Who is a Primary Beneficial Owner?
A beneficial owner is a person who directly or indirectly owns 25% or more of a company or exercises significant control over the business.
As part of our compliance and regulatory obligations, we need to comply with strict requirements. In addition to collecting the usual business information (for example, name of business, place of business, type of business, business registration number), we will need to obtain and verify the identity of all individuals who have 25% or more ownership of your business. In other words, you’ll need to enter the information for at least one person, and for up to four people.
We aim to verify this information electronically using the information you provide, but in some instances we may need additional documentation to do this. We will let you know if this is the case.
Useful Links
How to verify your identity?
What Documents do I need to Create a Diool Account?
As part of our compliance and regulatory obligations, we need to comply with strict requirements. In addition to collecting the usual business information (for example, name of business, place of business, type of business, business registration number), we will need to obtain and verify the identity of all individuals who have 25% or more ownership of your business. In other words, you’ll need to enter the information for at least one person, and for up to four people.
We aim to verify this information electronically using the information you provide, but in some instances we may need additional documentation to do this. We will let you know if this is the case.
Useful Links
How to verify your identity?
What Documents do I need to Create a Diool Account?
Updated on: 09/09/2022
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