COMPANY CHECK

In today’s era, where rapidly growing the presence of online business. It requires how to know whether the Company is fake or real. Whether someone is going to invest, make a purchase, or generally conduct due diligence, knowing if the company is real or fake is a skill that can save financial scams. This article provides you with a comprehensive guide regarding how to check if a company is real or fake.

How do you check if a Company is Real or Fake?

It is a crucial step to check, whether the company is real or fake. It ensures safety during dealing in businesses, mainly when financial transactions or investments. Here are certain steps that can be remembered in mind to verify the company’s authenticity:
Name and registration of the Company: To verify the company’s registration and legal name, you should visit the Ministry of Corporate Affairs (MCA) website. It is an official website for the MCA Company check, and also MCA will help you to identify how to check if a company is legally registered.
Address of business: It is advisable, to check the physical address of the Company, and also use online maps and directories to confirm that the existing address exists and looks appropriate for the business type.
Contact details: Make sure the company gives valid details to contact them. It includes email addresses and working phone numbers. Try to contact them by these modes to see if you receive a response.
Website: Check the company’s review. Legitimate companies generally have professionally designed websites with proper information in detail about goods and services.
Online Presence: Search and read about the company on online platforms and read reviews. Fake companies mainly don’t have a vast online presence, or they may have negative reviews and warnings from other customers.
History of business: Read about the company’s history, which involves the establishment date, and major milestones. Also, check any past legal procedures or bankruptcies going against the company.
Certifications and Licensing: Check if the company is having any required licenses or has achieved any certifications needed for its industry. Government and particular industry websites mainly give information on valid licenses.
Scam databases: Consult with the online scam databases or fraud alerts to see in case the company’s name is mentioned under fraud. One can check from the Rip-off report, Scam watch, and Scam detector.
Trust seals and logos: Businesses have displayed their logos, trust seals or certifications on their company’s websites. Meanwhile, these can be fake, so remember to verify their authenticity.