TLDR:
A Certificate of Incumbency is an official document issued by a company or its registered agent, identifying the current officers, directors, and authorized signatories, used in international transactions to verify authority.
When Certificates of Incumbency Are Required
Certificates of incumbency are most commonly required in international business transactions where counterparties cannot easily verify a company’s corporate authority through local registry searches. They are standard requirements when opening international bank accounts, executing major commercial contracts, signing loan agreements, completing M&A transactions across jurisdictions, and applying for licenses in foreign countries.