Companies Background Screening

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Companies Background Screening: background screening can be conducted on companies as well as on individuals. Corporate background checks /background screening identify risks in a company which do not appear on a standard corporate balance sheet. Whereas a traditional due diligence looks exclusively at financial information, background searches focuses on more abstract (but just as important) factors in assessing whether a company can be dealt with in all confidence.

A typical background check includes the following items:
• Existence of the company;
• Full institutional details, including capitalization, directors, commissioners and shareholders and other legal data;
• History and business scope of the company;
• Reputation and track record of its directors, executives or other key principals;
• Networks, political links, existence of criminal links,
• Alternative business interests of the company's key principals;
• Civil litigation and/or criminal record relating to the company itself or any of its key principals.

A background check is generally a combination of thorough documentary research and discreet inquiries with sources in the relevant industry who may have dealt with the subject company and its principals, either in a public or private capacity, and are willing to share information as to its credentials and reputation.

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