For businesses in Serbia 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:
- Certified Extract from the Business Registers Agency (Overen izvod iz Registra Privrednih Subjekata): Essential for confirming the business's registration and legal standing in Serbia, this document provides comprehensive details such as the business name, registered purpose, shareholders, and capital.
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 ugovor): Outlines the operational procedures and financial arrangements among business owners in Serbia, serving as the company's internal rulebook.
- Corporate Bylaws (Statut Društva): Governs the company's internal structure and operational protocols, detailing the roles and responsibilities of directors and officers.
- Partnership Agreement (Partnerski Ugovor): Details the terms of the partnership, including profit distribution and management responsibilities, crucial for businesses operated as partnerships.
- Articles of Incorporation or Organization (Akt o Osnivanju ili Statut Organizacije): Formalizes the establishment of the company, outlining its purpose, structure, and operational guidelines.
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 in Serbia, a recent document such as a utility bill (electricity, water, or phone) or bank statement is needed. It must show the business address and be dated within the last 3 months.
Ensuring that these documents are in order and readily available will facilitate a quicker and more efficient process to complete your business verification process.