What is incumbency certificate?

An incumbency certificate is a legal document that verifies the current directors, officers, and/or shareholders of a company. It is often used to demonstrate the authorized signatories and decision-makers within a business.

The incumbency certificate typically includes various details about the company, such as its name, place of incorporation, registered address, and company registration number. It also provides information about the individuals holding key positions within the organization, including their names, titles, and positions.

This document is commonly required for various business transactions, especially when dealing with banks, financial institutions, government authorities, or other third parties. It helps to confirm that the individuals signing agreements or making decisions on behalf of the company have the authority to do so.

Incumbency certificates are typically issued by the company's secretary, authorized agent, or registered agent, and are often accompanied by certified copies of relevant corporate documents like the company's articles of association or bylaws.

In summary, an incumbency certificate is a formal document that confirms the current officers, directors, and shareholders of a company and is commonly used in legal and financial transactions to demonstrate the authorized signatories and decision-makers.