To open a corporate account, you must provide the following documents:
Certificate of Incorporation/Registration.
Memorandum & Articles of Association.
Confirmation of directors and shareholding structure showing the Ultimate Beneficial Owner (UBO) with more than 10% shares.
Certificate of Good Standing (dated within one year) – required only if company information is not available on a public database.
Board resolution for opening a Taurex account, confirming the individual authorised to access the account (required when the company has more than one director or shareholder). A template is available: Board Resolution – Corporate Client.docx.
Proof of the company’s operating address (e.g., a recent bank statement from a regulated bank, utility bill, or government-issued document dated within six months).
A copy of a bank statement linked to the account used for deposits.
Proof of Identity (POI) and Proof of Address (POA) for:
All directors.
Individual UBOs with a shareholding of more than 10%.
Any authorised persons trading on behalf of the company.
Financial Documentation:
Last two years’ audited financial accounts, or
Management accounts signed by directors, or
Tax return, or
Bank statements showing a balance equivalent to the Funds Available for Trading (as stated in the questionnaire), or
Accountant or lawyer confirmation of the company’s activities and total assets, supported by a bank statement.