When forming your limited company with a formation agent there are a couple of things formation agents will need to check before the application can be processed. The most important of our checks is the Anti Money Laundering Check.
Formation agents are legally required to carry out these checks under the Money Laundering Regulations 2007. Formation agents are required to check that the details you provide on your application match the identification documents which you provide. This will help identify any person who may be using fabricated details and prevent fraudulent activities.
When forming a limited company with a formation agent you should expect the formation agent you use to ask you to provide them with identification documents before they proceed with your application. This way you will know if the formation agent you are dealing with complies with the Money Laundering Laws. If you choose to form your limited company with Wisteria we will ask you to provide us with identification for all directors and shareholders with a holding of more than 20% shares. We only ask to be provided with a copy of a photo card driving licence or passport as proof of identity and a utility bill and bank statement as proof of address.
If you have any questions regarding Anti Money Laundering Checks call our support team who will be happy to answer any questions you may have on 0844 893 0808
If you wish to form your company with us go to www.wisteriaformations.co.uk and complete the 10 step application.
