Step 1
Set the depth
Choose a level — basic, extended or your own set of checks — to match the type of counterparty and the size of the deal. The set is saved and applied to every similar counterparty.
Counterparty due diligence
A full check on a counterparty before a deal — due diligence without collecting extracts by hand. The company, its director, founders and beneficial owners are checked against registers, court cases, debts, sanctions lists and media coverage. The service gathers the data; your lawyer and compliance team draw the conclusion about risk — from a report that is already there.
Data is stored in Russia Russian software registry no. 19972 152‑FZ
Counterparty due diligence with NeuroVision: the data to the service, the conclusions to the experts
You choose the depth
The law sets no single due diligence methodology — the depth depends on the size and the term of the deal
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What counterparty due diligence is
A full check on a company before a deal: legal, tax, financial, sanctions and reputational, plus a check on the people who run and own it. What the concept is and where it came from — in an article on due diligence.
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Gathering the data — the service's job
The longest part of due diligence is gathering the data: the register extract, the court case file, the bailiffs, Fedresurs, the sanctions lists — for the company and for every person. NeuroVision does it in a single API request and returns a report with a source and a verdict for every check.
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The conclusions — people's job
The service does not judge whether a dispute is dangerous for your deal, does not read the articles of association or the contracts, does not verify that deliveries were real and gives no tax opinion. That is the work of a lawyer, a tax adviser and an auditor — with the report in hand, their time goes on conclusions rather than on searching.
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Not to be confused with a check by tax number
A check by tax number is a quick clearance before a contract, done entirely by the service. Counterparty due diligence is a decision on a significant deal: it adds beneficial owners, PEP lists, media coverage and documents, and the conclusion is an expert's. Due diligence for buying a business is run by consultants; the service supplies the data on people and registers.
- 1 API request — the company and the people behind it
- 6 lines of checking
- 5 ₽ per check against a Russian register
Lines of counterparty due diligence: what the service takes on
A check can be assembled from six lines. In each of them the service covers gathering data from registers and lists, and a specialist makes the assessment.
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Legal
The service: the company's status in the state registers, its date of registration, the director and the founders, commercial court cases of the company and of the people behind it.
The expert: the articles of association, the signatory's authority, title to assets, contract terms and licences.
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Tax
The service: account freezes ordered by the tax service, tax arrears, signs of a nominee or serial director.
The expert: the deal's tax risks, source documents, whether performance was real.
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Financial
The service: bankruptcy of the director and the founders, enforcement proceedings, individuals' debts.
The expert: the accounts, the debt load, the quality of revenue.
- Learn more
Sanctions
The service: the Rosfinmonitoring watchlist, the OFAC, EU, UK and UN lists, the foreign agents register, PEP lists — for the people behind the company.
The expert: the ownership and control rules along the chain of owners.
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Reputational
The service: adverse coverage in the media, criminal, civil and administrative cases involving the director.
The expert: how reliable the source is and how much each finding weighs.
- Learn more
People and beneficial owners
The service: links between the director and the founders and other companies. Beneficial owners and the ownership structure — in the KYB scenario.
The expert: opaque chains and foreign links.
A checklist: the source and who does it, for every check
A counterparty due diligence checklist in the form that is easiest to hand on: what to check, where, and who does it. The service carries out the lines tagged «API» itself; the rest are for your specialists.
- Status, liquidation or reorganisation, date of registration
- The director and the founders with their tax numbers
- The company's commercial court cases
- Freezes on the company's account transactions
- The articles of association and the signatory's authority
- Licences, where the activity is licensed
- The financial statements
- Links with other companies and sole trader status
- Nominee or serial director
- Personal bankruptcy
- Commercial court cases, including bankruptcy
- Account freezes and tax arrears
- The list of terrorists and extremists
- Sanctions lists
- The foreign agents register
- Criminal, civil and administrative cases
- Enforcement proceedings
- PEP, sanctions from 50+ countries and adverse coverage — 36 ₽
- Whether performance was real: the counterparty's deliveries, works and resources
- How material the disputes and debts found are for the deal
- The ownership chain and control, with foreign links
- The final opinion and the decision on the deal
- API — the check is carried out at NeuroVision, 5 ₽ per register. A lawyer, an auditor, an expert — a specialist working on the counterparty's documents.
- A search by name may turn up namesakes: the results are split into exact matches and likely namesakes. The date of birth is not in the state register but in the representative's data after KYC, so the bailiff and PEP checks run once it is known.
- A detailed checklist for every item — in the article «How to check a company and its beneficial owners before a deal».
Basic, extended and expert levels
How deep due diligence goes depends on the size and term of the deal. The three levels below are a starting point. The set of checks for each type of counterparty is configured in the API.
