The Authorized Signatory Form is a crucial corporate governance document used in Singapore to formally delegate signing authority within organizations. It serves as official documentation of who can legally bind the company in various transactions and dealings. The form typically includes detailed information about the authorized individual, their powers and limitations, specimen signatures, and relevant board approvals. Under Singapore law, this document is essential for compliance with the Companies Act and various regulatory requirements, particularly in banking, corporate, and commercial transactions. It provides third parties with clear evidence of an individual's authority to act on behalf of the company.
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1. Company Information: Legal name, registration number, registered address
2. Authorized Individual Details: Full name, designation, NRIC/Passport number
3. Scope of Authority: Specific powers and limitations of the signatory
4. Specimen Signature: Official signature sample of the authorized person
5. Certification: Board resolution reference or director's certification
1. Transaction Limits: Monetary limits for transactions, used when authority is financially restricted
2. Joint Signing Requirements: Details of joint signature requirements, used when multiple signatures are needed
3. Digital Signature Authorization: Authorization for electronic signatures, used when electronic signing is permitted
1. Board Resolution Extract: Copy of relevant board resolution appointing the signatory
2. Identity Documents: Copies of NRIC/Passport of authorized signatory
3. Additional Verification Documents: Any supporting documents required for specific industries or purposes
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