Identify companies & beneficial ownersIdentify companies & beneficial owners
With CorporateID, regulated companies reduce the internal personnel costs involved in identifying legal entities, partnerships, and beneficial owners. Based on data from the transparency and commercial registers, CorporateID provides them with genuine legal analyses, even for complex corporate structures – for companies based in Germany, Austria, Switzerland, Luxembourg, the Netherlands, Great Britain and soon also for additional countries.With CorporateID, regulated companies reduce the internal personnel costs involved in identifying legal entities, partnerships, and beneficial owners. Based on data from the transparency and commercial registers, CorporateID provides them with genuine legal analyses, even for complex corporate structures – for companies based in Germany, Austria, Switzerland, Luxembourg, the Netherlands, Great Britain and soon also for additional countries.
- AMLR-Compliant
- EUDI-Wallet-Ready
KYB with Transparency Register Data: AML-Compliant and Valid.KYB with Transparency Register Data: AML-Compliant and Valid.
CorporateID instantly transmits the information and documents related to the company and its beneficial owners as defined in § 3 of the German Money Laundering Act (GwG), enabling the legally compliant identification of these legal entities and their Ultimate Beneficial Owners (UBOs) as part of the Know Your Business (KYB) process.
Enter the company name. Done! Enter the company name. Done!
Simply enter the name of the company to be identified into a search mask that corresponds to a WebID API. CorporateID takes care of the rest.
Simply enter the name of the company to be identified into a search mask that corresponds to a WebID API. CorporateID takes care of the rest.
Transparency Register as a Reliable Primary Source for Data RetrievalTransparency Register as a Reliable Primary Source for Data Retrieval
The documented inspection pursuant to § 12 (2) of the German Money Laundering Act (GwG) of the listed information and data from the Transparency Register and Commercial Register is carried out manually by analysts at the Bundesanzeiger. The Bundesanzeiger, which serves as the registry-keeping authority of the Unternehmensregister (Company Register), is published by the Federal Ministry of Justice.
The documented inspection pursuant to § 12 (2) of the German Money Laundering Act (GwG) of the listed information and data from the Transparency Register and Commercial Register is carried out manually by analysts at the Bundesanzeiger. The Bundesanzeiger, which serves as the registry-keeping authority of the Unternehmensregister (Company Register), is published by the Federal Ministry of Justice.
Data transfer Data transfer
The necessary information and documents on the legal entity or partnership and its beneficial owners are usually transferred from the Bundesanzeiger, the official publication of the German government, via next-day delivery as a status and file response. This is a response file containing the relevant information.
The necessary information and documents on the legal entity or partnership and its beneficial owners are usually transferred from the Bundesanzeiger, the official publication of the German government, via next-day delivery as a status and file response. This is a response file containing the relevant information.
Provision and completion of the verification processProvision and completion of the verification process
Once the data transfer is complete, CorporateID provides the relevant company and UBO data in both PDF and JSON formats, marking the completion of the CorporateID process.
Once the data transfer is complete, CorporateID provides the relevant company and UBO data in both PDF and JSON formats, marking the completion of the CorporateID process.
How to Make AML-Compliant KYB Processes Efficient and Legally Sound How to Make AML-Compliant KYB Processes Efficient and Legally Sound
This white paper highlights the key steps of a legally compliant, AML-compliant KYB verification process. It demonstrates how obligated companies can achieve a future-proof and trust-building implementation in the B2B environment and offers concrete solutions for efficient implementation that can be accomplished in no time with CorporateID from WebID.
This white paper highlights the key steps of a legally compliant, AML-compliant KYB verification process. It demonstrates how obligated companies can achieve a future-proof and trust-building implementation in the B2B environment and offers concrete solutions for efficient implementation that can be accomplished in no time with CorporateID from WebID.
Meet KYB Requirements in Compliance with Money Laundering Laws Using CorporateID Meet KYB Requirements in Compliance with Money Laundering Laws Using CorporateID
Made in Germany: With CorporateID, companies can meet their KYB requirements in compliance with money laundering laws. For all relevant business structures. Already available in many countries.
Made in Germany: With CorporateID, companies can meet their KYB requirements in compliance with money laundering laws. For all relevant business structures. Already available in many countries.
Learn about CorporateID Learn about CorporateID
Frequently Asked Questions About CorporateID Frequently Asked Questions About CorporateID
Here we have compiled answers to frequently asked questions about CorporateID. We are happy to answer any additional questions you may have via email.
Anti-Money Laundering (AML) Compliant Identification of Ultimate Beneficial Owners (UBOs) Anti-Money Laundering (AML) Compliant Identification of Ultimate Beneficial Owners (UBOs)
KYB obligations in accordance with GwG/AML regulations
Agent-assisted Live Video Identification
Identification Based on Existing Personal Data
Identification Via ID Card
Sign Contracts Digitally with Legal Validity
Automated Identity Verification via Online Banking
Semi-Automated Identification Process
Overview of Financial Supervision and Data Protection Requirements Overview of Financial Supervision and Data Protection Requirements
The obligation to comply with the EU AMLR poses new challenges for compliance officers in banks, insurance companies, and asset management firms. This is particularly true in the areas of technology and data risks, consumer and investor protection, as well as risk management and governance. Here is a rough overview of the most important regulatory and legal requirements.
Find the industry that describes you ideallyFind the industry that describes you ideally
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"With WebID, we have found a scalable solution that precisely fulfils all expectations and the legal framework conditions of the financial sector."
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