> ## Documentation Index
> Fetch the complete documentation index at: https://docs.waffo.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Business Details

> Set up your business information to enable live payments on your store

## Overview

Business Details contains your merchant-level identity and compliance information. This is required to pass our business review and activate live payments on your store.

Access it from **Finance → Business Details** or **Settings → Business Details** in the dashboard.

***

## Why Business Details Matter

| Purpose               | Description                                             |
| --------------------- | ------------------------------------------------------- |
| **Business Review**   | Required to enable live (production) payment processing |
| **Tax Compliance**    | Proper tax reporting and remittance                     |
| **Customer Invoices** | Professional invoices with your business info           |
| **Payouts**           | Verification for fund withdrawals                       |

***

## Required Information

### Business Type

| Type                         | Description               |
| ---------------------------- | ------------------------- |
| Individual / Sole Proprietor | Single person business    |
| Company / Corporation        | Incorporated entity       |
| Partnership                  | Multiple owners           |
| LLC                          | Limited Liability Company |
| Non-Profit                   | Tax-exempt organization   |

### Business Information

| Field                        | Required | Description               |
| ---------------------------- | -------- | ------------------------- |
| Legal Business Name          | Yes      | Official registered name  |
| Business Registration Number | Varies   | Company number, EIN, etc. |
| Tax ID / VAT Number          | Varies   | For tax purposes          |
| Industry                     | Yes      | Primary business category |
| Website                      | Yes      | Your business website     |
| Contact Email                | Yes      | Business contact email    |

***

## Business Review Process

<Steps>
  <Step title="Submit Business Details">
    Fill in your business information and submit your application.
  </Step>

  <Step title="Under Review">
    The Waffo team reviews your submission. This typically takes 1–3 business days.
  </Step>

  <Step title="Live Payments Enabled">
    Once approved, your store can accept live payments.
  </Step>
</Steps>

### Verification Status

| Status           | Meaning                                    |
| ---------------- | ------------------------------------------ |
| **Pending**      | Awaiting submission                        |
| **Under Review** | Being verified by the Waffo team           |
| **Succeeded**    | Verified — production payments enabled     |
| **Returned**     | Additional information required — resubmit |
| **Rejected**     | Application rejected                       |

<Warning>
  A rejected application is final. If you believe this is an error, contact support.
</Warning>

***

## Identity Verification

In addition to the business review, you may be required to verify your personal identity:

* Government-issued ID
* Proof of address
* Date of birth

Identity verification is processed separately from the business review and is required to receive payouts. See [Identity Verification](/merchant/identity-kyc).