For the purpose of authorizing documents, a company seal is needed. A company seal can provide a sense of authenticity to a company’s released document. By having the document marked by a company seal, the company can maintain credibility but at the same time it must be careful because it will be fully held responsible regarding whatever that is agreed in the document.
A company seal is the mark and official seal of a company. A common seal’s purpose is as the company’s official signature that represents the whole corporation. It used to be much important in the past, but now, many have diminished the obligatory rule of having a company seal to approve a document. It can now be replaced by the signature of the authorized person of a company. Thus, its power has been watered down now. However, a company seal may still be used for bank account opening and other smaller corporate accounts.
A company seal is still important for business transactions and other related matters, such as approving contracts and for legal representation purposes. It is still importans that its use can’t be just done without approval. Any uses of a company seal must be documented in the Articles of Association and the use of a company seal must be under the surveillance of the company’s CEO or president along with their signature.
A company can only get a company seal once they’re incorporated and registered with the country’s government. The design of a company seal is free but it needs ro include the company nameand company incorporation date at the very least. It will be much better if the company includes its symbol in the seal. The company can get the seal produced by a company seal manufacturer. The price may vary, depending on the quality of the seal itself. It’s best to get the highest quality seal possible to ensure its durability and its capability of creating good looking seals that can make a good impression for your company.
Company seal is not the only seal that you can make that can benefit your corporation. You can also make invoice seal, contract seal, financial seal, and many others depending on their specific purposes. They can benefit you because if you start to get too many on your hands to approve or authorize, it will take longer for them to get approved with the company seal. It’s good to have different seals for a more narrowed purpose so that the documents can be sorted and get processed with the right seal. You will be able to work faster and more effectively, getting your productivity increased.
The importance of a company seal must be kept in mind. Even though it’s no longer an essential for companies, it may still benefit you in your day to day work and on special occasions. You never know when you need it. It’s no loss or a waste of money to make one today and start to work more professionally.