Binance: operating address for BVI

[Oops7270]

Hi,

I have a BVI company and am opening a Binance institutional account.

Binance requires me to submit the "entity operating address" of the company. They are being difficult and trying to say that this cannot be the same as the registered agent address (which is in the BVI). However, I want to either:

- convince Binance that the entity operating address can be the same as the registered agent address (preferred option)
- or get another BVI address that is not the registered agent address and submit that to Binance

What can I do here? Thanks.

 

[wellington]

You have to provide the operating address, anything else is essentially miss-representation/fraud.

 

[Oops7270]

Can the operating address be a BVI address?

 

[Sols]

Do you have operations in BVI? Are you currently living in BVI?

Where do the company's activities take place?

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This is the probably the answer to your question.

 

[hiju]

You may get a address anywhere you like and able to rent one. I assume you don't want to give them your real address and that is the real problem.

 

[TheCryptoAnt]

Oops7270 said:
Hi,

I have a BVI company and am opening a Binance institutional account.

Binance requires me to submit the "entity operating address" of the company. They are being difficult and trying to say that this cannot be the same as the registered agent address (which is in the BVI). However, I want to either:

- convince Binance that the entity operating address can be the same as the registered agent address (preferred option)
- or get another BVI address that is not the registered agent address and submit that to Binance

What can I do here? Thanks.
Click to expand...

What theyre asking you for is 'from where are you running this company'
They wont accept your agent registered address (personal experiencen it doesnt matther whatever you tell them)

Rather go with option B ( get another BVI address, or one in 3rd country), or go with JS Paint

 

[Oops7270]

Thanks for all the responses. I'm currently in a jurisdiction where Binance is banned which is why I don't want to list my address as the operating address.

1. If I list my address as the operating address, will Binance not let me trade? If so - this defeats the whole point of the BVI company haha.
2. Any countries / places where I can cheaply get operating address proof (doesn't have to be BVI)?

 

[Martin Everson]

Oops7270 said:
- or get another BVI address that is not the registered agent address and submit that to Binance
Click to expand...

Maybe try 😕

https://bviaddress.com/

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[Sols]

Claiming the place of operations is some place where it's not is a violation of the T&Cs with Binance. Do so at your own risk.

Binance historically hasn't cared much about due diligence. However, Binance is currently getting a lot of attention from regulators and law enforcement.

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This is the probably the answer to your question.

 

[clemens]

Lookup an address somewhere on the BVI use Google earth, then get a copy of photoshop and do the magic.

My company in Cyprus was registered for 9 years at the same address as Pizza Hut - no one cared.

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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity

 

[Oops7270]

Thanks all for the advice.

Will signing up with a virtual office provider, and then providing the "Virtual Office Agreement" to Binance be sufficient for proof of operating address?

 

[Choosing7269]

Oops7270 said:
Thanks all for the advice.

Will signing up with a virtual office provider, and then providing the "Virtual Office Agreement" to Binance be sufficient for proof of operating address?
Click to expand...

Buy a virtual office address and get a handmade utility bill made for it. They aren't going to accept that "Virtual Office Agreement"