Credibility Archives

Outsourcing to China – Best Practices for SMEs to Avoid Scams and Protect IP

Blog / By Trustiics Inc. / China, Credibility, Due Diligence, Import & Export, IPRs, OEM

– The Best Practices for Small Businesses to Avoid Scams and Protect IP when outsourcing to China Outsourcing production to China can be a cost-effective way for small North American businesses to manufacture their products. However, it’s important to be aware of potential scams and fraud when dealing with Chinese suppliers. In this blog post, …

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Red Flags for China Importer Payment Default

Blog / By Trustiics Inc. / China, Credibility, ExportingToChina, Import & Export

For a North American business that plans to sell to the Chinese market, the importance of receiving sufficient payment from the importer cannot be overstated. Regardless of how favourable the deal may seem, failure to receive payment can make or break the deal entirely. Therefore, it’s crucial to be aware of potential “Red Flags” that …

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Top Three Legal Risks for Business Owners in 2023

Blog / By Trustiics Inc. / China, Credibility, Doing Business in China, India, IPRs, OEM, SMBs and SMEs

There are several legal risks for doing business in China, but what matters to your business the most in 2023? In this article, our platform’s China legal experts have identified the top three legal risks for doing business in China in 2023. We wanted to share this insight with our audience as the new year …

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How a Sales Contract Protects Your Interests in China

Blog / By Trustiics Inc. / China, Company Verification, Contract Review, Credibility, Doing Business in China, OEM

Before engaging in commercial exchanges, a formal Sales Contract laying out the rights and obligations of both buyer and seller should be your first step. Sales Contracts are made up of many standardized clauses and some highly specific ones. For the seller, the most important clauses are those that prevent your buyer or distributor from …

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Four Reasons You Should Have A Tailor-made China Contract

Blog / By Trustiics Inc. / China, Contract Review, Credibility, Doing Business in China, OEM

International business is fast-paced. It is easy for people to overlook the need for a written contract or choose to use a template. Let’s say you have a new buyer for your product, and you have already agreed on everything orally – you might be tempted to start shipping right away – but don’t forget …

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How to Verify if a Chinese Company is Legitimate?

Blog / By Trustiics Inc. / Company Verification, Credibility, Doing Business in China, Due Diligence, Policy, SMBs and SMEs

Ways to check a Chinese company is in good standing and trustworthy There are a lot of factors that play in, but here are two factors one should not ignore when it comes to finding a trustworthy Chinese company: Whether the company is law-abiding and upholds integrity; Whether it is solvent on an objective basis. …

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China Imports Regulations: What Small Businesses Need to Know

Blog / By Trustiics Inc. / Company Verification, Credibility, Doing Business in China, Due Diligence, FDI, SMBs and SMEs

This article is provided by Emilia Shi, a business lawyer based in Shanghai, China. She has over 20 years of experience in securities and corporate law. Emilia’s primary areas of practice include corporate governance and compliance, foreign direct investment (FDI), mergers and acquisitions, private equity and real estate. She has advised clients on projects covering …

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Most easily overlooked risks when exporting to China (part 4)

Blog / By Trustiics Inc. / Company Verification, Credibility, Doing Business in China, Due Diligence, ExportingToChina, Import & Export, SMBs and SMEs

This article is part of a series for doing business in China. Over four blog posts, we go through eight typical risks that are easily overlooked by small and medium-sized businesses. These tips will help your company succeed in doing business with China. Click here to read part one, part two and part three of this series. They contain the first …

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Most easily overlooked risks when exporting to China (part 3)

Blog / By Trustiics Inc. / Company Verification, Credibility, Doing Business in China, Due Diligence, ExportingToChina, Import & Export, SMBs and SMEs

This article is part of a series for doing business in China. Over four blog posts, we go through eight typical risks that are easily overlooked by small and medium-sized businesses. These tips will help your company succeed in doing business with China. Click here to read part one, and part two of this series. They contain the first four risks. Risk …

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Most easily overlooked risks when exporting to China (part 2)

Blog / By Trustiics Inc. / Company Verification, Credibility, Doing Business in China, Due Diligence, ExportingToChina, Import & Export, OEM, SMBs and SMEs

This article is part two of a series. If you missed our last blog, click here to read part one of this series. It contains the first two risks. When exporting your services or selling products to a foreign market with which you are not as familiar as your home market, you are more careful. …

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