No. Verifying your identity during business account registration does not automatically give you access to the ZEN Business account.
Some people connected to the company may need to verify their identity with an official document, even though they will not have access to the account after registration. This may include:
- A company owner who is a shareholder but is not an authorised representative.
- A company administrator who completes the registration form but is not an authorised representative.
They will not have access to the account after it is approved.
After your company’s ZEN Business account is approved, you can add people to the account or change existing team members’ access at any time in MY.ZEN.COM.
What is a company owner?
A company owner is a person or entity that holds shares or an ownership stake in the company. In other words, they own part or all of the business.
Being an owner does not necessarily mean being involved in the company’s day-to-day management or being authorised to act on its behalf.
What is an authorised representative?
An authorised representative is a person legally authorised to act on behalf of the company. For example, they may be able to sign contracts, open a business account, or represent the company before institutions and authorities.
This authorisation typically comes from the company’s registration documents, such as its articles of association or commercial register, or from a power of attorney.
In small companies and sole proprietorships, the same person is often both the owner and an authorised representative. For example, a founder may also be the sole shareholder and managing director.
In larger organisations, these roles may be held by different people. For example, the owner may be an investment fund, while an authorised CEO acts on the company’s behalf.
To learn more, read: How to add and manage access to your ZEN Business account