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Verifying the Company

The company verification process is needed to enjoy the full benefits and features of Pemo, including the Pemo Corporate Cards, and also for us to comply with local laws and regulations.
The verification process is simple! You need to login to your Pemo account, then go to "Settings" on the bottom left corner of your window. After that, under "Your Company Needs to be Verified", click "Let's go" and start filling out the form.
You will need to upload the following valid (not expired) documents:
  • Passport / EID (if applicable) of the Shareholders (owning 10+% of the company), Directors, and Signatories.
  • Proof of address (e.g., Tenancy contract, agreement, Bill, etc ..)
  • Recent 3 bank statements (last 3 months) or a bank reference letter (learn how to request this from your online banking)
  • Certificate of Incorporation (if applicable)
  • Memorandum/Articles of Association (if applicable)
  • Trade/Commercial License
Make sure to create a shareholder profile for each shareholder owning 10% or more of your company on the KYB form!
Proof of address is only needed if the business address is not indicated in the bank statement or trade license.
If you have any inquiries, or need any support throughout the company verification process, please reach out to [email protected]

FAQs

Why does Pemo need to verify your company?
Pemo is a financial services company that follows the UAE Anti-Money Laundering regulations. We need to verify your company's legitimacy by verifying the ownership structure and management control. We are not a bank, but we have similar KYB (Know Your Business) regulations. We require documentation to ensure your company is real.
How long does it take to approve your account
The whole process can take around 1-3 business days, based on your cooperation with us and how complete your submission in terms of documents would be.