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[***name of individual]
{*** Passport No. ***]
Date of Issue: [****]
Date of Expiry: [***]
to be our Attorney in accordance with Section 106 of the BVI Business Companies Act 2004
(as amended), and we hereby grant to the above-mentioned Attorney limited rights to
perform certain managerial and operational functions for and on behalf of the Company, as
further described herein:
2. To take all steps and remedies necessary for the recovery, obtaining and holding
possession of any debts, interest, demands, tenements, rents, or real estate, goods
and chattels, duties or sums of money or any other things whatsoever, located
anywhere, that is, are, or shall be owing, belonging to or payable to the Company and
to ask, demand, sue for and receive all manner of goods and debts above-mentioned,
due or hereafter to become due and owe or belonging to the Company and to make,
give and execute acceptances, receipts, releases, satisfactions or other discharges for
the same.
4. To open and operate bank accounts in the name of the Company and to execute bank
transactions and operations as the Attorney deems advantageous and desirable for the
business interests of the Company, provided that all such bank accounts are opened
only with the knowledge of the Company Director(s) and instructions are issued to the
respective bank(s) at all times to mail copies of all bank statements to the registered
office of the Company.
5. In view of the international legislation against organized crime and money laundering,
any action undertaken through this Power of Attorney must comply with the Articles of
Association of the Company and the applicable laws of the country where the entity is
registered or is conducting business. If requested by the Company Director(s), the
Attorney shall report to the Director(s) on any particular action performed by him in
the name of the Company.
6. This Power of Attorney is issued without the right of substitution and its legal validity
is limited in time, whereby it shall expire on [****Date].
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___________________________ _________________________
[***Name] [***Name]
Director Authorised Signatory
For and on behalf of For and on behalf of
Director Secretary
OR
___________________________
[***Name]
[Authorised Signatory] * [Director]
For and on behalf of
Director