Digital identification of legal entities
Rechtssicher, flexibel, 24/7
Whether you are a company, association or corporation, digital identification of legal entities combines all three essential components in a single, end-to-end process for the first time:
- Existence of the legal entity
- authority of the person acting on its behalf, and
- identity of the company representative.
This means that legal entities can also benefit from digital applications, real-time contract conclusion and AMLA-compliant processing – paperless, efficient and without media discontinuity.
Step by step: How identification works in detail
Legal entities can now use digital processes with their verified identity.
Special requirements for secure online business processes
Verifying the identity of legal entities poses particular challenges for companies because, unlike natural persons, legal entities do not have identity documents. This is where digital identification at the point of contact comes into its own.
Your advantages with the smooth process for digital identification of legal entities
Digital identification enables fast, legally compliant and paperless processing. Thanks to guided workflows and real-time verification, there is no need for additional documents or manual rework.
Am Point of Contact oder über Remote-Omnichannel
Identification takes place where the process starts: without detours, without waiting times, carried out by trained personnel. Alternatively, identification can also take place remotely or at a later time.
Minimal documentation required
For identification purposes, only a valid ID document of the authorised representative is required. The company is then verified by means of a register check.
Broad support for many legal forms
Identification is available for almost all German legal forms – from corporations and partnerships (e.g. GmbH, AG, UG, OHG, GbR) to registered associations, foundations, cooperatives and public-law corporations to freelance associations such as partnership companies.
Areas of application for your digital processes
Digital identification of legal entities is used in numerous industries and scenarios – wherever legally compliant, fast and media-break-free processes are required:
KYC & AML compliant financial transactions
For example, when opening accounts, taking out loans or leasing.
Assignment of Legal Entity Identifiers (LEI)
For regulatory requirements such as MiFID II or EMIR.
Digital business processes
Such as concluding contracts, registering vehicles or registering companies.
Company & Transparency Register
Entries in the company register and transparency register for the disclosure of ownership structures.
Talk to our experts
We will be happy to help you find the right solutions and offers for you. Simply fill in the form and we will get back to you as soon as possible.
Kathrin Crawford
Ufuk Irmak
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