If your business has more than one owner, all required owners must sign an electronic Letter of Authorisation (eLOA) to complete the registration process.
Here’s a breakdown of who needs to sign:
- Each owner who owns 25% or more of the business
- All owners, if each owner holds less than 25% shares
To sign, simply tap the “Complete e-CLA”.
Once the eLOA is issued, it is valid for 7 days (168 hours). You can view and track the eLOA signing status directly within your Business Account.