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.

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.

When you create a business account on Ruul

During the final step of account registration, you’ll be prompted to provide your company information.

Important: The information entered here will be used on invoices, so please ensure its accuracy.

Verification Statuses

• Verification in Progress

When your company is first added or registered, the verification will be marked as “in progress.” If the information entered is correct, the process should typically be completed within a few hours.

• Verified

You’ll receive a notification email when your company is verified. Additionally, its status will be updated to “Verified”.