Solved by Check Taiwanese Company Register
This feature lets you verify whether a vendor is listed in Taiwan’s official company register as part of onboarding. It helps confirm the vendor’s legitimacy and reduces compliance and fraud risk before you engage or pay them.
When onboarding a new vendor, you can use this feature to confirm that the business appears in Taiwan’s company register. It supports due diligence by validating that the vendor exists as a registered entity in the jurisdiction they claim. You provide key identifiers such as the company name (and, where available, registration or unified business number) to locate the correct record. The feature returns a clear indication of whether a match was found and presents the most relevant registration details for review. This enables you to cross-check the vendor’s submitted information against official registry data. It is especially useful when multiple similar names exist, helping you avoid onboarding the wrong entity. Verification can be used as a step in your vendor approval workflow before contracting, granting system access, or initiating payments. The result can be used to document onboarding decisions and satisfy internal compliance requirements. Overall, it reduces the risk of onboarding fraudulent, inactive, or misrepresented vendors.
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