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Authorisation Letter To Act On Behalf Template for Switzerland

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Key Requirements PROMPT example:

Authorisation Letter To Act On Behalf

"I need an Authorization Letter to Act on Behalf for our Swiss subsidiary company, authorizing our local Finance Director to represent our organization in all banking matters and financial transactions from January 1, 2025, to December 31, 2025, with specific powers to open accounts and execute agreements up to CHF 500,000."

Document background
The Authorization Letter to Act on Behalf is a crucial legal instrument in Swiss business and personal affairs, governed by the Swiss Civil Code (ZGB) and Code of Obligations (OR). This document is essential when an individual or entity needs to delegate authority to another party to act on their behalf, whether for specific transactions, temporary periods, or ongoing matters. It must clearly outline the scope of authority, temporal limitations, and specific powers granted, while complying with Swiss legal requirements for agency relationships. The document is particularly relevant in situations involving international business transactions, property dealings, corporate representations, or personal matters where direct action by the principal is not possible or practical. The authorization letter should be drafted with careful consideration of Swiss agency law principles and formal requirements to ensure its validity and enforceability.
Suggested Sections

1. Date and Place: Current date and place of execution of the letter

2. Principal's Details: Full name, address, and identification details of the person granting the authority

3. Agent's Details: Full name, address, and identification details of the person being authorized to act

4. Scope of Authority: Clear and specific description of the powers being granted and what actions the agent can take

5. Duration: The period for which the authorization is valid, including start date and end date if applicable

6. Signature Block: Space for principal's signature, witness signatures if required, and date of signing

Optional Sections

1. Specific Limitations: Any restrictions or conditions on the agent's authority, used when the authorization needs to be limited in specific ways

2. Revocation Clause: Specific terms for how the authorization can be revoked, used when special revocation conditions are needed

3. International Usage: Additional formalities for international recognition, used when the letter will be used across borders

4. Indemnification: Protection clauses for the agent, used in cases of high-risk or complex transactions

5. Succession Rights: Whether the authority can be delegated or transferred, used when delegation might be necessary

6. Language Declaration: Statement about the controlling language version, used when the letter might be translated

Suggested Schedules

1. Copy of Principal's ID: Certified copy of the principal's identification document

2. Copy of Agent's ID: Certified copy of the agent's identification document

3. Specific Powers List: Detailed list of specific actions or transactions authorized, if applicable

4. Corporate Resolution: If the principal is a company, the corporate resolution authorizing the arrangement

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















Clauses




















Relevant Industries

Banking and Financial Services

Real Estate

Legal Services

Healthcare

Insurance

Corporate Services

International Trade

Education

Government and Public Sector

Retail

Manufacturing

Transportation and Logistics

Relevant Teams

Legal

Compliance

Corporate Secretariat

Executive Leadership

Administrative Services

Risk Management

International Business

Operations

Human Resources

Finance

Relevant Roles

Legal Counsel

Corporate Secretary

Compliance Officer

Managing Director

Chief Executive Officer

Chief Financial Officer

Operations Manager

Human Resources Director

Property Manager

Business Development Manager

International Relations Manager

Risk Manager

Administrative Officer

Company Director

Power of Attorney Holder

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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