Required Fields for Businesses

Listed below is the required information for onboarding a business. These details must be included in your legal entity creation request. For more information on the onboarding process please refer to our guide for onboarding businesses.

Required Fields for Businesses

Required Information	Parameter	Format	Requirement
Legal Business Name	`business_name`	String	Required
Doing Business As	`doing_business_as_names`	Array of Strings	Required if different than Legal Business Name
Entity Structure	`legal_structure`	String Possible Values: `corporation`, `llc`, `non_profit`, `partnership`, `sole_proprietorship`, `trust`	Required
Nature of business (products and/or services the business offers)	`business_description`	String	Required
Physical Address	`addresses`	Array of Addresses - P.O. boxes are not accepted with `address_type` of `business` and `primary` marked as `true`	Required
Registered Address	`addresses`	Array of Addresses - P.O. boxes are not accepted with `address_type` of `business_registered` `primary` marked as `false`	Required
Date of Incorporation - YYYY-MM-DD format	`date_formed`	String	Required
Monthly Expected Transaction Volume Amount (USD)	`expected_activity_volume`	Integer	Required
Purpose of the Account	`intended_use`	String	Required
Employer Identification Number	`identifications`	Identification with `id_type` of `us_ein`	Required
Proof of Address (utility bill, bank statement, lease, EIN letter, lease agreement)	`documents`	Documents with `document_type` of `proof_of_address` or an EIN letter attached as the `document` on an `identification` with `id_type` of `us_ein` These documents must have the meet the following freshness requirements at the time of submission: EIN Letters must be less than 6 months old. Other Proof of Address documents must be less than 3 months old. For more information please refer to our guide for onboarding businesses.	Required
Service Provider Legal Entity	`service_provider_legal_entity_id`	String (UUID) — The `id` of an existing legal entity that is the service provider (parent) of this legal entity in the service provider tree	Optional — Required when onboarding a service customer (e.g., C2, C3) under an existing service provider

Required Fields for Beneficial Owner(s) and Control Person

Required Information	Parameter	Format	Beneficial Owner	Control Person
First Name	`first_name`	String	Required	Required
Middle Name	`middle_name`	String	Required if applicable	Required if applicable
Last Name	`last_name`	String	Required	Required
Date of Birth	`date_of_birth`	String - YYYY-MM-DD format	Required	Required
Email Address	`email`	String	Required	Required
Physical Address	`addresses`	Array of Addresses - P.O. boxes are not accepted	Required	Required
Country of Citizenship	`citizenship_country`	String	Required for Non-U.S individuals. Not required when providing Social Security Number	Required for Non-U.S individuals. Not required when providing Social Security Number
Phone Number	`phone_numbers`	Array of phone numbers in E.164 format	Required	Required
Ownership %	`ownership_percentage`	String	Required	N/A
Social Security Number	`identifications`	Identification with `id_type` of `us_ssn`	Required for U.S. Individuals	Required for U.S. Individuals
Tax Identification Number	`identifications`	Identification	Required for Non-U.S individuals. Not required when providing Social Security Number	Required for Non-U.S individuals. Not required when providing Social Security Number

Updated 4 days ago