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Certificate Of Authority To Transact Business
"I need a Certificate of Authority to Transact Business for our UK subsidiary to authorize our new Regional Director to handle transactions up to £500,000 in the European market, effective from March 2025."
1. Company Identification: Full legal name, registration number, registered address of the company granting authority
2. Authorized Individual(s): Names, titles, and specific details of individuals being granted authority to transact business
3. Scope of Authority: Detailed description of powers granted, including types of transactions and monetary limits
4. Duration of Authority: Time period for which the authority remains valid, including start and end dates
5. Authentication: Official signatures, company seal requirements, and verification methods
1. Specific Transaction Details: Details of specific transactions or business activities covered when authority is limited to particular dealings
2. Geographic Limitations: Specifications of territorial limits or jurisdictions where the authority is valid
3. Delegation Powers: Terms and conditions under which the authorized individuals may delegate their authority to others
4. Reporting Requirements: Obligations for regular reporting and documentation of transactions conducted under this authority
1. Board Resolution: Copy of the board resolution authorizing the granting of this authority
2. Specimen Signatures: Authenticated signatures of all authorized individuals
3. Transaction Limits Schedule: Detailed breakdown of financial and operational transaction limits
4. Identity Documentation: Certified copies of identification documents for all authorized individuals
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