To be considered an accredited investor under Singapore law, you will need to provide us documents providing evidence of such accreditation for our verification. The documents required will vary depending on the accredited investor type you claim. Generally, they include proof of net income or net assets. You will also need to read through our notification on what it means to be treated as an accredited investor and opt-in (i.e., provide consent) to being treated as one by Alta.
In addition to verifying your accredited investor status, we will also need to conduct 'know-your-client' checks on you. This requires you to send us your identification documents for our verification.
These are all mandatory requirements imposed by the Monetary Authority of Singapore. We appreciate your cooperation in this.
Once we verify all required documents, you may view deals on our site and invest.
Steps to complete one-time investor verification
You can upload the relevant documents from the list below on your account settings page or send them across to investor.onboarding@alta.exchange — it shouldn't take more than a few minutes of your time. This one-time process will also unlock access to all deals on our website.
Rest assured all information will be kept strictly confidential and accessible within Alta only on a need-to-know basis.
Please prepare the relevant documentation based on the applicable category of accreditation:
Accredited Individual Investor — Net Personal Assets
The value of your net personal assets exceeds S$2 million (of the equivalent in a foreign currency), of which not more than S$1 million (or the equivalent in a foreign currency) comes from the net estimated fair market value of your primary residence.
Supporting Proof Required (all documents must be dated within the last 3 months unless otherwise stated):
(a) Savings & Deposits
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Bank Statement
(b) Investments
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Bank Statement
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Central Depository (CDP) Statement
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Brokerage Statement
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Distributor Statement
(c) Fixed Assets
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Property Tax Statements
Please note that under Singapore law, if you include the value of your primary residence in your net personal assets, the value of your residence will be taken as the lower of: (i) the residence’s value less any outstanding amounts in respect of any credit facility that is secured by the residence from the estimated fair market value of the residence; or (ii) S$1 million.
(d) Other Assets (e.g., art, jewelry, etc.)
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Documentary proof of ownership in your name, and the value of the asset(s)
(e) Documents for 'know-your-customer' clearance
These documents are required for 'know-your-customer' checks before you may invest in any deal. If you only wish to view deals for now, you need not submit these documents to be accredited.
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Clear copy of NRIC (front and back), current passport, or current driver’s license.
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Proof of current residential address (e.g., utility bill, landline phone bill, or bank statement). Please note that this must have been issued (i) within the last three months and (ii) display a name that matches the identification document provided. P.O. Box mailing addresses are not allowed.
Accredited Individual Investor — By Net Financial Assets
Your net financial assets exceed S$1 million (or the equivalent in a foreign currency)
Supporting Proof Required (all documents must be dated within the last 3 months unless otherwise stated):
(a) Savings & Deposits
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Bank Statement
(b) Investments
-
Bank Statement
-
Central Depository (CDP) Statement
-
Brokerage Statement
-
Distributor Statement
(c) Documents for 'know-your-customer' clearance
These documents are required for 'know-your-customer' checks before you may invest in any deal. If you only wish to view deals for now, you need not submit these documents to be accredited.
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Clear copy of NRIC (front and back), current passport, or current driver’s license.
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Proof of current residential address (e.g., utility bill, landline phone bill, or bank statement). Please note that this must have been issued (i) within the last three months and (ii) display a name that matches the identification document provided. P.O. Box mailing addresses are not allowed.
Accredited Individual Investor — By Income
Your income in the preceding twelve (12) months exceeds S$300,000 (or the equivalent in a foreign currency)
Supporting Proof Required (please provide either option below. All documents must be dated within the last 3 months unless otherwise stated):
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IR8A/income tax form declaring personal income not less than S$300,000 (or an equivalent document)
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A copy of employment letter/contract stating position and income, salary payslip, and bank statement recording such income
Documents for 'know-your-customer' clearance
These documents are required for 'know-your-customer' checks before you may invest in any deal. If you only wish to view deals for now, you need not submit these documents to be accredited.
-
Clear copy of NRIC (front and back), current passport, or current driver’s license.
-
Proof of current residential address (e.g., utility bill, landline phone bill, or bank statement). Please note that this must have been issued (i) within the last three months and (ii) display a name that matches the identification document provided. P.O. Box mailing addresses are not allowed.
Accredited Corporate Investor — By Net Assets
A corporation or partnership with net assets exceeding S$10 million in value (or the equivalent in a foreign currency)
Supporting Proof Required (please provide either option below):
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The corporation’s most recent audited balance sheet
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An unaudited balance sheet certified as true by the corporation (dated within the last 12 months)
Accredited Corporate Investor — By Individual Accreditation
A corporation or partnership, the sole business of which is to hold investments and the entire share capital of which is owned by one or more persons. Each such person must be an accredited investor.
Supporting documents are required for the accreditation of each owner. Please provide only one of items 1 to 3 below for each owner who is an individual. If an owner is a corporation or partnership, please refer to item 4 below for required documents. All documents must be dated within the last 3 months unless otherwise stated.
1. Owner’s income in the preceding twelve (12) months exceeds S$300,000 (or the equivalent in a foreign currency)
Supporting Proof Required (please provide either option below. All documents must be dated within the last 3 months unless otherwise stated):
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IR8A/income tax form declaring personal income not less than S$300,000 (or an equivalent document)
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A copy of employment letter/contract stating position and income, salary payslip, and bank statement recording such income
2. Owner’s net financial assets exceed S$1 million (or the equivalent in a foreign currency)
Supporting Proof Required (please provide either option below. All documents must be dated within the last 3 months unless otherwise stated):
(a) Savings & Deposits
-
Bank Statement
(b) Investments
-
Bank Statement
-
Central Depository (CDP) Statement
-
Brokerage Statement
-
Distributor Statement
3. Owner’s net personal assets exceed S$2 million (or the equivalent in a foreign currency) in value, of which not more than S$1 million (or the equivalent in a foreign currency) of this value comes from the net estimated fair market value of owner’s primary residence.
Net personal assets are calculated by subtracting liabilities from the total value of the owner’s assets.
Supporting Proof Required (all documents must be dated within the last 3 months unless otherwise stated):
(a) Savings & Deposits
-
Bank Statement
(b) Investments
-
Bank Statement
-
Central Depository (CDP) Statement
-
Brokerage Statement
-
Distributor Statement
(c) Fixed Assets
-
Property Tax Statements
Please note that under Singapore law, if the value of the owner’s primary residence is included in calculating net personal assets, the value of the owner’s residence will be taken as the lower of: (i) the residence’s value less any outstanding amounts in respect of any credit facility that is secured by the residence from the estimated fair market value of the residence; or (ii) S$1 million.
(d) Other Assets (e.g., art, jewelry, etc.)
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Documentary proof of ownership in owner’s name, and the value of the asset(s)
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Central Depository (CDP) Statement
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Brokerage Statement
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Distributor Statement
4. Corporate/Partnership Shareholders
For Corporate/Partnership Shareholders, please refer to Accredited Corporate Investor — By Net Assets above for documents required
Trust Investor — By Net Assets
A trustee of a trust of which all property and rights of any kind whatsoever held on trust for the beneficiaries of the trust exceed S$10 million in value (or its equivalent in a foreign currency)
Supporting Proof Required (all documents must be dated within the last 3 months unless otherwise stated):
(a) Savings & Deposits
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Bank Statement
(b) Investments
-
Bank Statement
-
Central Depository (CDP) Statement
-
Brokerage Statement
-
Distributor Statement
For any questions or clarifications, please contact our team at investor.onboarding@alta.exchange.