How to complete your form

1. Seller Information

The first section is pre-filled, so you don’t need to make any changes.  Simply proceed to the next section by clicking Continue.

2. Company Information

We pre-fill as much information as possible in this section. Feel free to add or edit any details as needed.   If your company does not have a Legal Entity Identifier, you can leave this section blank.

💡 A Legal Entity Identifier is only required if your company trades in publicly listed shares, ETF fund units, or other securities or derivatives listed on the stock exchange.

3. DAC7 directive

DAC7 is an EU directive that came into effect in 2023, aimed at improving cooperation between tax authorities in EU member states.

It requires digital platform operators to collect and report data on their users, such as sellers’ sales revenue and taxable activities. Learn more.

If your company is registered in the EU, select Yes for the question, 'Do you have a permanent establishment in the EU?'   Then, select all the countries where your company operates.  The system will automatically fill in your Tax Identification Number in the grey section below.

4. Adding a company bank account

Enter your bank account in IBAN format. Learn more.   Enter the account holder’s name.   Upload a document proving that the account belongs to your company. The document (image or PDF) must display your company’s official name and account number.

💡 The document you upload will be manually reviewed. If any information is missing, we’ll get in touch with you.

5. Adding Ultimate Beneficial Owners (UBOs)

Under EU law, we’re required to identify all ultimate beneficial owners (UBOs) of our corporate customers.   This includes individuals with 25% or more of shares or voting rights, as well as those who exercise significant decision-making power.   Such persons may be board members, senior executives (such as the CEO, CFO, COO), and others in similar positions.

💡Board members, directors, and similar roles are not automatically considered UBOs. To be classified as a UBO, a person must have significant control over the business's operations and/or strategic decisions.

Where possible, our system automatically retrieves UBO information from public business registers.   Select all individuals who meet the UBO definition above and fill in their details.   If a UBO is missing, click Add Ultimate Beneficial Owner to add them.
Fill in the required details for each individual and upload a copy of their identity documents.

💡 No additional documents are required at this stage, but if more are needed, our customer service team will contact you. If no individuals meet these criteria, we refer to senior management.

💡 How is my data stored? We only collect information necessary for the onboarding process and we protect your data from unauthorized access, changes, or deletion.

We store your data in line with EU regulations which require us to keep customer information and ID copies for at least 5 years after our business relationship ends or a transaction is completed.
 

6. Reviewing and Submitting the Information

In the final step, you'll see a summary of the information you've provided. If any details are incorrect, just click 'Edit' to make changes
Once you have checked that all details are correct, you can submit the form. You’ll receive a confirmation once it's complete, and verification usually takes one to two days.

💪 Thanks for taking the time to complete your onboarding form and help us create a safe auctioning experience for everyone!