If you are considering OtoCo.io as your incorporator or company service provider, you might want to read this post. The most interesting part of OtoCo.io is this ():

OtoCo reserves the right, at any time, to ask for any KYC documentation it deems necessary to determine the identity and location of a User. OtoCo reserves the right to restrict service and payment until identity is sufficiently determined.
OtoCo further reserves the right to share submitted KYC information and documentation to 3rd parties to verify the authenticity of submitted information, and the end User (you) agree to this by using the Service.


OtoCo reserves the right to confiscate any and all funds that are found to be in violation of relevant and applicable anti-money laundering (AML) and countering terrorism financing (CFT) laws and regulations, and to cooperate with the competent authorities when and if necessary.


OtoCo expressly prohibits and rejects the use of the Service for any form of illicit activity, including money laundering, terrorist financing or trade sanctions violations, consistent with various jurisdictions’ laws, regulations and norms. To that end, the Service is not offered to individuals or entities on any Politically Exposed Persons (PEP) lists, or subject to any United States, European Union, or other global sanctions or watch lists. By using the Service, end users represent and warrant that they are not on any such lists.

Source: OtoCo.io Terms & Conditions (as of 09/JUN/2025)

From its early days, PROMINEE® always wanted to streamline the incorporation process by providing a “done-for-you” service, and to make a Know-Your-Customer (KYC) as low as possible. But PROMINEE® is a PRE-KYC business (it does the KYC prior to the start of any service). There is no need to write too much about this (PROMINEE® isn’t here to train nor teach its competitors). But the customer/prospect needs to know that the concept of a POST-KYC is definitely a disaster waiting to happen… Unfortunately a POST-KYC world is impossible (otherwise many other businesses would have adopted it). OtoCo.io is unable to enforce their own terms & conditions (by its very operating design): how can you shift your own KYC responsibility to your own customer?…

Finally, you might consider this little comparison table:

	PROMINEE®	OtoCo.io
Exists since:	2005	2019
KYC:	Prior	Post (do you even know when?)
Blockchain (futile) layer:
Country of incorporation:	USA	British Virgin Islands (BVI)
Confiscation & hijacking ability:
Nominee Services:
Full company provision:
Trusts:
Annual report compliance:
Online order: