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Authorisation Letter To Sign On Behalf Of Company for Singapore

Authorisation Letter To Sign On Behalf Of Company Template for Singapore

A formal document issued under Singapore law that delegates authority to a specified individual to sign documents and conduct transactions on behalf of a company. The authorization letter must comply with Singapore's Companies Act and common law principles of agency, typically requiring proper execution under company policy and sometimes corporate seal. It serves as official evidence of the delegate's authority to represent the company in specified matters.

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Authorisation Letter To Sign On Behalf Of Company

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What is a Authorisation Letter To Sign On Behalf Of Company?

An Authorization Letter To Sign On Behalf Of Company is a crucial governance document used when a company needs to delegate signing authority to specific individuals. Under Singapore law, this document enables companies to authorize representatives to execute documents, conduct transactions, or represent the organization in various capacities. The letter typically specifies the scope of authority, duration, and any limitations, while complying with the Companies Act (Cap. 50) and corporate governance requirements. It's particularly important for businesses operating in Singapore's dynamic commercial environment where efficient delegation of authority is essential for day-to-day operations.

What sections should be included in a Authorisation Letter To Sign On Behalf Of Company?

1. Letter Header: Company letterhead, date, reference number

2. Addressee Details: Name and address of recipient/organization

3. Authorization Statement: Clear statement of authority being granted

4. Authorized Person Details: Full name, ID/passport number, designation of authorized person

5. Scope of Authority: Specific powers and limitations of the authorization

6. Duration: Validity period of the authorization

7. Authorizing Party Details: Details of person/board granting authority including signature block

What sections are optional to include in a Authorisation Letter To Sign On Behalf Of Company?

1. Specific Transaction Details: Additional section specifying particular transactions or matters for which authorization is granted

2. Witness Requirements: Section for witness details and signatures when required by recipient organization or for high-value transactions

3. Company Seal: Section indicating placement of company seal when required by company policy or recipient

What schedules should be included in a Authorisation Letter To Sign On Behalf Of Company?

1. Board Resolution: Copy of board resolution approving the authorization

2. Identification Documents: Copies of authorized person's identification documents

3. Specimen Signature: Sample signature of authorized person for verification purposes

Authors

Alex Denne

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

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Letter of Authority

Sector

Banking

Cost

Free to use
Relevant legal definitions















Clauses















Industries

Companies Act (Cap. 50): Key sections include Section 41 (company seals), Section 157 (directors' duties), and Section 179 (directors' authority to bind company). Essential for understanding corporate authority and representation.

Electronic Transactions Act (Cap. 88): Governs the legal validity of electronic signatures and electronic authorizations in Singapore, crucial for modern business operations.

Agency Law (Common Law): Common law principles governing scope of authority, types of authority (actual, implied, apparent), and principal-agent relationships.

Contracts Act (Cap. 2): Fundamental legislation governing legal capacity to contract and authority to represent in contractual matters.

Corporate Governance Requirements: Includes company's Constitution/Articles of Association, board resolution requirements, and internal policies on delegation of authority.

Company Stamp Requirements: Regulations regarding the use of company stamps/seals for official documents and authorizations.

Industry-Specific Regulations: Additional regulatory requirements that may apply depending on the company's industry sector.

ACRA Requirements: Registration and documentation requirements set by the Accounting and Corporate Regulatory Authority of Singapore.

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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