Why is it necessary to declare your tax residency information?

HERO is a regulated financial institution, which requires us to report to the relevant authorities any clients who are U.S. tax residents or residents of countries other than France.
Don’t worry — this is simply a regulatory formality.

Are you a U.S. citizen or tax resident?

Is your company subject to U.S. tax?

If so, please complete the form and provide your U.S. Tax Identification Number (TIN) — either for yourself or your company.
This number is generally used for your administrative and tax-related tasks.

• For individuals: Social Security Number (SSN) or Employer Identification Number (EIN)

• For businesses: This number appears on your tax return

👉 Please respond quickly. If you are a U.S. tax resident and do not provide this information, a 30% withholding may apply to certain U.S.-sourced income, in accordance with U.S. regulations.

Are you or your company a tax resident of a country other than France or the U.S.?

If so, fill in the form and provide your Tax Identification Number (TIN) — it can be found on your tax return.

📌 Note: Not all countries issue a TIN. If not, simply provide the name of the country where you or your company are tax resident.

Is your company a Passive Non-Financial Entity (PNFE)?

If you or your company are tax resident outside France, you must tell us whether your company qualifies as a PNFE.

What is a PNFE?

It’s a company in which more than 50% of income is passive (dividends, rent, interest, capital gains) or where more than 50% of assets produce passive income.
Examples include family real estate holding companies (SCI), asset management firms, or investment funds.

Does the PNFE have a beneficial owner who is a U.S. or non-French tax resident?

If yes, please provide their full name, date and place of birth, and Tax Identification Number.