Documents Required for On-Boarding (Wallex Hong Kong)

What documents do I need to prepare for onboarding?

The following documents are required for onboarding with Wallex Hong Kong.

Do note that Hong Kong-incorporated entities may also onboard with Wallex Singapore or Wallex Indonesia. For more details on what this will require, you may refer to the corresponding Wallex Singapore or Wallex Indonesia FAQ pages. 
 

1. Incorporation documents: 
   1. Certificate of incorporation - 公司注册证书 
   2. Business Registration Certificate - 商业登记证 (still valid and not past the expiry date) 
   3. Form NAR1 (Annual Return - 周年申报表) (Latest document - made up date to correspond with the date in the Business Registration Certificate) 
   4. FNNC1 - Incorporation Form (If the company is newly incorporated and NAR1 is not available) 
2. Identity Documents of Directors,  Approved Persons and Authorised Users and ultimate beneficial owner (UBO)  
   1. Examples of Identity Documents include the Hong Kong Identity Card (HKIC) and/or Passport
3. Proof of address (POA) of all the Ultimate Beneficial Owners and Approved Persons and Authorised Users   
4. All Ultimate Beneficial Owners listed in Incorporation Documents/Shareholding Chart 
5. Director’s Declaration of Ownership and Company Structure Form - For companies with more than 3 layers   
6. Shareholding Chart - For companies with more than 1 layer of shareholders 
7. Board Resolution for the appointment and authorisation of authorised Persons that is registered in Wallex admin for the acknowledged as the official person to represent the company   

Please submit the certified true copy (CTC) of all documents listed above, except for the Board Resolution. 

Please note that this is not an exhaustive list of all documents required, regardless of whether your business in incorporated Hong Kong or overseas. We may request additional documents as well depending on the nature of the business. 

Foreign Entities 

Foreign entities not based in Hong Kong may be managed by Wallex Technologies International Limited (Hong Kong-based).  

During the onboarding process. foreign entities will be required to submit the same documents as listed above for Hong Kong-incorporated entities.  

The requirements for incorporation documents, however, are slightly different. We will need records from an Independent Company Registry detailing Corporate Profile, or the Memorandum and Articles of Association together with the Register of Directors or Certificate of Incumbency. These documents would require CTC.  

If you have any questions or concerns please reach out to your Account Managers and they will be able to assist you. Alternatively, you may reach out to our team at contact@wallextech.com and one of our team members will be able to assist you.