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2. KYC process: Required Information & Documentation
2. KYC process: Required Information & Documentation

This article provides essential information and supporting documents for the KYC process

Updated over a year ago

To make your onboarding process as smooth as possible, we've outlined the KYC (Know Your Customer) requirements based on your company type and address situation.

Choose the applicable option below and follow the instructions to ensure you have all the required information and documents ready.

💡 Questions or need help? Visit our Q&A page or contact PayEm CS Operations.


Required Information & Documentation for:

Privately Held Company with a Physical US Address

Please Note:

  • For KYC validation, your company's US office address and specified address-proof documents are required.

  • If a physical office address is unavailable, consider using the controlling officer's or an employee's US home address, details here.

Business Information

  1. Legal Name of your US Entity

  2. DBA Name (if different than above)

  3. Full Business Address (including floor, suite, or unit number)

  4. US Office Phone Number

  5. Website Address

  6. State of Incorporation

  7. Date of Incorporation

  8. EIN Number

  9. Primary Nature of Business

  10. Ownership

  11. Type of Legal Entity

Supporting Documentation

  • Taxpayer Identification Number Document (choose one):

    • IRS Notice Letter ID OR EIN - cp575 or 147c

    • Most recent tax return document

  • US Office Physical Address* Proof Document (choose one):

    • Utility bill (from last 60 days)

    • Bank statement (from last 60 days)

    • Current lease/rental agreement (with the signature page)

    • Insurance Statement (from last 6 months)

The documents must contain both the business name and address

Note: If a physical office address is unavailable, consider using the controlling officer's or an employee's US home address. Details can be found here. If not, follow the guidelines for a Privately Held Company without a US Address.

Alternate Address: Controlling Officer or Employee's US Home Address

If your company lacks a US physical address, you can use a controlling officer or employee's US home address for KYC by following these guidelines:

  1. Confirm with PayEm the use of the home address

  2. Get approval from the controlling officer or employee to use their home address

  3. After approval, collect these documents:

Supporting Documentation

  • Current State-Issued Driver’s License OR ID Card (ensure the listed address is current)

  • Address Proof Document (choose one):

    • Utility Bill (from last 60 days)

    • Bank Statement (from last 60 days)

    • Current Lease Agreement (current term, with signature page)

    • Mortgage or Insurance Statement (from last 6 months)

    • US Military ID Card

Controlling Entities Information

Please collect the following information for the company's controlling officer:

  1. Name

  2. Residential Full Address (City, state, street, zip code, floor, suite, or unit number if applicable). Note: Physical residential address is mandatory

  3. Date of Birth

  4. Passport Number (if not a US citizen) OR SSN (if US citizen)

  5. Phone Number

  6. Title

  7. Email

Supporting Documentation

  • For US citizen controlling officers: Social Security Number (SSN) and a valid driver's license

  • For non-US citizen controlling officers: Passport

Company’s Ownership Information

As part of KYC validation, please verify the following:

  • Does the controlling officer own more than 25% of the company?

  • Is there any person who owns more than 25%?

If individuals own more than 25%, gather this information for each:

  1. Full Legal Name (First and Last Name)

  2. Date of Birth

  3. Residential Address (City, state, street, zip code, floor, suite, or unit number if applicable). Note: Physical residential address is mandatory; PO boxes are not accepted

  4. Social Security Number (SSN) OR Individual Tax Identification Number (ITIN)

Supporting Documentation

If individuals own more than 25%, prepare SSN cards for each owner


Required Information & Documentation for:

Privately Held Company without a US Address

Please note:

  • For KYC validation, your company's US office address and specified address-proof documents are required.

  • If a physical office address is unavailable, consider using the controlling officer's or an employee's US home address, details here.

Business Information

  1. Legal Name of your US Entity

  2. DBA Name (if different)

  3. Phone Number

  4. Website Address

  5. State of Incorporation

  6. Date of Incorporation

  7. EIN Number

  8. Primary Nature of Business

  9. Ownership

  10. Type of Legal Entity

Additionally, provide the following information:

  1. Brief description of your business operations

  2. Details of your business operations in the US, including expansion plans

  3. Geographical presence, specifying locations of operation

  4. Major investor details (if applicable)

  5. Information about senior US-based employees, including their names and titles

Supporting Documentation

  • Legal Entity Identification Documents (Articles of incorporation / Certificate of incorporation)

  • Taxpayer Identification Number Document (choose one):

    • IRS Notice Letter ID OR EIN - cp 575 OR 147c

    • Most recent tax return document

Controlling Entities Information

Please collect the following information for the company's controlling officer:

  1. Name

  2. Residential Full Address (city, state, street, zip code, floor, suite, or unit number if applicable). Note: Physical residential address is mandatory

  3. Date of Birth

  4. Passport Number (if not a US citizen) OR SSN (if US citizen)

  5. Phone Number

  6. Title

  7. Email

Supporting Documentation

  • For US citizen controlling officers: Social Security Number (SSN) and a valid driver's license

  • For non-US citizen controlling officers: Passport

Company’s Ownership Information

As part of KYC validation, please verify the following:

  • Does the controlling officer own more than 25% of the company?

  • Is there any person who owns more than 25%?

If individuals own more than 25%, gather this information for each:

  1. Full Legal Name (First and Last Name)

  2. Date of Birth

  3. Residential Full Address (City, state, street, zip code, floor, suite, or unit number if applicable). Note: Physical residential address is mandatory; PO boxes are not accepted

  4. Social Security Number (SSN) OR Individual Tax Identification Number (ITIN)

Supporting Documentation

If individuals own more than 25%, prepare SSN cards for each owner


Required Information & Documentation for:

Publicly Held Company

Business Information

  1. Legal Name of your US Entity

  2. DBA Name (if different from the legal name)

  3. Name of Parent Company (if a subsidiary)

  4. Full Headquarters Address (street, city, state, ZIP code - no P.O. Boxes)

  5. Headquarters Mailing/Billing Full Address (if different from the Physical Address)

  6. US Office Phone Number

  7. Website Address

  8. State OR Country of Incorporation or Formation

  9. Date of Incorporation or Formation

  10. Number of Employees

  11. Time in Business (Years/Months)

  12. Federal Tax ID/EIN OR Company Registration ID

  13. Is the Company in Good Standing with the Secretary of State?

Supporting Documentation

Not required


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