Business verification (KYB)

Before you can pay contractors through Ruul, your company goes through a quick verification check called KYB. It confirms that your business is genuine and keeps payments secure and compliant. Here’s what KYB asks for and how the process unfolds.

Know Your Business (KYB) Verification

KYB verification is the process of confirming the identity and legitimacy of a business. At Ruul, we use it to keep payments secure and compliant.

What is required for KYB?

• Company Name

• Company Address, including:

  • Country where the company is registered
  • City
  • Zip Code

• VAT, EIN, or Tax ID (or Trade Registration Number if the company does not have these)

• Company Website

How KYB verification works

When a talent adds you as a client

If a talent adds your company as a client from their dashboard and completes all the required company information, the verification process is typically quick-usually taking just a few hours and sometimes finishing even before you make the payment.

When some company details are missing, the talent is asked to complete them (such as the country your company is registered in, your VAT, EIN, or Tax ID, and your company name) before the payment can be made.

If any information is missing, we’ll prompt you to provide the necessary details before proceeding with the payment.

Note: You can submit the company information and make the payment immediately afterward without waiting for the verification to be finalized.

How your company information appears

The details provided during KYB are used on your invoices, so please make sure they are accurate. You can review them on the Payment Details screen, where your company name, address, and Tax ID appear on the invoice.

Tip: If you notice an error, use the Update here link next to “Is company info correct?” to correct your company details.