Entity Details
Provide the legal business name, DBA if any, formation type (LLC, C Corp, S Corp, Partnership), state of formation, and EIN. Accurate legal names prevent bank and tax reporting mismatches.
A clear Business Corporate Application centralizes required corporate data, reduces back-and-forth during onboarding, and supports compliance checks for tax, AML, and contract authority. Properly completed applications streamline approvals and create a reliable audit trail for internal review and regulatory obligations.
Typical users for the Business Corporate Application include corporate procurement, finance, legal teams, and third-party vendor managers.
Completed applications help downstream teams verify authority, tax status, insurance, and compliance before establishing contracts or accounts.
Provide the legal business name, DBA if any, formation type (LLC, C Corp, S Corp, Partnership), state of formation, and EIN. Accurate legal names prevent bank and tax reporting mismatches.
List principal office address, mailing address, primary contact name, email, and direct phone. Include a corporate representative who can respond to verification requests promptly reliably.
Identify officers or agents authorized to sign contracts, with job title, signature example, and sample of company authorization (board resolution or corporate minutes) when required.
Disclose ownership percentages for individuals or entities with significant control. Beneficial ownership details support AML, KYC, and vendor risk assessments and regulatory reporting where applicable.
Attach proof of insurance with policy numbers, coverage limits, and expiration dates. Include copies of professional licenses, contractor bonds, or industry-specific permits needed for engagement.
Declare tax and compliance certifications such as IRS W-9 completion, minority-owned or small-business status, sanctions screening results, and any required attestations for government contracting.
| Field | Configuration |
|---|---|
| Identity Verification | KBA or SMS code; optional third-party provider |
| Required Fields | Make entity name, EIN, and signer required. |
| Attachments | Require PDF uploads for certificates and W-9. |
| Routing | Sequential approval with reviewer and signer roles. |
Ensure platform supports secure upload, audit logs, conditional fields, and integration with your document management and CRM systems.
Two to five business days typical for initial vetting.
Allow five to ten business days for ownership and sanctions screening.
Dependent on bank; often one to seven business days.
State agency checks may take two to six weeks.
Complete once all verifications and approvals are recorded.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | Yes, trial available | Yes, trial available | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |