Publicly traded companies are required to provide information for both the business entity itself and for the individual opening the Stripe account. US public companies are exempt from providing beneficial ownership information. Private subsidiaries of publicly traded companies with at least 51% of their equity interest held by a publicly traded entity on a US stock exchange may also be exempt.

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Onboarding as a publicly traded company

If setting up an account for a publicly traded company, select Other/I’m not sure as the business structure.

In the Business representative section, don't provide personal details. Provide dummy data such as “01-01-1910” for DOB or “1111” for the last 4 digits of the SSN.

In the Business owners section, select Continue with no owners. All other information must be provided for the company.

After your account application is successfully submitted, contact Stripe Support and provide:

• Your company’s market ticker – an abbreviation that denotes your stock on one of the US stock exchanges: New York Stock Exchange (NYSE), American Stock Exchange (NYSE American), or NASDAQ.
• A letter on company letterhead authorizing you to serve as the designated account representative. The designated account rep must be a person (it cannot be a company). The official letterhead must match the Stripe legal entity name and must include:
  • Date
  • Stripe account name
  • Business address
  • The body of the letter must contain something like the following:
    • I, Employee name, title (Example: CFO), authorize account representative name (Example: Sarah Jones), account representative title (Example: Product manager) to manage the Stripe account.
  • Account ID(s): Stripe account ID (acct_xxx)
  • Business name(s)
  • Website URL(s)
  • Business tax IDs
  • Account Rep
  • The letter must be signed by the company official (not the account representative).

Once the information is validated, your account’s business type will be updated to publicly traded company and you won't be required to provide beneficial ownership information.

Private subsidiaries of publicly traded companies

If your company is not publicly traded, but at least 51% of your common stock or analogous equity interest is held by a publicly traded entity on a US stock exchange, you may also be exempt from providing beneficial ownership information.

Follow the same instructions above, and when contacting Stripe Support also provide:

• Validation of your company’s ownership by the publicly traded entity such as a public company filing, news article, or other publicly accessible information.