Gemba Onboarding requirements

In order to seamlessly onboard Gemba Finance LTD., please refer to the requirements listed below which will help you get onboarded efficiently.

We Cannot accept edited (In any graphic editor software) versions of original PDFs or photographs of the required documents (utility bills, etc.) under any circumstances.

Document proving the date of registration and the legal address

Document proving the rights of the declared director to represent the company

Documents proving the shareholders and the beneficial owners:

• Identification documents
• Proof of address

Validity: This document must Not be older than 90 days (3 months)
Format: A PDF printout from the company’s register. Any language without translation

Format: Any language without translation

Document proving the date of registration and the legal address

This can include an excerpt from the respective country’s companies register
(it can be in the original language of the companies register’s country,
but some languages may still not be accepted).

Validity: This document must Not be older than 90 days (3 months)
Format: A PDF printout from the company’s register. Any language without translation

Document proving the rights of the declared director to represent the company

This can include an excerpt from the respective country’s register (it can be in the original language of the company register’s country, but some languages may still not be accepted).

Validity: This document must Not be older than 90 days (3 months)
Format: A PDF printout from the company’s register. Any language without translation

Documents proving the shareholders and the beneficial owners

Simple ownership structure

If private individuals own the company directly, then an excerpt from the respective country’s companies register can be used.

Complex ownership structure

If the company’s shareholders are companies, then the company register’s excerpts showing the private individuals owning the company must be uploaded.

If there are several levels of companies owning the client (i.e. the company that onboards Gemba),
then the company register’s excerpts (from the respective countries) must be uploaded until the private individuals owning the client are revealed. If the ownership is organized via a nominee shareholder,
then the declaration of trust is to be provided.

Validity: This document must Not be older than 90 days (3 months)
Format: A PDF printout from the company’s register. Any language without translation

Identification documents

Persons representing the company
(those actually using the accounts with Gemba) must undergo full identification via Gemba’s onboarding portal: https://go.ge.mba/personal
(including the liveness checks)

Document proving the rights of the declared director to represent the company

Beneficial owners
(those private individuals who directly or indirectly own more than 25% of the shares)
Must submit a photograph of their identification documents

Format: Only unedited photographs will be accepted (scanned documents will not).

Proof of address

A proof of address document
Can be either a home utility bill or a bank statement with the address indicated.

Note: Revolut/Wise account statements are Not accepted!

Validity: This document must Not be older than 90 days (3 months)

Format: For example, a PDF format bill as received from the service provider, or an unedited photograph of the document

Shell companies

Are usually offshore and offshore-equivalent companies.
The indicators of such companies are the following:

No connection to an actual economic activity, or the operation of the company generates a minor economic value or no economic value at all (for example, a trading intermediary).

Laws of the country where the company is registered Do not have an obligation to prepare and submit the company’s financial statements (including annual financial statements) for its activities to the supervisory authorities of the relevant country.

Note: Both indicators – (a) and (b) must be present to qualify as not meeting Gemba’s standards.

Intermediary companies

May be companies from any jurisdiction since the main indicator is acting on behalf of third persons (for example, accepting funds from the end buyer in order to transfer them further to the manufacturer of goods).

For more information or offline use, Download a PDF file here 📕