Small Business Company

Modified on Tue, 04 Jun 2024 at 01:26 PM

This will be a guide to help you understand the KYC required documents for the one person company / special property type.

TABLE OF CONTENTS





Firstly head towards the Login Page

Head towards upay.upayments.com and log in to your UPay Account



Click on the "Account" tab shown in the left side bar

Please make sure to fill all the mandatory details in the Account Information page, Once it is all completed, then head towards the Bank & Business information tab




Choose "Registered Business" 

Then Proceed with adding the required documents and information



Required Documents:


    1. Civil ID of the Manager (Front & Back)

*In case the authorized manager doesn't have a Kuwaiti residency, a copy of the passport is only required


Please Make Sure To Input the Expiry Date 


Sample:



 

Where to upload?




    2. Bank Account number

Bank account number consists of 10 numbers

Where to upload?




    3. Bank IBAN number (for the company)

Iban for the company consists of 30 numbers and letters


Where to upload?




   4. Beneficiary Name (company name)

English Only

Where to upload?



  5Company License


Issued by: Ministry of Commerce & Industry

Company License shouldn't be expired


Document Format: PDF only


Sample:




Where to upload?




    6. Article of Association and Primary of the company (Upload All pages)


Issued by: Ministry of Commerce & Industry


Document Format: PDF only


Sample:


Where to upload?




7. Commercial Registry Extract 
*Only required if the document in step 6 (Article of association) date is over one year.

Issued by:  Ministry of Commerce & Industry


Validity: 3 Months from issue date


Document Format: PDF only


Sample:




Where to upload?





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