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A Certificate of Incumbency, also known as an Incumbency Certificate, a Register of Directors, or a Secretary Certificate, is a legal document that names all the current officers and directors of a corporations or the members and managers of an LLC, as well as their position, the extent of their authority, and their ...
Certificate of Incumbency Defined It specifies who each person is and what position they hold. This document most commonly serves as validation for identifying who is able to enter into legally binding agreements on behalf of the company, or in other words, who the company's signatories are.
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.
Sample Certificate of Incumbency ABC Company Inc. The undersigned Jane Doe, Secretary of ABC Company or ?the company,? certify that the people named below hold the position within the company stated next to their names. The Secretary also certifies that the signature next to each person's name is their true signature.
An incumbency certificate is issued by a company and lists officers, directors, and members. A good standing certificate is issued by a state agency and verifies and confirms that all of the company's franchise taxes are current and up to date and that any required annual reports have been completed and filed.