Company beneficial ownership and director requirement

In certain countries Stripe is required to collect, verify, and maintain information on a company's beneficial owners and persons with significant control. This is to promote transparency and prevent financial crimes like money laundering and tax evasion. Stripe will check the information provided against the national registry of businesses in the country where the account is set up.

In certain countries, Stripe is required to confirm your company’s beneficial ownership and persons with significant control structures against the national registry of business in the country your account is set up in. These requirements come from Know Your Customer (KYC) obligations, which are intended to prevent individuals from using complex company structures to hide terrorist financing, money laundering, tax evasion, and other financial crimes.

What do I need to do?

We recommend that you review your business information with the national registry of businesses and ensure that the information is consistent with what was provided to Stripe.

If necessary, you can make updates to the information listed on the registry or Stripe account. If you’ve previously selected the wrong entity type, please update your Type of business selection on the Tax details Settings page of the Dashboard.

If your business and/or beneficial ownership information submitted on Stripe cannot be found or does not completely match the information listed on your national registry of business, we will notify you. This might affect your ability to accept payments or make payouts to your bank account.

Where can I provide this information?

If you sign up for a Stripe account directly, the information required will show in the account activation section of the Dashboard.

For existing Stripe accounts, any required information will show in the Business Details Settings page on the Dashboard.

If you are creating Custom accounts on behalf of your Stripe Connect platform users, you can find the requirements by selecting the relevant country from the required verification information menu.

Countries with Beneficial ownership requirements include: