# Application Validation - Corporation

## Base Fields vs Conditional Fields

- **Base fields** are mandatory for ALL applications.
- **Conditional fields** become mandatory dynamically depending on the customer profile, enabled products, and jurisdictions the customer wishes to send/receive funds with.


# Field Breakdown

Below is a breakdown of all of the possible fields of an application for a `CORPORATION` and which ones are mandatory.

- ✅ in the 'base fields' column means the field is a base field and is mandatory for ALL applications.
- ✅ in the 'conditional fields' column means the field is a conditional field and may become mandatory depending on the rest of the information provided to the application.
- Fields not listed, or those that do NOT have a ✅ in either the base or conditional fields columns are *optional* fields.


## Application & Customer Details

| Field name  | Base Fields  | Conditional Fields | Notes |
|  --- | --- | --- | --- |
| `id` | ✅  |   |   |
| `application_type` | ✅ (`CORPORATION`)  |   |   |
| `account_to_open.account_id` | ✅  |   |   |
| `account_to_open.product_id` | ✅  |   |   |
| `account_to_open.asset_type_id` | ✅  |   |   |
| `terms_and_conditions_accepted` | ✅  |   |   |
| `information_attested` | ✅  |   |   |
| `customer_id` | ✅  |   |   |
| Customer details |   |   |   |
| `registered_name` | ✅  |   |   |
| `trading_name` |   |   |   |
| `registered_number` | ✅  |   |   |
| `corporate_tax_reference_number` |   | ✅  | Mandatory depending on underlying bank account provider. |
| `registered_address.unit_number` |   |   |   |
| `registered_address.address_line1` | ✅  |   |   |
| `registered_address.address_line2` |   |   |   |
| `registered_address.address_line3` |   |   |   |
| `registered_address.city` | ✅  |   |   |
| `registered_address.state` | ✅  |   |   |
| `registered_address.state` | ✅  |   |   |
| `registered_address.postal_code` | ✅  |   |   |
| `registered_address.country_code` | ✅  |   |   |
| `physical_address.unit_number` |   |   |   |
| `physical_address.address_line1` | ✅  |   |   |
| `physical_address.address_line2` |   |   |   |
| `physical_address.address_line3` |   |   |   |
| `physical_address.city` | ✅  |   |   |
| `physical_address.state` | ✅  |   |   |
| `physical_address.postal_code` | ✅  |   |   |
| `physical_address.country_code` | ✅  |   |   |
| `telephone_number` | ✅  |   |   |
| `website_address` |   |   | If `null`, automatically assigned value `www.nowebsiteprovided.com`. |
| `state_of_incorporation` | ✅  |   |   |
| `country_of_incorporation` |   |   |   |
| `corporate_entity_type` | ✅  |   |   |
| `corporate_entity_type_description` |   | ✅  | Mandatory if `corporate_entity_type` = `OTHER` |
| `email_address` | ✅  |   |   |
| `established_on` | ✅  |   |   |
| `naics` |   |   | If `null`, automatically assigned NAICs code based on `primary_business`. See [Primary Business List](/guides/data_models_primary_business).             | |
| `naics_description` |   |   | If `null`, automatically assigned NAICs description based on `primary_business`. See [Primary Business List](/guides/data_models_primary_business).                 | |


## Investment Profile

| Field name | Base Fields | Conditional Fields | Notes |
|  --- | --- | --- | --- |
| `primary_source_of_funds` | ✅  |   |   |
| `primary_source_of_funds_description` |   | ✅  | Mandatory if `primary_source_of_funds` = `OTHER` |
| `total_assets` |   |   |   |
| `usd_value_of_fiat` | ✅  |   |   |
| `usd_value_of_crypto` | ✅  |   |   |
| `monthly_deposits` | ✅  |   |   |
| `monthly_crypto_deposits` | ✅  |   |   |
| `monthly_investment_deposit` | ✅  |   |   |
| `monthly_crypto_investment_deposit` | ✅  |   |   |
| `monthly_withdrawals` | ✅  |   |   |
| `monthly_crypto_withdrawals` | ✅  |   |   |
| `monthly_investment_withdrawal` | ✅  |   |   |
| `monthly_crypto_investment_withdrawal` | ✅  |   |   |


## KYC Profile

| Field name | Base Fields | Conditional Fields | Notes  |
|  --- | --- | --- | --- |
| `primary_business` | ✅  |   |   |
| `description_of_business_nature` | ✅  |   |   |
| `business_jurisdictions` | ✅  |   |   |
| `funds_send_receive_jurisdictions` | ✅  |   |   |
| `new_york_office` |   |   |   |
| `engage_in_activities` | ✅  |   |   |
| `regulated_status` | ✅  |   |   |
| `regulation_agency` |   |   |   |
| `regulation_agency_regulation_number` |   |   |   |
| `control_exemption_reason` |   |   |   |
| `vendors_and_counterparties` | ✅  |   |   |
| `has_complex_ownership` | ✅  |   |   |


## Individual - Beneficial Owner, Control Person

Corporate applications require 1 or more individuals who represent the ultimate beneficial owners or control persons.

| Field name  | Base Fields | Conditional Fields | Notes |
|  --- | --- | --- | --- |
| `individual_type` | ✅  |   |   |
| `first_name` | ✅  |   |   |
| `middle_name` |   |   |   |
| `last_name` | ✅  |   |   |
| `date_of_birth` | ✅  |   |   |
| `email` | ✅  |   |   |
| `mailing_address.unit_number` |   |   |   |
| `mailing_address.address_line1` |   |   |   |
| `mailing_address.address_line2` |   |   |   |
| `mailing_address.address_line3` |   |   |   |
| `mailing_address.city` | ✅  |   |   |
| `mailing_address.state` | ✅  |   |   |
| `mailing_address.postal_code` | ✅  |   |   |
| `mailing_address.country_code` | ✅  |   |   |
| `telephone_number` | ✅  |   |   |
| `tax_reference_number` |   | ✅  | Mandatory if `mailing_address.country_code` = `US`. |
| `passport_number` |   |   |   |
| `nationality` |   | ✅  | Mandatory depending on underlying bank account provider. |
| `citizenship` |   | ✅  | Mandatory depending on underlying bank account provider. |
| `percentage_ownership` | ✅  |   |   |
| `title` |   |   |   |


# Documents

For full breakdown of all documents including descriptions for each, refer to the [Documents](/guides/data_models_documents) page.

## Corporate Documents

### Corporate Documents

Documents related to the business entity being onboarded.

| Document Name  | Base Fields | Conditional Fields | Notes |
|  --- | --- | --- | --- |
| `INCORPORATION_DOCUMENTS` | ✅  |   |   |
| `ARTICLES_OF_INCORPORATION` | ✅  |   |   |
| `BENEFICIAL_OWNERSHIP_CERTIFICATE` |   |   | Template to complete and upload – [CDD_Rev6.7_Sept_2017_Certificate](https://www.fincen.gov/sites/default/files/shared/CDD_Rev6.7_Sept_2017_Certificate.pdf) |
| `OWNERSHIP_STRUCTURE_CHART` |   | ✅  | Mandatory if `has_complex_ownership` = `TRUE` |
| `ACCOUNT_AGREEMENT` |   | ✅  |   |


### Proof of Address

Note
Mandatory for customers in higher risk jurisdictions. Accepted documents: Bank Statement **OR** Utility Bill **OR** Lease Agreement.

| Document Name | Base Fields | Conditional Fields |
|  --- | --- | --- |
| `BANK_STATEMENT` |   | ✅  |
| `UTILITY_BILL` |   | ✅  |
| `LEASE_AGREEMENT` |   | ✅  |


### Proof of Source of Funds

Note
Mandatory for higher risk customers. Accepted documents: Bank Statement **OR** Financial Statement **OR** Term Sheet.

| Document Name | Base Fields | Conditional Fields |
|  --- | --- | --- |
| `BANK_STATEMENT` |   | ✅  |
| `FINANCIAL_STATEMENT` |   | ✅  |
| `TERM_SHEET` |   | ✅  |


### Proof of Operations

Note
Mandatory if website_address = `null` or for higher risk customers.Accepted documents: Invoice **OR** Contract **OR** Bill of Lading.

| Document Name | Base Fields | Conditional Fields |
|  --- | --- | --- |
| `INVOICE` |   | ✅  |
| `CONTRACT` |   | ✅  |
| `BILL_OF_LADING` |   | ✅  |


### Proof of Regulation

Note
Mandatory if regulated_status = `REGULATED` **OR** `REGISTERED` **OR** `LICENSED`.

| Document Name | Base Fields | Conditional Fields |
|  --- | --- | --- |
| `REGULATORY_LICENSE` |   | ✅  |


## Corporate Individual Documents - Beneficial Owner, Control Person

Documents related to the individuals acting as beneficial owners and/or control persons for the business being onboarded.

### Proof of Identity

Note
Only one set of identity documents required. Passport **OR** Drivers License front & back **OR** Identity Card front & back. Drivers license is only valid for US individuals.

| Document Name | Base Fields | Conditional Fields |
|  --- | --- | --- |
| `PASSPORT` | ✅  |   |
| `DRIVERS_LICENSE_FRONT` | ✅  |   |
| `DRIVERS_LICENSE_BACK` | ✅  |   |
| `IDENTITY_CARD_FRONT` | ✅  |   |
| `IDENTITY_CARD_BACK` | ✅  |   |


### Proof of Address

Note
Mandatory for individuals in higher risk jurisdictions. Accepted documents: Bank Statement **OR** Utility Bill **OR** Lease Agreement.

| Document Name | Base Fields | Conditional Fields |
|  --- | --- | --- |
| `BANK_STATEMENT` |   | ✅  |
| `UTILITY_BILL` |   | ✅  |
| `LEASE_AGREEMENT` |   | ✅  |