Sean Austin, senior associate, Berwin Leighton Paisner:
How do you verify the identity of an overseas company, whether it has power to enter into the contract and who is authorised to act on its behalf? Does it matter if you don’t know the difference between a Gesellschaft mit beschränkter Haftung and an Aktiengesellschaft?
Individuals travelling overseas with any frequency are used to having to prove their identity by the presentation of a passport, but there is no equivalent proof of identity available to companies. (more…)