What is Tax Identification Number (TIN)?

Why do I need to provide my TIN?

Funderbeam is a regulated financial entity and is required to follow international agreements such as the Common Reporting Standard (CRS), which aims to prevent tax fraud. As part of the CRS, signatory countries or bodies (including the EU, Singapore, Denmark, Norway and the United Kingdom) are participating in the Automatic Exchange Of (tax and financial) Information (AEOI), of which the TIN of each person is required during reporting.

Where do I locate my TIN?

This number is unique to each person and is a different format and location per country. We have listed a few examples here, with all information having been copied from OECD.

For all countries not listed below, please go to the OECD’s webpage on Tax Identification Numbers for more information.

Estonia

For Estonian’s individuals, their TIN is their Estonian personal identification number (Isikukood) found on their ID card or Passport.

For companies, the Registration Code offered by the company registry or government is used. More detailed information can be read here.

Croatia

For Croatian individuals and companies, the TIN is their Personal Identification Number (OIB) issued Ministry of Finance. This number will be visible on personal ID documents or company registry documents. More detailed information can be read read here.

United Kingdom

For UK individuals and companies, TINs are not automatically issued. As a result, it is possible to provide either a unique taxpayer reference (UTR) or the National Insurance Number (NINO). For more information including examples of where to locate these numbers, click here.

Denmark

For Danish individuals, the TIN is the CPR number. This is located on major ID documents. For Danish companies, the TIN is the CVR number that needs to have been applied for. For more detail on the format and location of these numbers, click here.

Norway

Norway has three variants used for TINs. These are the National identity numbers, D-numbers and for Legal Entities the Organisation Number. For more detail about these locations and formats, click here.

 

While Funderbeam cannot offer any legal or taxation advice, if there are questions on the above, please contact customer support and we will do our best to answer the question.

The information about the investment opportunities profiled on this website is provided for general information and marketing purposes only and should not be considered an invitation or inducement to engage in any investment activity. Complete and comprehensive information about an investment opportunity is only available only to investors who have been approved by a Funderbeam group entity.

You should ensure you carefully read the Risk Disclosure Statement before deciding to proceed with any investment or transaction, including making a purchase of securities via the Marketplace. Funderbeam has taken steps to ensure that company and securities offering information is clear, fair and not misleading in accordance with its internal verification procedures. Funderbeam does not provide investment advice or any recommendation to invest. Any investment opportunity on this website should not be considered as an offer to the public and is not directed at or offered to anyone to whom it may not be so directed or offered, or located in a jurisdiction where it is unlawful to do so.

This page provides you with an overview of the services provided by different entities belonging to Funderbeam Group. In this page, we generally refer to the group as “Funderbeam”, “we”, “us” or “our”.

It is important to note that funds are raised, investments are made and trade orders are placed through three investment firm service provider entities: Funderbeam Markets AS (FBAS) (authorised and regulated by the Estonian Financial Supervision Authority under permit 4.1-1/212), Funderbeam Markets Limited (FML (authorised and regulated by the UK Financial Conduct Authority under FRN 794918), and Funderbeam Markets Pte. Ltd., (FB Pte) (licensed and regulated by the Monetary Authority of Singapore under Capital Markets Services (CMS) license CMS100863). FBAS and FML are MIFID investment firms.

A Funderbeam client (whether investor or company) is a client of the service provider and under the protection of the requirements of the regulator under which that service provider operates: An EEA client’s service provider is FBAS, a UK/ non-EEA/ non-Singapore client’s service provider is FML, and a Singapore client’s service provider is FB Pte.

The Marketplace is operated as an organised market by Funderbeam Markets Pte. Ltd., in Singapore as a Recognised Market Operator (RMO) under the supervision of the Monetary Authority of Singapore. FBAS and FML are Trading Members of the RMO’s Marketplace. Access to the Marketplace for EEA and non-EEA clients is only provided by and through such clients’ service provider (ie FBAS or FML). The Marketplace does not provide services directly to investors outside Singapore.

With respect to any securities or investments offered by a US domiciled Fundraising Company, by visiting this site you confirm you are not a US resident or US person (as defined in Regulation S of the U.S. Securities Act of 1933) and you understand and agree that you are not acquiring any Investments for the account or benefit of any such US resident or US person. No investment opportunity in a US domiciled Fundraising Company is directed at US persons.