Onboarding requirements for Stripe Connect in India : Stripe: Help & Support

Onboarding requirements for Stripe Connect in India

Connect configurations that do not rely on onboarding built by Stripe are currently only available for certain use-cases in India. Please reach out to our sales team if you are interested in this feature.

When onboarding accounts to a Connect platform using this integration type, you need to collect the required information for each account (which Stripe verifies) and submit it using the Accounts API. The information you need to collect depends on factors such as the capabilities you want to activate for the account and the country the account is based in.

If you're leveraging onboarding built by Stripe, you don't need to collect information as Stripe does that for you, however, you can review what information is being collected from your users on this page.

Verification requirements differ based on:

The country connected accounts are created in.
The capabilities connected accounts requested.
The business type (e.g., individual, company) and structure (e.g. public corporation, private partnership).

For country = India, Business Type = Companies

Available Capabilities:

[✓] card_payments

[✓] transfers

At least one capability must be selected. The transfers capability must be selected when the card_payments capability is selected.

Minimum verification requirements for India

Verification attempts can take minutes or, if it's a manual review, hours to complete. If Stripe is unable to verify the information, the account is updated and a webhook is sent to your platform.

Companies and Limited Liability Partnerships (LLPs) with the card payments capability

REQUIRED BEFORE	PARAMETER
Account information
Business type	First charge	Business_type = company
Business structure	First charge	company.structure = private_company or company.structure = limited_liability_partnership or company.structure = trust
Terms of service	First charge	tos_acceptance.date tos_acceptance.ip
External account	First charge	external_account
URL	First charge	business_profile.url
Product description	First charge	business_profile.product_description
Support phone number	First charge	business_profile.support_phone
Company
Company name	First charge	company.name
Company address	First charge	company.address.line1 company.address.line2 company.address.postal_code company.address.city company.address.state company.address.country
Company phone	First charge	company.phone
Company ID	First charge	company.registration_number Must be a valid Company Identification Number (CIN) or LLP ID issued by the Ministry of Corporate Affairs
Company tax ID	First charge	company.tax_id Must be a valid Permanent Account Number (PAN) issued by the Indian Income Tax department
Company relationship	First charge	company.owners_provided = true
Representative
Name	First charge	relationship.representative.first_name relationship.representative.last_name relationship.representative.title
Date of birth	First charge	relationship.representative.dob.day relationship.representative.dob.month relationship.representative.dob.year
Address	First charge	relationship.representative.address.line1 relationship.representative.address.line2 relationship.representative.address.postal_code relationship.representative.address.city relationship.representative.address.state relationship.representative.address.country
Phone	First charge	relationship.representative.phone
Tax Information	First charge	Relationship.representative.id_number Must be a valid Permanent Account Number (PAN) issued by the Indian Income Tax department
Owners
Name	First charge	relationship.owner.first_name relationship.owner.last_name relationship.owner.title
Date of birth	First charge	relationship.owner.dob.day relationship.owner.dob.month relationship.owner.dob.year
Address	First charge	relationship.owner.address.line1 relationship.owner.address.line2 relationship.owner.address.postal_code relationship.owner.address.city relationship.owner.address.state relationship.owner.address.country
Phone	First charge	relationship.owner.phone
Percent ownership	First charge	relationship.owner.percent_ownership
Tax Information	First charge	relationship.owner.id_number Must be a valid Permanent Account Number (PAN) issued by the Indian Income Tax department

Sole proprietorships with the card payments capability

REQUIRED BEFORE	PARAMETER
Account information
Business type	First charge	Business_type = company
Business structure	First charge	company.structure = sole_proprietorship
Terms of service	First charge	tos_acceptance.date tos_acceptance.ip
External account	First charge	external_account
URL	First charge	business_profile.url
Product description	First charge	business_profile.product_description
Support phone number	First charge	business_profile.support_phone
Company
Company name	First charge	company.name
Company address	First charge	company.address.line1 company.address.line2 company.address.postal_code company.address.city company.address.state company.address.country
Company phone	First charge	company.phone
Company GST ID	First charge	company.vat_id Optional: GST Identification Number can be used to verify the identity of your business. Additionally, GST can be used for e-invoicing purposes.
Representative
Name	First charge	relationship.representative.first_name relationship.representative.last_name relationship.representative.title
Date of birth	First charge	relationship.representative.dob.day relationship.representative.dob.month relationship.representative.dob.year
Address	First charge	relationship.representative.address.line1 relationship.representative.address.line2 relationship.representative.address.postal_code relationship.representative.address.city relationship.representative.address.state relationship.representative.address.country
Phone	First charge	relationship.representative.phone
Tax Information	First charge	relationship.representative.id_number Must be a valid Permanent Account Number (PAN) issued by the Indian Income Tax department

Individuals with the card payments capability

REQUIRED BEFORE	PARAMETER
Account information
Business type	First charge	Business_type = individual
Terms of service	First charge	tos_acceptance.date tos_acceptance.ip
External account	First charge	external_account
URL	First charge	business_profile.url
Product description	First charge	business_profile.product_description
Support phone number	First charge	business_profile.support_phone
Individual
Name	First charge	relationship.representative.first_name relationship.representative.last_name relationship.representative.title
Date of birth	First charge	relationship.representative.dob.day relationship.representative.dob.month relationship.representative.dob.year
Address	First charge	relationship.representative.address.line1 relationship.representative.address.line2 relationship.representative.address.postal_code relationship.representative.address.city relationship.representative.address.state relationship.representative.address.country
Phone	First charge	relationship.representative.phone
Tax Information	First charge	relationship.representative.id_number Must be a valid Permanent Account Number (PAN) issued by the Indian Income Tax department

If Stripe is unable to verify the company, its representatives or beneficial owners, you need to provide a scan of an ID document. This can be collected with the verification.document.front and verification.document.back arguments.

Acceptable ID Type in India

Acceptable ID documents vary by country. There are some forms of identification that require scans of both the front and back of the ID. For these, use the document_back parameter to provide the back of the document. Unless explicitly noted, only a scan of the front of the ID is required. Beyond a certain threshold, this will lead to payouts being paused until we receive a soft copy of the necessary documents. During this time, be assured that there will be no disruption in your ability to collect payments.

If user country is based in India, acceptable forms of identification are:

For individuals
- Passport — a scan of the photo page
- Driver license — scans of front and back are required
- Income tax PAN card — a scan of the side with the person’s details
For companies and LLPs
- Ministry of Corporate Affairs (MCA) registration certificate
- Goods and Services Tax (GST) registration certificate

Identity verification for connected accounts in India

To complement our identity verification for connected account doc, below describes the business structures you can classify a company with in India. If you or your users think the entity type should be a company but are unsure, the information might be in the business formation documents or tax documents for that entity.

BUSINESS STRUCTURE	DESCRIPTION
private_company	A business incorporated under the Companies Act 2013 that limits owner liability to their shareholdings, the number of shareholders to 200, and restricts shareholders from publicly trading shares.
limited_liability_partnership	A business registered under the Limited liability Partnership Act 2008 with a minimum of two partners, a minimum of two designated partners who are individuals, and at least one of them resident in India.