International banks often require a title deed for their offshore company in the Seychelles. A Certificate of Incumbency is therefore required to open bank accounts abroad.
The Certificate of Incumbency is a document that is widely used in many countries. There is no prescribed or established format for this document and there is no official government document with this name in the Seychelles.
The most common version of the certificate only describes how the company was founded or describes the current company structure. This usually includes a certificate from the country of registration, the official address, and information on the company's bodies and shareholders.
One of the most common applications of the certificate is the confirmation of the signatories of the company. Banks often require this from international companies that require a foreign bank account.
An alternative document in the Seychelles is the certificate of good standing. This is an official document confirming the information provided by the registrar. The document published by the Seychelles Registry is often used internationally, particularly when opening bank accounts abroad. However, the document does not confirm who is authorised to sign documents for the company.
If you have been asked to legalize your company documents, you can obtain an Apostille for the Certificate of Incumbency. Apostilles legalise documents for international use so that they are recognised under the Hague Convention.