Business reputation file
open source information relating to legal entities and individual entrepreneurs
Check a company/individual entrepreneur
Service for quick and efficient online checking of Ukrainian companies and individual entrepreneurs.
Dossier for every company or individual entrepreneur is compiled, based on the data from the state registers and open sources.
Property rights and encumbrances
Licenses
Registration data
Founders and beneficiaries
Financial statements
Enforcement proceedings
Activity type
Sanctions
Tax data
Legal cases
Executives
Prohibitions to participate in bidding
When you cooperate in any way with a legal entity or an individual entrepreneur, it raises a question of assessing the risks of such cooperation. Before you enter into a cooperation agreement, make a deposit, provide services, or ship goods on terms of deferred payment, first you should check your counterparty. This will let you protect yourself from financial losses and reputation risks.
«Business reputation dossier» service, provided by the Ukrainian Bureau of Credit Histories, is a convenient instrument that is accessible to anyone who wants to check companies and individual entrepreneurs, based on data from more than 50 state registers of Ukraine and other open sources. As a result of the check, you receive an organized report, which is divided into topic sections and includes detailed information on a legal entity or an individual entrepreneur.
The verification of a counterparty, based on USREOU or name of the company for legal entities and TIN or full name for individual entrepreneurs, allows you to quickly find and check any Ukrainian company.
Main information about a legal entity or an individual entrepreneur is provided free of charge. Some blocks of information, which require additional requests to paid data sources, can be obtained after you pay for such service.
The information, included in the report, allows you to identify main risks factors, including: verification of the registration status of a company, unpaid taxes or salary debts, relations with aggressor countries, prohibition to participate in bidding, presence in the sanctions lists, appearance in court cases or existence of open enforcement proceedings, mismatched codes under the Classifier of Economic Activities, lack of necessary licenses, etc. Scoring value, based on data from open sources that is included into the report, allows you to quickly assess a legal entity’s solvency.
This service also allows you to track changes for companies or individual entrepreneurs. In order to do that, you can add the necessary counterparties for monitoring, and receive notifications about any changes for them on Telegram. You can monitor up to 3 counterparties free of charge, up to 100 counterparties — for UAH 250 per month or UAH 3000 per year. If you need to monitor more counterparties, please contact the Ukrainian Bureau of Credit Histories (UBCH) at (044) 585-1194 or by e-mail support@ubki.ua.
FAQ
What information about a company can be obtained?
The company’s reputation dossier contains the following information:
- up-to-date registration data about the company;
- information on managers;
- founders and beneficiaries;
- classifiers of economic activities;
- availability of a credit history in the database of the Ukrainian Bureau of Credit Histories;
- availability of movable and immovable property, as well as data on encumbrances on movable property;
- sanctions;
- prohibitions to participate in bidding;
- assessment of the probability of the company’s default, based on the open source data (SME scoring);
- bankruptcy procedure;
- tax information (VAT payer status, unpaid taxes, presence in major taxpayer register, arrears of wages);
- legal cases;
- licenses held;
- enforcement proceedings.
The individual entrepreneurs reputation dossier contains the following information:
- up-to-date registration data about the individual entrepreneur;
- classifiers of economic activities;
- availability of a credit history in the database of the Ukrainian Bureau of Credit Histories;
- availability of movable and immovable property, as well as data on encumbrances on movable property;
- sanctions;
- bankruptcy procedure;
- prohibitions to participate in bidding;
- tax information (VAT payer status, unpaid taxes, presence in major taxpayer register);
- enforcement proceedings.
«Business reputation dossier» can be useful for anyone who wants to obtain detailed information on any Ukrainian company or individual entrepreneur, all in one place.
While studying a company dossier, pay attention to the following:
- any relations the company has with aggressor countries;
- current company status - “suspended” indicates the respective legal entity no longer exists;
- complex ownership structure of the company (numerous founders and beneficiaries having a wide registration geography), as well as the complete absence of beneficiaries - is a risk factor and requires additional consideration;
- prohibition to participate in bidding indicates that the facts of coordinated anti-competitive actions by the company have been recorded;
- presence of unpaid taxes, indicates failure to comply with tax obligations imposed by the state;
- arrears of wages indicate the company’s failure to fulfill obligations to employees and thus potential financial problems;
- revoked VAT payer certificate means the entity has not been submitting statutory reports for a long time;
- identification of encumbrances placed on movable or immovable property may help eliminate the risks associated with prohibitions imposed by the encumbrance;
- the company’s presence in the sanctions lists, means imposition of special economic and other restrictive measures on it. Cooperation with such a company can implicate serious financial and reputational damage;
- available legal cases should be analyzed, taking into consideration subject matter of and parties to the case, special attention should be paid to the cases with the state as the plaintiff;
- licenses should be checked for the availability of relevant areas of business activity, and the absence of irrelevant ones.
- scoring value based on data from open sources allows assessing the entity’s solvency.
- Etc.
While studying an individual entrepreneur dossier, pay attention to the following:
- current individual entrepreneur status other than “registered” – means the individual entrepreneur’s activities were ceased or restricted.
- Prohibition to participate in bidding, indicates that the facts of coordinated anti-competitive actions by the individual entrepreneur have been recorded;
- presence of unpaid taxes, indicates failure to comply with tax obligations imposed by the state;
- the individual entrepreneur’s presence in the sanctions lists means imposition of special economic and other restrictive measures on them. Cooperation with such individual entrepreneur can implicate serious financial and reputational damage;
- Etc.
Article 112 of the Ukraine’s Law No. 466–IX “On the Amendment of the Law Code of Ukraine” provides the following: Measures taken by the taxpayer to comply with the rules and norms of tax legislation are considered sufficient, unless the supervisory authority proves that, in performing certain actions or failure to act, for which liability is imposed, the taxpayer acted unreasonably, not in good faith and without due diligence.
Therefore, it is important to take measures to assess risks that could result in tax offenses and violations of requirements set forth by other laws, and to keep the evidence of respective actions taken. So, before starting cooperation, it is necessary to check a counterparty.
The Bureau processes the data from more than 50 open sources of information.
support@ubki.ua
044-585-11-94
