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What to Do When a Company's Bidding Often Fails Due to Bad Penalty Records? Featured

Monday, 12 August 2024 07:21

What to Do When a Company's Bidding Often Fails Due to Bad Penalty Records?

 

Shanghai Company A was penalized by the tax bureau five years ago. Although Company A accepted the penalty and made rectifications, the bad record has been retained on various corporate credit platforms, leading to frequent failures in winning bids and the loss of many business opportunities.

 

With no other choice, Company A turned to Dongjin for help. Dongjin coordinated with relevant government departments and corporate credit platforms on behalf of Company A, and ultimately helped eliminate the bad records on various corporate credit platforms, allowing Company A to "be reborn."

 

As companies increasingly value investigating the corporate credit of suppliers, bad records of administrative penalties will be displayed on various corporate credit platforms, causing companies to lose many business opportunities due to bad records.

 

Dongjin reminds companies to fully pay attention to their administrative penalty records and handle them in a timely manner.

 

If any company has any issues, please feel free to contact Dongjin at any time.

 

Mike Chang

Partner

Mikechang@shanghaiinvest.com

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