For businesses in Mauritius eager to join Bancoli to streamline their financial operations and global payments, the verification process is an essential step. It requires business documents that play a key role in complying with international banking regulations.
The list below is tailored to help you understand the required documents and the type of information each document should contain in order to be accurately identified.
Important Note: We strongly recommend that you consult with legal counsel in your jurisdiction to ensure that you obtain the exact documents required for your specific business structure and location.
Legal Formation and Identification Documents
Initially, you will encounter a field requesting a "Certificate of Registration, Certificate of Incorporation, Certificate of Formation, Certificate of Organization, or a similar official document." Below are details for this fields options tailored to your jurisdiction:
- Certificate of Incorporation of Company (Certificate of Registration of Business): This foundational document serves as the official recognition of the company’s existence under Mauritian law. It includes key details such as the company name, date of incorporation, and registration number.
Operational and Governance Documents
Second, you will find a field that requests "Operating Agreement, Corporate Bylaws, Partnership Agreement, Articles of Incorporation or Organization." Below are details tailored to your jurisdiction:
- Company Constitution (Corporate Bylaws or Operating Agreement): The Constitution outlines the company’s governance structure, including the rights and obligations of shareholders and directors, as well as the operational guidelines of the company.
- Partnership Agreement: Essential for businesses operated as partnerships, this document details the agreement between partners regarding the business's operation, profit distribution, and management roles.
- Articles of Incorporation or Organization: These foundational documents officially record the company's creation in Mauritius, outlining its purpose, share structure, and compliance with local corporate laws.
Proof of Physical Business Address
Third, you will find a field that requests "Physical business address (e.g., utility bill, credit card bill, bank statement dated within the last 3 months)." Below you will find more detail:
- Utility Bill, Credit Card Bill, Bank Statement: To verify the physical presence of the business, a recent document (dated within the last 3 months) such as a utility bill (electricity, water), credit card bill, or bank statement is required. It should reflect the business's address in Mauritius and can be in the name of the company or one of its legal representatives.
Ensuring that these documents are in order and readily available will facilitate a quicker and more efficient process to complete your business verification process with Bancoli.