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Acceptable KYB Documents

Learn the documents needed for Know Your Business (KYB) verification in Kobo.

KYB Document Stages

  1. Pre-Approval
  2. Post-Approval

Business Category Types

  1. Private or Public Limited Company (LTD/PLC)
  2. Business Name
  3. Registered Partnership
  4. Incorporated Trustees

Pre-Approval Business Type Requirements

Private or Public Limited Company (LTD/PLC)

  1. Certificate of Incorporation
  2. CAC Status Report or CAC 2 AND CAC 7 or CAC 1.1
  3. Board Resolution
  4. Utility Bill or bank statement within the last three months or rental agreement valid within 12 months
  5. BVN and NIN of All Directors (1 of each at onboarding)

Business Name

  1. Certificate of Incorporation
  2. CAC Status Report or CAC BN1
  3. BVN and Valid ID of Business Owners
  4. Utility Bill or bank statement within the last three months or rental agreement valid within 12 months

Registered Partnership

  1. Certificate of Incorporation
  2. CAC Status Report or Form CAC/LLP 01 or CAC/LP O1
  3. Partnership resolution
  4. Utility Bill or bank statement within the last three months or rental agreement valid within 12 months
  5. BVN of ALL Partners (1 of each at onboarding)
  6. NIN or Valid ID of Partners

Incorporated Trustees

  1. Certificate of Incorporation
  2. CAC Status Report or Form CAC/ IT 1
  3. Board of Trustees resolution
  4. Utility Bill or bank statement within the last three months or rental agreement valid within 12 months
  5. BVN of ALL Trustees (1 of each at onboarding)
  6. NIN or Valid ID of Trustees

Post-Approval Business Type Requirements

Private or Public Limited Company (LTD/PLC)

  1. Tax Identification Number
  2. SCUML
  3. BVN and NIN of all shareholders above 5% shareholding
  4. Social media handle of the business

Business Name

  1. Tax Identification Number
  2. SCUML
  3. Social media handle of the business

Registered Partnership

  1. Business Operating license (if applicable)
  2. Tax Identification Number
  3. SCUML
  4. Registered Partnership Agreement/Deed (certified as true copy by the Registrar of Companies)
  5. Social media handle of the business

Incorporated Trustees

  1. Business Operating license
  2. Tax Identification Number
  3. SCUML
  4. Social media handle of the business