In certain countries, Stripe is required to confirm your company's structures surrounding beneficial ownership and persons with significant control against the national registry of business in the country in which your account is set up. 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.
We recommend that you review your business information with the national registry of businesses and ensure that this 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 the beneficial ownership information that you submitted on Stripe cannot be found or does not match the information listed on your national registry of business exactly, we will notify you. This might affect your ability to accept payments or make payouts to your bank account.
If you sign up for a Stripe account directly, the information required will be displayed in the Account activation section of the Dashboard.
For existing Stripe accounts, any required information will be displayed on 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.