- A check by tax number
Basic
Quick clearance with no involvement from the counterparty
What it covers
- The company's status
- The director and the founders by tax number: links, nominee status, bankruptcy, commercial court cases, freezes, taxes
- The Rosfinmonitoring watchlist and sanctions
When it fits
- One-off deliveries and small amounts
- Checking suppliers and sellers in bulk
- Get test access
Extended
A deal with an advance payment or a long term
What it covers
- Everything in the basic level
- Courts of general jurisdiction and the foreign agents register
- PEP, sanctions from 50+ countries and adverse coverage
- Beneficial owners and KYC of the representative, in KYB
When it fits
- Long-term contracts and advance payments
- Onboarding companies at a bank, a microfinance company or a leasing company
- Discuss the project
Expert
Buying a stake, investments, a large contract
What it covers
- The NeuroVision report as source data for the team
- An export into your system through the API
- Documents, accounts, taxes and assets are checked by lawyers and auditors
When it fits
- Deals where a mistake costs more than the consultants
- Preparing an opinion for a client
Due diligence step by step: from the tax number to the decision
Six steps, of which the first and the last fall to people: choosing the depth and taking the decision. Everything in between is the service's work.
Step 2
Send the tax number
The tax number comes from the supplier card, the application or the CRM. The request goes to the API from your system, or is started through the KYB widget.
Step 3
The service finds the company
The tax number brings back the status, the date of registration, the director and the founders with their tax numbers, as well as the company's own court cases and account freezes.
Step 4
The people behind the company are checked
The director and the founders go through checks by tax number, with no namesakes, and by name: bankruptcy, commercial court cases, taxes, nominee status, watchlists, sanctions, PEP lists and media coverage.
Step 5
The report arrives in your system
Every check comes back with a verdict — «passed», «not passed» or «not enough data» — the records found and the source. The result arrives by webhook, in JSON.
Step 6
A specialist takes the decision
Clean counterparties move on under your rules; findings go to a lawyer or to compliance. The decision and the dated report are kept in the counterparty's file.
The counterparty report: what your system receives
The report is not a PDF saying «reliable / unreliable» but a set of checks with a verdict, the findings and the source. It holds the company card, the check results for every person behind it, a verdict of «passed / not passed / not enough data», the records found with case number, amount, date and source, and the date and time of the check. A search by tax number carries no namesakes; a search by name separates exact matches from likely namesakes. The report is kept in your system, and the data is processed under 152‑FZ.
Due diligence documents: what the report evidences
Due care in choosing a counterparty is a common reason for due diligence. The Tax Code has no such term: in letter No. BV-4-7/3060@ of 10.03.2021 the Federal Tax Service speaks of «commercial care». A counterparty's own breach of tax law is not in itself grounds to disallow expenses or deductions (Tax Code, art. 54.1, cl. 3). The tax service suggests assessing business reputation, solvency, the risk of non-performance, resources and experience (cl. 15 of the letter), and where a company showed due care and did not know the counterparty was a «technical» one, there is no offence (cl. 20). The report records that a check was carried out, when and from which sources, but it does not guarantee the outcome of a tax inspection and does not prove that deliveries were real. More — in an article on due diligence.
- Business reputation
- Solvency and the risk of non-performance
- The authority of the director and the signatory
- Resources and experience
- Whether the deal was really performed
- Business reputation
- Solvency and the risk of non-performance
- The authority of the director and the signatory
- Analysis of information about the counterparty, open tax service data included
- The criteria are from clause 15 of the letter of the Federal Tax Service of Russia of 10.03.2021 No. BV-4-7/3060@. The report does not cover «Resources and experience» and «Whether the deal was really performed» — you gather those documents yourself.
- The report records the date, the source and the result of every check — that is the «analysis of information about the counterparty, open tax service data included».
Due diligence by hand and through NeuroVision
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Gathering the data, and namesakes
By hand — the register extract, the court case file, the bailiffs, Fedresurs and the sanctions lists, separately for the company and for every person, with a member of staff sorting out the namesakes. NeuroVision — one API request: the company and the people behind it, by tax number with no namesakes, and by name with exact matches kept apart from likely namesakes.
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Recording the result and repeating the check
By hand — screenshots and extracts in a folder, the date being whenever they were saved, and a repeat means doing it all again. NeuroVision — a verdict, the records and the source for every check, in dated JSON, and a repeat is one API request.
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Scale and cost
By hand — limited by your staff's time and by subscriptions to services. NeuroVision — the tax numbers go out of your system, each in its own request; 5 ₽ per register check, with no subscription fee.
Either way, weighing the findings is for a lawyer or compliance — with NeuroVision, from a report that is already there. We quote no savings figures — they depend on your process.
Who needs counterparty due diligence
Counterparty due diligence is needed where picking the wrong partner costs more than the check. The contents and the depth are configured for each scenario.
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Banks, microfinance companies and payment services
- Onboarding companies and sole traders: the director, the founders, the Rosfinmonitoring list
- Beneficial owners and KYC of the representative in the KYB scenario
- The report is kept for internal control
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Procurement and supply
- A supplier check before the contract and the advance payment
- A file evidencing commercial care
- Checking the whole supplier base through the API
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Leasing and factoring
- The lessee and the debtor before the decision on the deal
- Bankruptcy, commercial court cases and account freezes
- A check on the director acting as guarantor
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Investment and M&A
- Data on the people behind the company, for the consultants' team
- Sanctions and PEP screening of the owners
- Adverse coverage about the management
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Lawyers, auditors, consultancies
- A check on the parties to a deal while an opinion is being prepared
- The report as source data, not as a conclusion
- Less gathering by hand — more time for analysis
What counterparty due diligence costs
There is no single price for due diligence: it adds up from the checks you switch on. You pay only for the checks carried out, with no subscription fee and no annual licence.
Calculate the cost- 01
Checks on the director, the founders and sole traders — 5 ₽ per register. PEP, sanctions from 50+ countries and media coverage — 36 ₽
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An example: the basic set for a director and two founders — 135 ₽. With PEP and media coverage — 243 ₽
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Checks on the company and its beneficial owners — as part of KYB, priced on request. A 1‑month trial
Connecting: the API, the KYB widget or your own perimeter
Terms
- A 1-month trial period
- A dedicated manager
- 24/7 support
- Payment for the checks performed
Read also
Due diligence, company and beneficial owner checks — in our blog.
123 30
KYC, AML and Digital Identification
Due Diligence: What It Is and How to Vet a Counterparty
115 26
KYC, AML and Digital Identification
How to Vet a Company and Its Beneficial Owners Before a Deal: KYB in Simple Terms
170 16
KYC, AML and Digital Identification
Beneficial Owner (UBO): Who It Is, How to Establish One, and Why It Matters
391 20
KYC, AML and Digital Identification
AML, KYB, and Beneficiary Verification: How to Build Compliance for B2B Customers
Questions about counterparty due diligence
A check on the company from the register and on the people behind it: the director and the founders by tax number (links, nominee status, bankruptcy, commercial court cases, account freezes, taxes) and by name (watchlists, sanctions, foreign agents, court cases). On request — PEP, sanctions from 50+ countries and adverse coverage, and in the KYB scenario — beneficial owners. What due diligence is and what kinds there are — in an article on due diligence.
A check by tax number is a quick clearance: registers, the director, the founders, and the decision is often automatic. Due diligence goes deeper: more lines of checking, PEP lists and media coverage, beneficial owners, the company's documents, and a specialist draws the final conclusion. Both checks run on one platform.
No. The service gathers and reconciles data from registers, courts and lists. The articles of association, the contracts, the accounts, whether deliveries were real and how material the risks are — all that is assessed by a lawyer, an auditor or a tax adviser, from the finished report.
There is no general duty: due diligence is the company's own decision. Organisations named in article 5 and the persons named in article 7.1 of 115‑FZ must identify their clients, their representatives and their beneficial owners. For tax purposes the tax service describes a standard of commercial care in choosing a counterparty.
The report records that the company checked its counterparty, when, and from which sources. Under tax service letter No. BV-4-7/3060@, where commercial care was shown and the company did not know the counterparty was «technical», there is no offence. But the report does not replace the contract, the source documents or confirmation of the signatory's authority.
Gathering the data is automatic. How long the whole check takes depends on the depth and on how long the specialists spend on the documents. There is no universal timescale for due diligence.
The cost adds up from the checks included: 5 ₽ per check against a Russian register, and 36 ₽ for PEP, sanctions from 50+ countries and media coverage. The basic set for a director and two founders — 135 ₽. Checks on the company and KYB — on request. There is no subscription fee.
Yes, in the KYB scenario: the representative names the owners with a stake above 25 %, and each of them goes through a check by link. The results land in the overall report on the company.
Directors and owners can be checked against the sanctions lists of OFAC, the EU, the UK and the UN, and in international PEP screening. A foreign company is checked in the KYB scenario against overseas registers.
Yes, a repeat check can be run through the API on a schedule. Counterparty monitoring with alerts on changes of status, of owners and on appearances on lists is part of KYB.
Yes. Through the API each tax number goes in its own request, and your system can send the entire base of suppliers or clients at the level of checking you need.
Let us talk about due diligence on your counterparties
Tell us whom you check, which deals and in what volume — we will pick the level of checking and give you test access.
Can't put your request into words? Book a call and our team will contact you at a convenient time
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