To verify your Sogexia business account, you are required to provide the identity of all beneficial owners of your company along with their identification documents. This obligation is based on regulations that apply to all payment service providers.
Definition of a Beneficial Owner
A beneficial owner is a person who directly or indirectly holds more than 25% of the capital or voting rights in your company.
Special Cases
My company is partially or entirely owned by other companies:
In this case, you must provide:
- The identity of each company holding more than 25% of your company’s capital;
- The identity of individuals holding more than 25% of the capital in each company in the ownership chain.
If these companies are themselves owned by other entities, the same procedure applies until the end of the ownership chain, to identify the ultimate individuals holding more than 25%.
My company is an association:
You must provide the identity of all board members, including the president, secretary, and treasurer.
I am a sole trader, micro-entrepreneur, or my company is an EIRL:
You only need to provide your own identity.
My company is an SASU or EURL:
You must provide the identity of the person holding 100% of the share capital as well as the manager’s identity if this is a different person.