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<section id="main"><div id="title-container"><div class="center clear" style="display:none;"><ul class="vb breadcrumb"><li><a href="/">Home</a><span class="divider">/</span></li><li><a href="/global-supply-chain">Global Supply Chain</a><span class="divider">/</span></li><li><a href="/global-supply-chain/onboarding-process">Onboarding Process</a><span class="divider">/</span></li></ul><h1 class="vb">Documentation Requirements - Accounting</h1></div><hr style="display:none;" ><div style="height:35px;background-color:white;"></div></div><div id="alerts-container" class="vb center"><noscript><div class="alert"><h4>JavaScript is currently not supported or is disabled by this browser.  Please enable JavaScript for full functionality.</h4></div></noscript></div><div class="clearfix" style="-webkit-font-smoothing: antialiased;"><a href="#sideNav"></a><div class="center"><section id="outlier" class="two-column clearfix vb"><section id="sideNav"><h5>Global Supply Chain</h5><nav><ul><li><a class="" href="/global-supply-chain">Global Supply Chain</a><ul><li><a class="" href="/global-supply-chain/german-supply-chain-act">German Supply Chain Act</a></li><li><a class="" href="/global-supply-chain/types-of-suppliers">Types of Suppliers</a></li><li><a class="" href="/global-supply-chain/onboarding-process">Onboarding Process</a><ul><li><a class="" href="/global-supply-chain/onboarding-process/documentation-requirements-quality">Documentation Requirements - Quality</a></li><li><a class="selected" href="/global-supply-chain/onboarding-process/documentation-requirements-accounting">Documentation Requirements - Accounting</a></li><li><a class="" href="/global-supply-chain/onboarding-process/audit-types-and-frequency">Audit Types and Frequency</a></li><li><a class="" href="/global-supply-chain/onboarding-process/special-process-evaluation">Special Process Evaluation</a></li><li><a class="" href="/global-supply-chain/onboarding-process/certificate-of-compliance">Certificate of Compliance</a></li><li><a class="" href="/global-supply-chain/onboarding-process/production-part-approval-process">Production Part Approval Process (PPAP)</a></li></ul></li><li><a class="" href="/global-supply-chain/request-for-quotes">Request For Quotes (RFQ)</a></li><li><a class="" href="/global-supply-chain/arthrex-sba-supplier-base-program">Arthrex SBA Supplier Base Program</a></li><li><a class="" href="/global-supply-chain/arthrex-global-trade-compliance">Arthrex Global Trade Compliance</a></li><li><a class="" href="/global-supply-chain/supplier-performance-management">Supplier Performance Management</a></li><li><a class="" href="/global-supply-chain/sustaining-business-relationships">Sustaining Business Relationships</a></li><li><a class="" href="/global-supply-chain/supplier-sustainability">Sustainability</a></li><li><a class="" href="/global-supply-chain/arthrex-supplier-applications">Arthrex Applications</a></li><li><a class="" href="/global-supply-chain/supplier-contact-page">Become a Prospective Supplier</a></li><li></li></ul></li></ul></nav></section><section><article><div class="contributor-content"><p>Arthrex requires that new suppliers complete the following documents regarding accounts for payment purposes. After approval as a supplier, please request the appropriate forms from a supply chain professional. After completing and signing the forms, send them to your designated accounts payable professional.</p><p><strong>All Suppliers Required to Fill Out:</strong></p><ul><li>Supplier Vendor New Account</li><li>Change Form ACH Cr&mdash;for direct deposit</li><li><p>Wire instructions &mdash;for wire transfer payments (normally international suppliers)</p></li></ul><p><strong>Domestic Suppliers</strong></p><ul><li>W-9 Form</li></ul><p><strong>International Suppliers</strong></p><ul><li>A W-8 form</li><li>IRS explanation of W-8, to guide foreign suppliers to complete the correct W-8 form</li><li>Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding</li><li>Form W-8CE, Notice of Expatriation and Waiver of Treaty Benefits</li><li>Form W-8ECI, Certificate of Foreign Person&rsquo;s Claim That Income Is Effectively Connected With the Conduct of a Trade or Business in the United States</li><li>Form W-8EXP, Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding</li><li>Form W-8IMY, Certificate of Foreign Intermediary, Foreign Flow-Through Entity or Certain US Branches for United States Tax Withholding<ul><li>See IRS Pub 515 Withholding of Tax on Nonresident Aliens and Foreign Entities for current rules</li></ul></li><li>To be valid, forms must be originally signed and dated</li><li>Fully completed, originally signed and dated W-8 forms must be mailed to the payer within 30 days</li><li>Period of Validity: Forms normally expire in 3 years and require renewal, unless a US Tax ID Number is provided</li><li>Best practice: send new forms annually</li><li>Default Backup Withholding Tax (BWT) Rate is 30%</li><li>Expired, incomplete or inaccurate W8 forms will cause 30% BWT to be deducted from payments</li><li>BWT is forwarded to USA&rsquo;s IRS Department. IRS must be contacted by payee, to initiate a request for refund</li><li>If claiming Tax Treaty Benefits, you must apply for a US Tax ID Number</li></ul></div></article></section></section></div></div></section>