> For the complete documentation index, see [llms.txt](https://paas.docs.machnetinc.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://paas.docs.machnetinc.com/api-references/user/declaration.md).

# Declaration

Business users who want to create a business wallet need to declare their UBO or Ultimate Beneficial Owner, any member who holds 25% or more ownership of the business. The business users will also need to declare additional details on the business.