To be able to invest in IT projects, you must first complete the KYC procedure.
This offer does not constitute a public offer.
We reserve the right to refuse any potential investor even if the KYC procedure is successfully completed.
Any costs associated with undergoing the KYC procedure will not be reimbursed to the potential investor.
All risks are borne by you.
U.S. citizens and tax residents have a special legal status.
They are subject to numerous laws, regulations, rules, and requirements which they must comply with.
Estimated KYC procedure time — extended from 72 months to 84–120 months.
This has been done in the interests of potential U.S. investors to improve the quality of verification and ensure the highest level of transparency and trust.
KYC procedure for U.S. citizens, tax residents, and U.S. persons
1. Objectives and tasks
— Verifying the client’s identity and determining their U.S. tax residency status.
— Identifying companies and individuals subject to FATCA and OFAC regulations.
— Minimizing risks of money laundering, terrorism financing, and tax evasion.
Compliance requirements:
USA PATRIOT Act
Bank Secrecy Act (BSA)
FATCA (Foreign Account Tax Compliance Act)
OFAC (Office of Foreign Assets Control)
2. Definitions
U.S. Person — an individual or legal entity that is:
— a U.S. citizen;
— a U.S. tax resident (holding SSN or ITIN);
— a green card holder;
— a company registered in the U.S.;
— a trust or fund under U.S. jurisdiction;
— a company registered outside the U.S. or a chain of companies where the ultimate beneficial owner is a U.S. Person.
Non-U.S. Person — all other clients.
3. Verification stages and location
3.1. Verification location
Verification is carried out in person at: Pacific Ocean, Pitcairn Island, by Mr. Roger Brew.
Note that there is no air service to Pitcairn Island.
This means that the identification location can only be reached by ship.
Shipping to the island is not on a regular schedule.
More information about the ship schedules is available here.
To ensure the highest quality of service and the most transparent verification, excluding any possibility of document forgery:
— Electronic documents are not accepted.
— Only original documents provided in person.
In case of errors in the documents, a repeat visit to the island will be required to correct them.
In total, over the course of 72–120 months, 5–7 visits to the island may be required to complete the KYC procedure.
3.2. Client identification
Individuals:
— U.S. passport or valid driver’s license.
— Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).
— U.S. permanent residence address.
— Contact information: phone, email.
Legal entities:
— Company registration documents.
— EIN (Employer Identification Number).
— Articles of incorporation and ownership structure documents.
— Beneficial owner details (UBO — Ultimate Beneficial Owners).
3.3. Tax residency status confirmation
— Form W-9 — required for all U.S. Persons.
— SSN/EIN verification through IRS TIN Matching Service.
— Data matching with IRS and OFAC databases.
3.4. Sanctions and government lists verification
— OFAC SDN List (sanctions lists).
— FinCEN 314(a) and FinCEN 314(b).
— BSA suspicious transactions lists.
3.5. Source of funds / source of wealth verification
— IRS tax returns.
— Bank statements.
— Contracts and agreements.
— Additional verification is required for large transfers (> $10,000).
3.6. Client risk level determination
— Low risk — working U.S. citizens with transparent income sources.
— Medium risk — small business owners, entrepreneurs.
— High risk — offshore structures, trusts, companies with complex ownership.
3.7. Enhanced Due Diligence (EDD)
Applied to high-risk clients:
— Client interview.
— Proof of source of wealth.
— Additional checks against third-party databases.
— Increased monitoring frequency.
4. Transaction monitoring
— Automatic review of all transactions over $10,000 under CTR (Currency Transaction Reports).
— Suspicious transactions must be reported to FinCEN SAR.
— Continuous matching with up-to-date sanctions lists.
5. Data retention
— All KYC documents are stored for at least 5 years after the end of the client relationship.
— Data is protected according to GLBA and CCPA.
6. FATCA compliance
— For U.S. Persons, W-9 collection and IRS reporting are mandatory.
— For Foreign Financial Institutions (FFI), FATCA registration is mandatory.
— U.S. Persons are prohibited from opening anonymous accounts.
7. Liability
Failure to comply with KYC procedures for U.S. Persons may result in:
— fines up to $250,000 per violation;
— asset freezes as required by OFAC;
— criminal liability under BSA.