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Overview: Certificate of Incumbency ? official corporate document which lists the authorized signatories of the company/legal entity (e.g. directors, company secretaries, authorized representatives, etc.)
A company registrar or its registered agent usually issues this certificate.
Example of Incumbency Certificate The undersigned, Assistant Secretary/ Secretary ?....., a ?......... company, hereby certified the following: He or she has been duly elected for the post of Secretary/ Assistant Secretary of the company and is charged with record maintenance, minutes, as well as the company's seal.
A Certificate of Incumbency is often used to prove that a particular individual is authorized to enact legally binding transactions on behalf of a company. Certificate of Incumbency.
A BVI certificate of incumbency is a requirement by financial institutions globally for a BVI company to open an account. In most cases, we will advise new clients to purchase the certificate of incumbency as they can open bank accounts within the first 6 months of incorporation.
An incumbency certificate is issued by the corporate secretary, often bears the corporate seal, and may be notarized by a notary public.