Ownership and Control of my Offshore Company
Do the owners of the company have signatory right?
They always have the control! Whether they also have a direct signatory right, depends on the structuring of the company. The owners of the company may have direct signatory right in the following cases: (A) if they are also appointed directors or officers (not too confidential); (B) if a Power of Attorney or a Special Resolution entitling them to signatory powers is issued by the offshore company. In case B, the owners can request such rights be assigned at any time.