Philippines Private Investigators & Background Checks

Verified by McAfee and the U.S. Better Business Bureau

Philippines Investigator Blog    Stay Informed. Lower the Risk.

How to Verify a Company or Individual in the Philippines to be Safe

How to Verify a Company or Individual in the Philippines to be Safe

Wonderful opportunities don’t last long, yet hurrying can be one of the worst mistakes you can do when trying to start a business deal or investing in the Philippines. If you’re concerned about a company’s or individual’s legitimacy, or simply want to be safe, it’s always a good idea to double-check before doing business with them. After all, scammers do exist, and you don’t want to be the next victim, especially if a company verification or due diligence can help you avoid it.

Fake foreign companies’ most typically approach multinationals or medium to small enterprises online. The Internet has provided anonymity to the bad guys, and a false company can appear to be fairly professional and reliable online, but there’s absolutely no way to know for sure if you haven’t verified all the details.

It’s a smart idea to screen a company before signing a contract, investing money in it, buying goods, hiring services or going through an M&A process. Due diligence, according to professional private investigators in the Philippines, can help organizations avoid large and costly mistakes involving overseas partners.

How can the facts be verified?

Begin by asking the appropriate questions. When you’re about to get into a new business arrangement, you’ll need information to start your inquiry. Basic information such as a company’s legal registration and the full names and addresses of its principal representatives or owners are critical. Obtain as much information as possible about the company’s operations, including where it is located, who its clients and providers are, and so on. The more information you have, the more things expert private investigators can verify, and the better your business or investment will be protected against fraud.

It’s critical to select the correct private investigation firm in the Philippines to verify all of the information you’ve gathered. If you’re in the United States or Canada and want to do business with a new firm or person in the Philippines, you’ll need a local investigator who speaks the language, who can access local government and public data, and who is on the ground to verify facilities, reputation, business filings, and check references.

Due diligence is difficult for someone who does not have the right resources, so it should be handled by a seasoned professional who is well-versed in local laws (labor, health, safety, environment, privacy). In developing countries, finding court documents and litigation history is complicated. Hiring an investigation team that has access to the information and knows where to look for it makes all the difference.

Allow yourself as much time as you need to go over everything, and to hire the right professional help. Yes, you may be on a tight deadline, but investing the time and money to hire a professional company verification or due diligence can save your organization (or yourself) a lot of money, legal troubles, and reputation damage.

C. Wright

© Copyright Philippine PI.  All Rights Reserved.  This content is the property of Philippine PI, LLC and is protected by United States of America and international copyright laws.

Recent Posts

Back to Blog Home