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Nature of business verification

Verifying your business activities

To verify your business activities in-app: 

  1. Select the category and subcategory that aligns the most with the type of products and services your business offers
  2. Describe in detail the products and services your business offers, and its main source of revenue

Provide proof of your nature of business as per the below information.

Holding companies

If you’re a holding company, you’ll need to provide a full list of any subsidiaries which your company owns over 25%. You’ll also need to disclose their nature of business (along with the relevant supporting documents) and their country of incorporation. You can learn more in this FAQ.

Newly incorporated companies

If your company was registered within the last 6 months and you don’t have any of the proof listed below, please visit our FAQ about the proof for newly incorporated businesses.

Accepted proof of nature of business

The documents you provide should clearly indicate your business’ products and services and must be valid at the time of application. Please provide one of the following: 

  • Link to an active website or online sales platform learn more
  • An invoice in the business' name dated within the last 6 months and a matching bank statement confirming the transaction was paid into the business' account learn more. We recommend highlighting the invoice payment on the bank statement 
  • A contract with a customer signed by both parties and dated within the last 6 months
  • A supplier agreement signed by your supplier and dated within the last 12 months
  • Supplier invoices dated within the last 6 months
  • Proof of regulation
  • A franchise contract
  • An official licence
  • Court documents dated within the last 12 months
  • Insurance contract or certificate from insurer
  • Association membership
  • Financial Statements or Annual Reports for the most recently completed financial year
  • Trademarks registration document