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Cases · Markets, trade & operations · Supply chain, product safety & consumer claims

Source from a new overseas supplier

How do we check a new supplier abroad before we pay them?

WONE Global verifies the supplier's company, ownership, licences and record locally, and prepares contract and payment terms that protect the deposit.

Countries in the typical case United Kingdom · Vietnam

The situation

What is happening

What is at stake

Unchecked suppliers deliver late, below standard or not at all, and recovering a deposit abroad is hard.

A scenario

Homeware retailerMid-sized company · from United Kingdom · in Vietnam

It is about to place a first order with a Vietnamese factory it has only met online.

Where it ends A supplier that is real, and a deposit that is protected.

A representative scenario of the work WONE Global coordinates, not a specific client’s matter.

Also asked as “Is this overseas supplier genuine?”“What should we check before signing a supplier abroad?”

The solution

How WONE Global handles it

WONE Global verifies the supplier's company, ownership, licences and record locally, and prepares contract and payment terms that protect the deposit.

Usually led by Customs, trade and export controls, with Contracts and commercial law and Anti-bribery, sanctions and compliance.

Step by step, in the scenario

  1. Week 1WONE Global has the factory checked locally.
  2. Week 1Contract and payment terms prepared.
  3. Week 2Quality inspection arranged.
  4. ThenOrder placed with protection.

Timings are typical. They depend on the countries, the authorities involved and how quickly documents are available.

Decisions

The decisions involved

  1. 01How to verify the supplier, its ownership and its sanctions exposure
  2. 02Quality, audit and inspection rights you need
  3. 03Which law and forum govern the relationship

Outcomes

What you receive

  • Supplier due-diligence findings
  • Supply terms with quality and audit rights
  • A sanctions and export-control check

This is a general guide. Your WONE Global professional confirms the work, timing and fees for your markets before anything starts.

Services

The services involved

One area of expertise usually leads; the others move with it. WONE Global keeps them connected across every country involved.

  1. Usually leadsCustoms, trade and export controlsArranged on request→
  2. Often involvedContracts and commercial law12 markets with a named lead→
  3. Often involvedAnti-bribery, sanctions and compliance3 markets with a named lead→

Who handles it

Customs, trade and export controls, market by market

The status of the lead service in the markets that matter for this case. A named WONE Global Partner acts under their own licence; where none is in place yet, WONE Global confirms availability before anything else.

  1. United Kingdomin the typical case On request Availability confirmed before any work begins Bring a requirement →
  2. Vietnamin the typical case On request Availability confirmed before any work begins Bring a requirement →
  3. India On request Availability confirmed before any work begins Bring a requirement →
  4. Saudi Arabia On request Availability confirmed before any work begins Bring a requirement →
  5. Singapore On request Availability confirmed before any work begins Bring a requirement →
  6. United Arab Emirates On request Availability confirmed before any work begins Bring a requirement →
  7. United States On request Availability confirmed before any work begins Bring a requirement →

Other markets: WONE Global covers 100 countries. Name yours in the requirement →

Dr. Esteban Lucio MaccariBuenos Aires · Argentina

WONE Global Capability Partner · Argentina

Dr. Esteban Lucio Maccari

Managing Director · Maccari Adam & Asociados · Buenos Aires

He is a lawyer with a degree from the University of Buenos Aires and a degree in Spanish Law. He completed postgraduate studies in Strategic Business Management at the Polytechnic University of Madrid and the Glocoll at…

Roberto GilardinoShanghai · China

WONE Global Capability Partner · China

Roberto Gilardino

Regional Partner North Asia & additional countries · Horizons (Shanghai) Corporate Advisory Company · Shanghai

Roberto Gilardino is Regional Partner at Horizons, supervising the advisory’s activities in North Asia as well as additional countries (including Mongolia, Malaysia, Indonesia, Pakistan, UAE, Cyprus and Malta).

Karin HorevTel Aviv · Israel

WONE Global Capability Partner · Israel

Karin Horev

Founding Partner · Horev & Co. Law Office · Tel Aviv

Adv. Karin Horev has been practicing corporate and commercial law for more than 20 years, with a focus on complex technology-related matters. Over the years, Karin has led a large number of complex and wide-ranging tran…

WONE Global Intelligence

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