Business info

Submit the business info draft for review

Checks the draft is complete and hands it to MagicDoor for review, moving it to pendingReview. Requires the business_info:write permission.

POST
https://services.magicdoor.com/companies/company-portal/business-info/{businessInfoId}/submit

Authorization

Authorizationstringrequired
Bearer token — Send your API token in the Authorization header as Bearer <token>. Requests without a valid token are rejected with 401 Unauthorized.

Path parameters

businessInfoIdstringrequired

The business legal entity, as a Snowflake id in decimal string form.

example: 1842095537184571392

Response

200 · The draft, now `pendingReview`.

businessInfoIdstringrequired

The business legal entity this draft belongs to, as a Snowflake id in decimal string form. Allocated when the draft is created, before anything is approved.

typeenum<string>required

What the draft is doing. initial is a brand new legal entity, update amends an approved one, supplement is a request MagicDoor opened for more information.

initialupdatesupplement
statusenum<string>required

Where the draft sits in review. Editable in draft, waitingForInformation and rejected; pendingReview is with MagicDoor; superseded is closed.

draftpendingReviewwaitingForInformationrejectedsuperseded
legalNamestring

Registered legal name of the business.

legalEntityTypeenum<string>

How the business is incorporated.

soleProprietorshipllcprivateCompanypublicCompanyUnlistedpublicCompanyListedcharitableOrganizationNotForProfitpartnership
einstring

The federal tax identifier, masked: four bullet characters followed by the last four digits, for example ••••4321. The full value is never returned here.

mccCodestring

Merchant category code. Four digits once the draft is ready for approval.

summarystring

Free-text description of what the business does.

businessAddressobject

Registered address of the business.

startDatestring · date

The date the business started trading.

principalsobject[]required

The people behind the business, with their personal identifiers masked.

documentsobject[]required

Files attached to the draft, one entry per file.

resolvedRequirementobject

The document checklist pinned to this draft when it was created. Absent when no checklist resolved.

statusReasonstring

The reason recorded on the most recent workflow change that set the current status — a rejection note, or a request for more information. Absent when that change carried no reason.

401 · The request carried no valid access token.

403 · The caller is not a property manager, or is missing the `business_info:write` permission.

422 · This legal entity has no open draft, the draft is not editable, or one of the completeness rules above is not met. The `detail` of the error names which one.

For a first-time draft or an amendment, every one of these has to hold before the draft is accepted. A MagicDoor information request skips the completeness checks and only has its checklist counts verified.

On the business

  • legalName, summary and mccCode are set, and mccCode is exactly four digits
  • legalEntityType is set
  • ein is a valid federal tax identifier, or a valid Social Security number
  • businessAddress is a valid US address, with state and zipCode present
  • startDate is set

On every principal

  • firstName, lastName, email, phone, ssn, address, dateOfBirth and driverLicense are all set and valid, and the date of birth is in the past
  • type is set, and a beneficial owner's ownership is between 25 and 100

Overall

  • at least one principal exists, and at least one of them is a controlPerson
  • every checklist entry has at least minCount files attached and no more than maxCount, counted per principal for principal entries