federal Law of July 18, 2011 No. 228-FZ "On Amendments to Certain Legislative Acts Russian Federation in terms of revising methods of protecting the rights of creditors when reducing authorized capital, changes in requirements for business companies in the event of a discrepancy between the authorized capital and the value of net assets") from January 1, 2013 (clause 2 of Article 6 of the Federal Law of July 18, 2011 No. 228-FZ).
Rosstat website
You can also use the Rosstat website (you need to click “get data on codes” at the top) (For Moscow, but there may be other regions). Find out your statistics codes (OKPO, OKATO, OKTMO, OKOGU, OKFS, OKOPF) by the INN number of an individual entrepreneur or organization.
Federal Tax Service website
Unified State Register of Legal Entities
What do you need to enter? It is enough to enter ONE of the fields: Name (simply Yandex, Gazprom, etc.) and/or OGRN/GRN/TIN and/or Address and/or Region and/or Registration Date.
What information will I receive?
- Name of the legal entity;
- Address (location) of the legal entity;
- OGRN;
- Information about the state registration of the organization;
- Date of entry into the Unified State Register of Legal Entities (registration of a legal entity);
- Name of the registering authority that made the entry (Tax);
- Address of the registration authority;
- Information on amendments to the Unified State Register of Legal Entities;
- Information on state registration of changes made to the constituent documents of legal entities;
- Information about licenses, registration as policyholders in funds, information about registration.
TIN plays one of the main roles in the individualization of legal entities and individuals with the status of an individual entrepreneur (IP) as taxpayers.
Check the TIN and get information about the counterparty
TIN of legal entity and individual entrepreneur
Legal entity receives a tax identification number from the tax authority at the place of registration of the person simultaneously with other registration documents.Individuals with individual entrepreneur status can obtain a TIN in two ways:
1) simultaneously with the assignment of individual entrepreneur status and the issuance of a certificate of registration as an individual entrepreneur;2) at any time before registration as an individual entrepreneur (in this case, upon registration There is no need to get a TIN again).
Without a TIN, an individual will not be able to obtain individual entrepreneur status.
Legal entities and individuals with the status of individual entrepreneurs, when concluding any agreements, are obliged indicate your TIN in the details.
The TIN must be located on stamps (for individual entrepreneurs - if there is a stamp).
TIN of an individual without individual entrepreneur status
Individual can obtain a TIN from the tax authority at your place of residence.Currently obtaining TIN by individuals is voluntary. Exception: TIN is required for an individual when appointing him to the position of a civil servant.
In practice, when applying for employment in other positions, they are often asked to present the TIN along with other documents. Such a requirement cannot be mandatory, since it is not reflected in the Labor Code of the Russian Federation.
TIN verification
Anyone can visit our website for free check the correctness of the TIN counterparty - a legal entity or an individual with the status of an individual entrepreneur, as well as the fact of making an entry on the registration of a legal entity in the Unified State Register of Legal Entities.Knowing the TIN and the name of the organization, you can obtain an extract from the Unified State Register of Legal Entities for verification:
- the reliability of documents received from the counterparty (since legal entities and individual entrepreneurs are required to indicate the TIN on any local acts and documents they issue);
- the fact of the existence of a legal entity (situations are possible when an unscrupulous counterparty, for selfish purposes, acts in a transaction on behalf of a non-existent legal entity);
- the reliability of the counterparty's legal address;
- last name, first name and patronymic of the director of the legal entity and other information about the legal entity.
An individual can, via the Internet, and knowing the TIN - the amount of debt for taxes and fees. TIN verification individuals is carried out free of charge online.
Verification of the counterparty: procedure in questions and answers
Verifying a counterparty by TIN is a mandatory procedure that all business representatives face sooner or later, regardless of their line of business. Is it worth cooperating with a counterparty, is it possible to trust him and make an advance payment? This is only a short list of questions that can be answered by carrying out a procedure such as checking the counterparty by TIN.
If we consider individual situations, the need to check the counterparty can be useful to an accountant who wants to make sure of the transparency of the activities of a potential partner of his company before concluding an agreement. By using the TIN number on our website you can obtain an extract about the legal entity from the Unified State Register of Legal Entities, as well as expanded financial data on the legal entity.
It will be rational to present basic information about conducting a verification of a counterparty by TIN in the form of questions and answers in order to achieve a high degree of understanding of the need for this procedure and the features of its implementation.
What is verification of a counterparty by TIN?
Checking a counterparty by identification number includes searching for information about him and its further analysis aimed at determining the integrity/bad faith of a potential partner.
Who is responsible for checking counterparties?
In most cases, checking the counterparty by TIN is the responsibility of employees of the legal service and economic department. If there are no such structural units at the enterprise, the person authorized to conclude the contract will be responsible for checking the counterparty.
Why do you need to check your counterparty?
The verification of the counterparty is carried out to minimize financial risks from cooperation with him. Analysis of data obtained using the Taxpayer Identification Number (TIN) will help avoid delays in deliveries, problems with the quality of goods or services, and will make it possible to stop fraudulent schemes of the counterparty.
Besides, this check is necessary to avoid sanctions from the tax authorities: if violations are found, then responsibility for choosing a counterparty will fall entirely on your organization. The consequences may be different (exclusion of a transaction of a dubious nature from expenses, refusal to accept VAT for deduction), so it is imperative to check the counterparty.
What exactly is studied when checking a counterparty?
The specifics of checking a counterparty - the procedure, responsibilities of the parties, the criteria by which research is carried out - are not established at the legislative level. The concept of “verification of a counterparty” is currently not included in normative legal acts, is absent from the Tax Code.
Along with this, in 2006, a Resolution of the Plenum of the Supreme Arbitration Court RF, which somewhat clarifies who should check the counterparty. It is devoted to the issue of assessing the validity of a person receiving a tax benefit. It may be found unfounded in court if it turns out that the taxpayer acted imprudently. In practice, this means that responsibility for checking the counterparty rests with business representatives. In fact, in most cases the audit is carried out by accountants.
What documents are most often requested when checking a counterparty?
The absence of a written counterparty verification scheme complicates the process somewhat. At the same time, a standard practice has already developed, which involves collecting and studying such documents of the counterparty as the charter, an extract from the Unified State Register of Legal Entities, certificates of state registration and registration tax accounting, a letter from statistics indicating activity codes, documents identifying the counterparty and confirming his authority.
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