For businesses in Turkmenistan preparing 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 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:
- State Registration Certificate (Döwlet Belligi): This document is crucial for businesses in Turkmenistan, acting as the official recognition of a business’s legal existence. The specific type of State Registration Certificate required depends on the business entity.
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:
- Charter/Statutes (Esasnama): Acts as the foundational document of a company in Turkmenistan, detailing the internal governance, including roles, responsibilities, operational procedures, and the structure for company decision-making.
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 Bank statement: To verify the physical presence of the business in Turkmenistan, a recent document (dated within the last 3 months) such as a utility bill (electricity, water), lease agreement, or bank statement is required. It should reflect the business's address 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.