We at My UK Company , believe opening a company should be as easy as possible. That's why we walk you through each and every step supporting you, whoever you are from wherever you are. But one thing that's different about My UK Company is that we will need to verify your identity. With that being said, you need to know that we are regulated by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (“MLR 2017”) and we are required to carry out a digital ID verification check of your identity and address. So in case we are unable to successfully carry out a digital ID verification check of your identity and address, we will need you to provide us with some extra information and evidence of your identity and address in the form of certified copies of your original documents to satisfy our internal Anti-Money Laundering procedures. In case of a failure to comply or to cooperate with simple requests for such documents, we will unfortunately cancel the service your purchased or filled. In addition you won’t be eligible for refunds, meaning no refund shall be given if refuse or fail to provide the required documents.
Who do we require verifying ID and address from?
we are required to carry a verification of ID and address of all shareholders/Owners of a company/LTD/LLP who own 25% or more of the company in question.
When it comes to a Limited by Guarantee Company, we can accept the ID for the My UK Company account holder (we do not require ID from all company officers).
We also require verifying the ID and address of anyone who is not a Shareholder/Owner of a company using our Business Address service, but who wishes to receive and have mail forwarded to them, meaning if someone will get hold of mail that’s sent to you company we will need to verify their address too, even if they’re not a shareholder or owner.
And finally, we are required to verify the ID and address of ANY person who purchases the following: any of our incorporation packages, Share Transfer/Share Allotment, Appointment and Removal of Director/Secretary and Company Name Change, and any of our address services.
First of all, before we ask you for any document, We carry out a digital verification process for UK residents through our online ID verification tool, and once you pass this online ID check, you will not be required to provide certified copies of proof of ID and address documents by email or post.
UK residents who fail the online ID verification process, and all non-UK residents, will be required to provide certified ID and proof of address documents by email or post, as follows:
The document must be dated within the last 3 months, and it must show both the person’s name and address.