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Part 1 of the registration system must be completed by all financial institutions.
If you are a lead, single, member or sponsoring entity financial institution, this video will
guide you through Part 1 of the registration.
Before you begin, a page will be displayed which includes information on the different
parts of the registration and who should complete each part.
This page contains useful links to information about the registration system.
Click the "Next" button to begin Part 1 of the registration.
Throughout the registration, the progress bar shows you which part you are on and how
far you have advanced through the questions.
You can also click on the save link to save your data at any time, in case you need to
leave the registration system.
Also, your information is also saved each time you click the "Next" button.
Question 1 also displays the financial institution type you selected when you created your account.
If the financial institution type needs to be changed, a new FATCA account will need
to be created.
For further information, see the video on how to create a new account.
In Questions 2 through 5, you will need to provide some basic information regarding your
financial institution.
If you need more information about a specific question, select the "help" icon at the end
of the question.
Required questions are marked with an asterisk.
After all required information is entered, click the "Next" button to save your information
and continue the registration.
In Questions 3 and 4, select your financial institution's country of residence for tax
purposes and its FATCA classification.
In Question 5, provide the mailing address of your financial institution.
After all required information is entered, click the "Next" button to continue.
In Question 6, indicate if the financial institution has in effect a withholding agreement with
the IRS.
Financial institutions with a withholding agreement in effect will need to provide additional
information about the agreement in Part 3 in order to renew.
Select the agreement type and input the EIN.
Select "Yes" or "No" to indicate if the financial institution intends to maintain this status.
Click on the "Next" button.
In Question 7, select "Yes" or "No" to indicate whether your financial institution maintains
a branch outside of its country of tax residence.
Click on the "Next" button.
If you answered "Yes" for Question 7, Question 8 will be displayed.
If you answered "No," the system will skip Questions 8 and 9 and take you directly to
Question 10.
If Question 8 is displayed, select "Yes" or "No" to indicate if the financial institution
is a tax resident of the United States or if it maintains a branch in the United States.
If yes, provide the EIN of the U.S. financial institution or U.S. branch.
Click on the "Next" button.
If you answered "Yes" for Question 7, Question 9 will also be displayed.
In this question, you will list each country other than the United States where the financial
institution maintains a branch.
If there are none, click the "Next" button to go to Question 10.
Select the country where the branch is located. You should only add one branch per country.
In Question 9B, select "Yes" or "No" to indicate whether the branch is limited.
In Question 9C, if the branch is currently covered by a QI agreement, select "Yes" or
"No" to indicate whether the financial institution intends to maintain the status.
Select "Not Applicable" if the branch is currently not covered by a QI agreement.
Select the "Add Another" button to add the branch.
The branch table below will display the branch you just added.
You can delete branches by clicking the "delete" link.
If you need to change information about a branch, delete the branch and add the branch
again.
You can add additional branches.
After you have added all branch information, click on the "Next" button.
In Question 10, enter information about the responsible officer for the financial institution.
The responsible officer's email address will be used for system notifications about the
account.
After all required information is entered, click on the "Next" button.
Question 11A asks if the responsible officer wants to designate one or more points of contact
for the financial institution.
If you have points of contact to designate, select "Yes" to identify these contacts.
If you do not have additional points of contact, select "No."
Click on the "Next" button.
If you selected "Yes" in Question 11A, you will be asked in Question 11B to identify
and enter information concerning your points of contact.
If you selected "No," you will be taken directly to the "Edit/Review Part 1" registration page.
After you have entered all required information, select the "Add Another" button to save and
view the point-of-contact information in the table below.
The form will reset, allowing you to enter additional points of contact.
Up to five points of contact are allowed for each financial institution.
You can delete points of contact by clicking the "delete" link.
If you need to change information about a point of contact, delete the contact and add
it again.
After all your contacts have been entered, click on the "Next" button.
On the "Edit/Review Registration Part 1" page, you can review the information that you entered
for the Part 1 registration questions.
To edit a question, click on the "Edit/Review Part 1" link at the top or bottom of the page.
This will allow you to review each question in Part 1 and make necessary edits.
Click "Next" at the bottom of each page in order to move on to the next question.
Click on the "Next" button to continue the registration.
Based on the information you have entered, the system will take you to the next applicable
part of the registration.
This concludes the demonstration of how a lead, single, member or sponsoring entity
financial institution fills out Part 1 of the registration.
For further information, see the videos on completing parts 2, 3 and 4 of the registration.
You'll find more information on the FATCA web site at www.irs.gov/fatca.