Certificate Of Corporate Authority Template for Philippines

The Certificate of Corporate Authority is a critical corporate instrument in the Philippine business environment, essential for establishing and documenting the delegation of authority within a corporation. This document is commonly required when corporations need to authorize specific individuals to conduct business transactions, sign contracts, open bank accounts, or represent the company in various dealings. The certificate must comply with the Revised Corporation Code of the Philippines and relevant SEC regulations, typically stemming from a board resolution that grants such authority. It includes detailed information about the corporation, the authorized representatives, and the specific scope of their authority. The Certificate of Corporate Authority is particularly important in situations requiring proof of legitimate corporate representation, such as major business transactions, regulatory filings, or banking relationships. This document serves as a safeguard for both the corporation and third parties by clearly defining the parameters of authorized actions.

1. Corporate Details: Full legal name of the corporation, registration number, registered address, and date of incorporation

2. Board Resolution Reference: Reference to the specific board resolution or meeting where the authority was granted, including date and meeting details

3. Authorized Representatives: Names, positions, and identification details of the individuals being granted authority

4. Scope of Authority: Detailed description of the powers and authority being granted to the named representatives

5. Duration of Authority: Specific period for which the authority is valid, including start and end dates if applicable

6. Attestation: Statement certifying the accuracy of the information and validity of the authority

7. Execution: Signature block for corporate secretary or authorized officer issuing the certificate