For businesses in Croatia planning 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 U.S. 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:
- Excerpt from the Commercial Companies Register (Izvadak iz Registra Trgovačkih Društava): This document is essential for businesses in Croatia, serving as proof of the company's legal existence. It includes important information such as the company's name, registered address, principal activities, and legal representatives.
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:
- Operating Agreement (Operativni sporazum): This document outlines the operational aspects and agreement among the company's members or partners, crucial for LLCs.
- Corporate Bylaws (Statut Društva): These bylaws specify the internal management structure of the company, including the roles of directors and the corporate governance framework.
- Partnership Agreement (Društveni Ugovor): This agreement outlines the terms and conditions among partners, detailing their mutual rights, duties, and liabilities.
- Articles of Incorporation or Organization (Statut ili Pravila Udrage): For corporations and associations, this document defines the entity's purpose, structure, and regulatory framework.
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, Lease Agreement, or any official document issued by a government authority: To confirm the physical presence of the business, a recent document is required. It should clearly display the business's name and address, ensuring it reflects the current operational site.
Ensuring that these documents are in order and readily available will facilitate a quicker and more efficient process to complete your business verification process.