What Company Documents Are Required for Binance Institutional Account Verification?
Core conclusion: The company documents required for a Binance institutional account (corporate verification/KYB, i.e., Know Your Business) fall into three main categories: company proof of existence documents, company address proof documents, and identification documents for ultimate beneficial owners and authorized persons. If any one category is missing, the application cannot proceed.
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The following checklist is compiled based on Binance's official corporate verification process. Before preparing the materials, confirm your company's country of incorporation and business nature — document requirements may vary slightly among different jurisdictions, and the Binance review team will notify you after submission if any additional documents are needed based on specific circumstances.
Prerequisites
Before initiating institutional verification, you need to complete the following two steps:
Have a Binance individual account and complete basic identity verification (KYC). The application portal for a corporate account can only be accessed after logging in with a verified personal account.
Confirm that the applicant is an authorized representative of the company and has the authority to submit the verification application on behalf of the company.
Step 1: Prepare Company Proof of Existence Documents
What to do: Collect the core registration documents that prove the company's legal existence and business qualifications.
Required document list:
Certificate of Incorporation: A document issued by the government registration authority certifying the establishment of the company.
Business Registration Document: A document proving that the company is legally registered and operating in the place of incorporation.
Operating License (if applicable): Certain industries or regions require an additional operating license. Binance will determine whether this is needed based on the company's place of incorporation.
What constitutes completion: Prepare clear color scans or photos of the above documents, ensuring that information such as registration number, full company name, date of incorporation, and issuing authority is fully legible.
The company name on all corporate documents must be exactly consistent. If the full company name contains special characters or punctuation, it must match the writing on the certificate of incorporation without any discrepancy.
Common reasons for failure:
The submitted certificate of incorporation has expired or is about to expire. Binance usually requires that documents be within their validity period.
The uploaded file is incomplete, for example, only the first page of the certificate of incorporation was submitted, missing key information on the reverse side or the page with the seal.
Step 2: Prepare Company Address Proof Documents
What to do: Provide official documents that can prove the company's registered address or actual business address.
Required document list (any one of the following):
Company bank account statement (within the last 3 months)
Utility bill (electricity, water, gas, etc.) with the company's name and address consistent with the registration information
Company address confirmation letter issued by a government agency
Lease agreement confirmed by a government authority or registration certificate of the lease agreement
Document requirements:
Issue date no older than 3 months (6 months may be acceptable in some jurisdictions)
The document must display the complete company name and detailed address
Mobile phone bills, payroll statements, and retail credit card statements are not accepted as proof of address
What constitutes completion: Have one address proof document that meets the above timeliness and format requirements ready, in PDF, JPG, JPEG, or PNG format.
Step 3: Prepare Identification Documents for Ultimate Beneficial Owners and Authorized Persons
What to do: Submit the personal identification information of the company's ultimate beneficial owners (UBOs) and authorized account managers.
Required document list:
Ultimate Beneficial Owner identification: Passport or government-issued photo ID (front and back photos), covering all individuals who ultimately hold 25% or more of the company's equity.
Identification of the account authorized person/applicant: The identification document of the person responsible for managing the Binance corporate account (usually the account manager liaising with Binance).
If submitting a passport: The passport cover photo can replace the back side photo, but ensure that the personal information page is clear and complete.
Required information:
Full name (consistent with the ID document)
Date of birth
Nationality
Residential address
What constitutes completion: Collect copies of identification documents for all beneficial owners and the account manager, ensuring each person's document set is complete with clear front and back sides.
Step 4: Submit the Application and Upload Materials
What to do: Log in to the Binance corporate account registration portal, fill in the information, and upload all the above materials.
How to do it:
Log in to the Binance official website, and select "Corporate Account" on the registration page.
Fill in the company's detailed information: full company name, registration number, country of incorporation, business nature.
Fill in the information of the beneficial owners and authorized persons: enter name and identity details item by item.
Upload the files prepared in Steps 1-3 one by one.
Submit the application and wait for review.
What constitutes completion: The page shows "Submission successful" or "Corporate verification under review," and you receive a confirmation email from the Binance system.
If some documents are temporarily unavailable at the time of submission, you can skip that step in the "Entity Verification" section and supplement them later through the summary page. However, this must be completed before the trial period expires, otherwise the corporate account functions will be disabled.
Step 5: Wait for Review and Submit Additional Materials as Required
What to do: The Binance review team will verify the submitted materials. If there are any questions, they will notify you via email or through the corporate account backend to provide supplementary materials.
Review time: No verified uniform review timeline can be found. The duration depends on the complexity of the company's place of incorporation, the completeness of materials, and the current application volume. If you have not received a reply for more than one week, you can contact online customer service through the corporate account backend to check the status.
Scenarios requiring supplementary materials:
If the company's place of incorporation involves a sanctioned region or a high-risk jurisdiction, additional business compliance proof may be requested.
If the beneficial owner information is incomplete, you will be required to supplement the missing shareholding structure information.
What constitutes completion: Receive an official email notification from Binance confirming that the corporate verification status is "Approved."
Risk Warning
Fund risk: Before institutional account verification is approved, the corporate account's functions (deposit, trading, withdrawal) will be restricted or disabled. Please be sure to initiate the verification process at least 2-4 weeks before you need to use the account to avoid delays in fund operations.
Account risk: Submitting false corporate documents, forging registration information, or using another company's identity to apply for verification may result in Binance permanently freezing the corporate account and reporting to relevant regulatory authorities. Verification information will be used for compliance review, and false information may entail legal liability.
Compliance risk: KYC/KYB (Know Your Customer/Know Your Business) legal requirements vary across jurisdictions. Binance may, based on the regulatory requirements of the company's place of incorporation, request additional tax registration documents or anti-money laundering (AML) declarations. Refusal to cooperate may lead to verification failure.
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FAQ
Q1: What is the difference between documents required for institutional verification and individual verification?
Individual verification mainly requires proof of identity (POI) and proof of address (POA). Institutional verification, on top of the above, also requires corporate documents such as certificate of incorporation, business registration documents, operating license, as well as personal identification of all ultimate beneficial owners.
Q2: My company has previously completed institutional verification for another Binance product (such as Binance Pay). Do I need to resubmit this time?
No. If you have previously completed institutional verification for Binance.com or Binance Pay, the system will automatically populate historical business information when registering a corporate account, expediting the verification process.
Q3: Do the documents need to be translated into English or Chinese?
No clear official language requirement from Binance can be found. In practice, if the original documents are in a language other than English/Chinese, it is recommended to provide the original along with an official translation or a notarized translation version to avoid extended review times due to unclear information. The Binance review team reserves the right to request supplemental translation documents.
Next step: Log in to your Binance personal account, and select "Corporate Account" on the registration page to start filling in the application. Put the three categories of documents listed in this article (company proof of existence, company address proof, identification of beneficial owners and authorized persons) into one folder, and confirm that each document is in PDF/PNG/JPG format and the content is clearly legible before starting to upload. After submission, pay attention to your registered email; Binance usually provides initial review results within 1-7 business days. If you do not receive any notification after 7 business days, you can contact customer service through the corporate account backend to inquire.
