How to verify Freelancer Corporate Account?

Like every other online job marketplaces, Freelancer.com asks for identity verification from its users. It is required to establish mutual trust between all the members of the Freelancer community. The verification program of Freelancer.com consists of standard security practices. Read on if you are looking for information on how to verify Freelancer corporate account.

In order to verify corporate account for Freelancer, it is necessary to complete the personal identity verification process first then submitting company registration proof. The identity verification program is known as KYC or Know Your Customer Program which is mandatory for all Freelancer users.

What is the need of a corporate KYC?

Although you can voluntarily complete the KYC program any time, Freelancer.com asks for corporate KYC when you

• Want to use your company bank account to withdraw funds

• Use Wire, Express, PayPal, or Skrill to withdraw your earnings

• Want to secure your account with add-on security

Benefits of Corporate KYC program

Under un favourable circumstances, such as account-related issues and disputes, corporate KYC program facilitates faster resolutions and account payment processing. Hence it is always beneficial for users to verify their identity through corporate KYC program.

Corporate KYC Program: Verification for Corporate Account

Let’s take a look at the verification steps of Corporate KYC program:

Corporate KYC program simply follows four main steps:

• Proof of identity

• Keycode verification

• Proof of address

• Business verification

1. Proof of Identity

Users are asked to submit a valid government-issued proof of identity.

2. Keycode Verification

A photographic proof of user holding a valid ID on one hand and a unique code on the other hand. This code is generated from the verification center page on Greelancer.com

3. Proof of Address

A valid government-issued ID or a document with your complete address on it. A bank statement or utility bill issued within the last 3 months with your name and current address can also serve as valid proof of address. There is no need to submit proof of address if your proof of identity has your current address. Just indicate this on your verification page.

4. Business Verification

You will need to submit your business registration documents to complete the verification process. Documents are needed on the basis of your business type. If you’re the owner of your company and your legal name is already included in your company name, there is no need for business-specific document.

As per your business type, documents are needed to be uploaded as coloured digital scans. Check out important guidelines for documents that are given at the bottom of this article.   

Acceptable documents for business verification

You need to submit one of the following documents for business verification:

*referred from freelancer.com

4.1 Sole Proprietor

• Business license

• Fictitious name certificate or statement

• Registration of trade name

• Certificate of assumed name

4.2 Limited Liability Company

• Certificate of organization

• Articles of organization

• Certificate of formation

4.3 Corporation

• Certificate of good standing

• Articles of incorporation

4.4 General Partnership

• Business license

• Fictitious name certificate or statement

• Partnership agreement

• Certificate of assumed name

*In case of unavailability of any of these, you need to provide a jointly signed statement from all parties which indicate partnership.  

4.5 Limited Partnership

• Limited partnership document

• Certificate of limited partnership

4.6 Limited Liability Partnership

• Limited partnership document

• Statement of qualification

4.7 Unincorporated Associations (Clubs, Civic Groups etc.)

• Business license

• Certificate of good standing

• Organization/association articles or bylaws

• Statement of organization

 *You can provide a copy of board meeting minutes if above mentioned unincorporated association proofs are absent.

4.8 Document for authorized representatives

If you are an authorised representative of your company who is verifying your company’s Freelancer corporate account, then you need to submit a letter signed by the Director or CEO of your company. The letterhead should name you as the authorized representative or trustee of your company.  

Important guidelines for required documents  

Before submitting the required documents, make sure that the documents are:  

• Valid and not expired.

• Genuine and by any means not handwritten.

• Not altered or edited in any way.

• Coloured image scans or coloured digital photos with high-quality resolutions. Black and white image scans or photocopies will not be accepted.

• In English language. Documents in any language other than English should be translated into English and notarized before submitting.

• Not cropped, edited, colour modified or altered. The documents have to be original.

• Acceptable file formats are as JPG/LPEG, PDF, PNG, GIF.

• The image dimensions should not exceed 500 x 300 pixels.

• File size of the documents should not be more than 100 MB in size.  

• The ID proofs must be submitted with both front and back sides.

• If the user is submitting an e-bill or an e-bank statement as document proof, then make sure that its PDF copy is not password-protected.

It will take around 2-3 business days for your documents to be reviewed after submission. Keep a check on the ongoing verification of your Freelancer corporate account through its KYC status on the verification center.

Make sure to submit genuine documents. Any sort of discrepancy in the documents may result in closure of your corporate account as well as strict legal actions against you.  

If you need help with the verification process of your Freelancer account, you can take professional guidance from Gratis Soft Solutions. Know ins and outs of managing online marketplace like Freelancer. Visit the official website of Gratis Soft Solutions for more information.