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Your offshore company:
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It is often a legal requirement that an offshore company should have a company seal (also called corporate seal). Seals have been used from remote antiquity to authenticate documents, and your company seal is no different. The seal must first be approved at the first meeting of directors; it is subsequently used for sealing share certificates, minutes of the company or other important documents. Note that a seal is not normally used for "stamping" invoices, for example -- a signature is enough there. Most offshore incorporation agents supply clients with a corporate seal, although you are free to have your own made provided it is duly adopted by your company's board of directors. |
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