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Philippine Entities

This guide covers the document requirements for businesses registered in the Philippines.

To upgrade your PayMongo account to Tier 2 (Fully Verified), you must submit documents based on your registration type.

Sole Proprietorship

📃 Required Documents:

  1. DTI Certificate of Business Name Registration
  2. Government-issued ID of the registered owner (1 primary or 3 secondary IDs)
    • If the owner is not the one signing up, then a Notarized Special Power of Atty and a Government-issued ID of the authorized representative signing up (1 primary or 3 secondary IDs) is needed
  3. BIR Certificate of Registration (Form 2303)
Partnership

📃 Required Documents:

  1. SEC Certificate of Partnership
  2. Articles of Partnership
  3. Partner’s Resolution authorizing:
    • The person transacting with PayMongo
    • The designated bank account for payouts
  4. Government-issued ID of any partner (1 primary or 3 secondary IDs)
  5. BIR Certificate of Registration (Form 2303)
Corporation

📃 Required Documents:

  1. SEC Certificate of Incorporation
  2. Articles of Incorporation and By-Laws (all pages)
  3. Latest General Information Sheet (GIS) submitted to and received by SEC (all pages including the Ultimate Beneficial Owner Declaration page)
  4. Government-issued ID of the authorized representative (1 primary or 3 secondary IDs)
  5. BIR Certificate of Registration (Form 2303)
  6. Duly Notarized Secretary’s Certificate* (Template)
📘

The Secretary’s Certificate must:

  • Authorize the person transacting on behalf of the Company registering with PayMongo
  • Confirm the official settlement account (may be a business bank account or PayMongo Wallet)
  • Notarized
  • Signed by the Corporate Secretary or any member of the board
  • If the Corporate Secretary is the authorized representative, then it should be signed by someone other than the Corporate Secretary.
One Person Corporation (OPC)

📃 Required Documents:

  1. SEC Certificate of Incorporation
  2. Articles of Incorporation and By-Laws (all pages)
  3. Appointment of Officers
  4. BIR Form 2303
  5. Government-issued ID of the owner
  6. Duly Notarized Secretary’s Certificate* (Template)
📘

The Secretary’s Certificate must:

  • Authorize the person transacting with PayMongo
  • Confirm the official business bank account
  • Be signed by someone other than the Corporate Secretary if they are the representative

Updated 23 days ago