International tax-reporting rules — the Common Reporting Standard (CRS), FATCA and the EU directive DAC8 — require us to collect a tax self-certification from every business customer. This tells us where your company pays tax, so we can report to the right tax authorities when the rules require it.
What do I need to enter?
Every country your company is tax resident in. You may be tax resident in more than one country. Please add all applicable jurisdictions.
A tax identification number (TIN) for each country.
A confirmation that you have provided all your tax residencies.
What does “not a U.S. person / not subject to FATCA” mean?
We ask you to confirm that your company is not a U.S. person and is not subject to FATCA reporting obligations, for example, it is not incorporated or tax resident in the United States. "Yes" is selected by default. If your company is a U.S. person, select "No" and add the U.S. as a tax residency with a U.S. TIN.
When do I need to provide it?
Most companies: you can provide it during sign-up or within 90 days of opening your account.
Companies with mainly passive income and companies registered in France: you must provide it before we can open your account.
Companies still in formation, passive ones included: after the account is opened, as they have no TIN yet.
My TIN is rejected. What should I do?
Check that you entered the number exactly in the format your tax authority issued it. If the number is correct and is still rejected, please contact us and we will help.
Active or passive income?
During sign-up, we ask every company, except non-registered freelancers, whether it makes most of its income by selling products or services.
Active: more than 50% of last year's income came from what your business sells, or from subsidiaries it owns and finances.
Passive: most of your income comes from dividends, interest, rents or royalties.