How to Check a Company's Legitimacy in France
To check the solvency of the clients to protect themselves against the risk of unpaid bills or to know the situation of a potential customer, companies in France have several tools. Read More!
In carrying out their activities, companies must limit the risks to which they are exposed. To check the solvency of their clients to protect themselves against the risk of unpaid bills or to know the situation of a potential customer, companies in France have several free or paid tools.
The leader in information relating to companies’ situation is the website societe.com. Thanks to its real-time updated database, societe.com provides access to information such as the company’s identity card, its statutes, the composition of its shareholding, its annual balance sheets and reports or newspaper articles on these companies. The website also offers paid studies such as solvency studies and a business intelligence service. Much of this information is free, but for paid information, the price varies between 2.90 Euros and 14 euros. For paid services, some are accessible with only 25 euros. But for a solvency study, it will cost around 480 Euros.
Other sites offer the same services as Societe. This is the case of infogreffe.fr, which is as popular as societe.com. It allows you to find information on companies and traders registered in the trade and companies registry (which are also available at the registry of the commercial court). Infogreffe brings together the logs of the 135 commercial courts of France.
Regarding corporate credit information, credit insurance companies such as ATRADIUS or COFACE make available to their customers’ information on the credit used by the desired third-party company. They also alert them when the credit limit granted to this company is almost reached to avoid any future inconvenience.
This list of means of verification is not exhaustive. Several other tools are available to businesses and individuals to enable them to conduct their business transactions with confidence.
That’s why Export Portal is so essential for international trade. We take care of verifying businesses first, ensuring everyone you come into contact with on our platform is legitimate. With Export Portal, you can trade confidently and securely with verified companies from all over the world – register with us today!
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