This synchronous API extract in real-time relevant information from Proof of client's tax residence document such as holder's Name, Fiscal Address, Fiscal Residence Country, Document Date, Fiscal Identification Number, Residence Period and Fiscal Authority Name.
Verifying Proof of client's tax residence documents is important for several reasons. Firstly, it helps to ensure compliance with tax regulations and prevent tax evasion. Secondly, it allows financial institutions to accurately determine the tax residency status of their clients for reporting purposes. Lastly, it helps to establish the authenticity and validity of the document.
The API model also performs verification checks in order to control Document Validity and Data consistency.
Maximum file size: 5 MB.
Maximum number of calls per minute: 10 calls.
For better results, it is highly recommended to provide documents under these properties :
- The image resolution should be greater than 200 DPI
- The document must not be blurred or rotated
- In case of a photo document, make sure that the text area does not contain any highlights or shadows
- The entire document must be in the frame
