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How is the authority to sign on documents and company records regulated?

Question:

We have just opened a bank account for our subsidiary accounting branch. Our legal representative is currently on a business trip. Can the Chairman of our Board of Directors sign on the documents in the application file?

Answer:

According to the notice of changing the information in the registration of the branch’s activities (Form II-13 – Circular 02/2019/TT-BKHĐT), the authorized signatory is the Legal Representative of the company.

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