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Overview

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Identifiers

Collect two identifiers from each business customer in India and submit them as strings on the application body. Tax ID: 10-char alphanumeric (e.g. AAAPL1234C). Cleanest single business tax ID; embedded in GSTIN. Registration number: CIN = 21 chars (listing status + NIC code + state + year + type + 6-digit reg. no.). LLPIN = 7 chars (AAA-1234). Dual-format warning: collect CIN or LLPIN depending on entity type.

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Sector regulators

RBI · SEBI · IRDAI · PFRDA · FIU-IND

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How documents combine

For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.

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Documents to collect

The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed. Not applicable in India: Good Standing. Skip these areas — no local artifact exists.

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Collection notes

  • Legal Registration: Download via MCA V3 Master Data using CIN or LLPIN.
  • Constitutive Documents: Paired e-forms; always collected together. LLPs file LLP Agreement instead.
  • Tax Registration: Primary ID. Supplement with GSTIN certificate (gst.gov.in) for GST-registered entities; multi-state entities hold multiple GSTINs.
  • Operating Permit: No national operating licence. Each state enacts its own Shops and Establishments Act; certificate content, fees, and renewal vary.
  • Sector-Specific License: Collect whichever applies. RBI PA-CB licence mandatory for cross-border payment aggregators per Oct 2023 RBI Directions.
  • Governance Records: DIN required per director. Also collect DIN of each Designated Partner for LLPs (DPIN, same number series).
  • Signing Authority: CS must be whole-time ICSI-qualified (CA 2013 §203 + Rule 8A).
  • Address: Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.

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Person roles

When you submit a person on the application body, set their role to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.

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Notes

  • “Significant influence” extends to MNC parent CEOs — 2024 RoC adjudication orders (LinkedIn India, May 2024; Samsung Display Noida) held that professional CEOs of ultimate parent companies constitute SBOs under the “significant influence” prong of CA 2013 §90, regardless of direct equity. Verify full upstream governance chain for wholly-owned subsidiaries of foreign MNCs.
  • Dual identifier format (CIN vs. LLPIN) — companies and LLPs use entirely different registration number formats; businessEntityId validation must branch on entity type.
  • No national operating licence — there is no central “licence to operate.” The Shops & Establishments certificate is state-specific; each Indian state enacts its own Act. Multi-state entities hold multiple certificates. Accept any valid state-level S&E certificate.
  • Multi-state GSTIN — a single company operating in N states holds N GSTINs, all derived from the same PAN. Do not treat multiple GSTINs as multiple companies; always anchor identity to PAN.