International banks often require a Certificate of Incumbency for their offshore company in 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 set format for this document and there is no official government document by this name in Seychelles.
The most common version of the certificate simply describes how the company was founded or describes the current corporate structure. As a rule, this includes a certificate of the country of registration, the official address, as well as information about the bodies and shareholders of the company.
One of the most common uses of the certificate is to confirm the signatories of the company. Banks often require this from international companies that need a foreign bank account.
An alternative document in the Seychelles is the certificate of good standing. This is an official document that confirms the information provided by the Registrar. The document published by the Seychelles Registry is often used internationally, especially when opening bank accounts abroad. However, the document does not confirm who is authorized to sign documents for the company.
If you have been asked to legalize your company documents, you can get an apostille for the Certificate of Incumbency. Apostilles legalise documents for international use so that they are recognised under the Hague Convention.