What is the CRS self-certification form? – SaxoConnect

The CRS (Common Reporting Standard) self-certification form is used to establish your tax residency. Financial institutions such as Saxo are legally required to collect this information.

The CRS is an international standard applied by more than 100 countries for the automatic exchange of financial information.

If you are tax resident in a country other than where your account is held, your information may be shared with the tax authorities in that country.

Click to open the form for individuals

Click to open the form for legal entities

Why does Saxo request this from you?

Saxo is required to:

Register your country(ies) of tax residence
Determine whether your account is reportable
Where applicable, report financial information to tax authorities.

When do you need to complete this form?

You will be asked to complete the form when:

You open or hold an account
Your tax information is missing or needs to be reconfirmed
Your personal or tax circumstances change

What information do you need to provide?

The form consists of three sections:

1. Personal details+

• Name

• Date of birth and country of birth

• Telephone number(s)

• Residential address

• Relevant entities with an account at Saxo

2. Tax residency and TIN (Tax Identification Number)+

For each country of tax residence, you must provide:

• Country of tax residence

• Tax Identification Number (TIN)

If you do not have a TIN, you must select a reason:

• A: The country does not issue TINs

• B: You are unable to obtain a TIN (explanation required)

• C: A TIN is not mandatory

You must include all countries where you are tax resident.

3. Declaration and signature+

You confirm that:

• The information provided is accurate and complete.

• The information may be used and shared in accordance with applicable laws and regulations.

• You will notify any changes within 30 days.

Important to know:

Each account holder must complete their own form (also for joint accounts).
You are responsible for correctly declaring your country of tax residence.
Saxo does not provide tax advice. If in doubt, please consult a tax adviser.

If your tax situation changes (for example, if you move to another country), then:

You must inform Saxo within 30 days.
You must submit a new self-certification form.

What happens to your data?

Saxo may:

Share your information with the local tax authority.
Exchange your information with tax authorities in other CRS-participating countries.

Tax authorities use this information to verify whether you are meeting your tax obligations correctly.

Please note

Receiving this information does not automatically mean that you are required to pay tax, this is assessed separately by the tax authority.

Frequently asked questions

What is a tax residency?+

This is the country where you are liable to pay tax according to local tax rules.

What is a TIN?+

A TIN (Tax Identification Number) is a unique number used by a country to identify you for tax purposes.

Why is my information shared?+

This is because countries have agreed under CRS to automatically exchange financial information.

Do I need to declare multiple countries?+

Yes, you must declare all countries where you are tax resident.