Compliance & verification
Identity checks, documents, and having the answers ready when a bank or registrar asks.
Compliance is boring right up until a bank asks you for documents you don't have. The Compliance section keeps your venture's paperwork — identity verification, constitutional documents, filings — in one place, ready to hand over.
Identity verification (KYC)
Every member verifies their identity once, during onboarding: a government photo ID and a selfie. The check takes a few minutes and you don't repeat it for each new venture you join.
Why it matters: your member list is only useful to the outside world if the people on it are real, verified humans. KYC is what turns "a list of names" into "a list a bank will accept."
The Identity tab shows each member's verification status. A venture isn't fully active until everyone is verified.
Documents
The Documents tab holds your venture's legal and regulatory documentation:
- Your constitution — always available to view or download as a PDF. This is the document a lawyer or registrar will ask for first.
- Uploads — anything else your venture needs to keep on file: agreements, licenses, filings, board resolutions.
Everything is versioned and tied to your venture's tamper-proof record, so "which version did we sign?" always has an answer.
What banks and registrars will ask for
When you open a bank account or start an incorporation, expect to be asked for:
| They ask for | Where it is on Entity.ID |
|---|---|
| Proof the venture exists | Your public page and formation record |
| Founding document / operating agreement | Constitution PDF in Documents |
| Who owns it (beneficial ownership) | Ownership splits in your venture record |
| Who controls it | Members and roles under Governance |
| Verified identities of owners | Member KYC status under Identity |
| Business purpose and address | Entity Details from formation |
Having these ready is most of the battle. What usually takes weeks of back-and-forth becomes forwarding a link and a PDF.
Tax and jurisdiction
The Tax and Jurisdiction tabs track where your venture sits legally: its home jurisdiction, tax identifiers once you have them, and jurisdiction-specific requirements as you take on formal registrations.
Not legal advice
Entity.ID organizes your compliance; it doesn't replace professional advice. For tax elections and regulatory filings in your jurisdiction, talk to an accountant or lawyer — and hand them your Entity.ID records to save everyone hours.
Next steps
- Incorporating your venture
- How verification works — the technology behind the records