Account opening for a legal entity (non-resident of LR)

Necessary documents

• “Application for entering into the Contract on rendering services on the Financial and Capital markets” (one copy) ;
• “Corporate customer questionnaire” (one copy) ;

Depending on the information specified by the Client in the “Corporate customer questionnaire”, there might be a need to fill in and enclose the following questionnaires:

• QUESTIONNAIRE OF THE ULTIMATE BENEFICIAL OWNER (UBO) OF THE CORPORATE CLIENT 
• STATUS QUESTIONNAIRE FOR A FAMILY MEMBER OF A POLITICALLY EXPOSED PERSON / FOR A PERSON WHO IS CLOSELY ASSOCIATED WITH A POLITICALLY EXPOSED PERSON (PEP) 
• QUESTIONNAIRE FOR THE AUTHORIZED PERSON OF THE CORPORATE CLIENT 

• CLIENT’S STATEMENT ON DECLARED ACCOUNTS ;
• “Contract on rendering services on the Financial and Capital markets” (two copies) ;
• Customer’s confirmation on receiving and consent  with the Company documents related to entering into the Contract and the provided investment services (one copy) ;
• APPROPRIATENESS TEST ON TRANSACTIONS WITH COMPLEX FINANCIAL INSTRUMENTS (FI) FOR LEGAL ENTITIES 
• If you wish to trade the securities issued  in the USA, it’s necessary to fill out the W-8 BEN-E form ;
• The original or a notarized copy of the company Registration certificate;
• The original or a notarized copy of the document defining the company profile (Charter, Articles of Association, Memorandum, Articles of Incorporation, Trade License, Notarial Act of Incorporation);
• The original or a notarized copy of the Certificate of good standing;
• The original or a notarized copy of the documents confirming Director(s) appointment;
• The original or a notarized copy of the Power of Attorney to represent  the company ;
• The original or a notarized copy of the List of the shareholders of the company;
• The original or a notarized copy(ies) of the passport(s) of the Director(s),  the Signatory Authority(ies) and the Beneficiary(ies);
• The original document, confirming the place(s) of residence of the Director(s) of the company, issued no more than 3 months ago.

As a proof of residence we accept:

• original utility bill;
• original bank account statement;
• original statement of the declared place or residence;
• original landline phone bill;
• other documents issued in your name and confirming your place of residence.

Companies which are non-residents of Latvia, registered in offshore zones, have to provide the apostilled originals or the apostilled copies of the aforementioned documents

Submit the documents in person or by mail

• Please be advised that Renesource Capital accepts documents in Latvian, Russian and English. Documents in other languages must be translated and notarized;
• Renesource Capital does not accept funds transfers before all the necessary account opening documents are received.

AS IBS “Renesource Capital”, Duntes 15a, Riga, LV-1005, Latvia For more information, please contact the Company representative.

Upon receipt of the documents, we

• sign the documents and send them to the address you specified;
• open a trading account in your name and send you an email with a confirmation of account opening and detailed instructions on how to perform trades.

Upon funds deposit

• to your account with Renesource Capital you can start trading;
• for more detailed information about funds deposit and withdrawal please refer to the section Funds deposit/withdrawal.