What Is A Company Seal?
A company seal, also known as a corporate seal or common seal, is a tool used by companies to authenticate official documents and transactions. While the use of company seals has declined in many jurisdictions, they still hold significance in certain legal and business contexts in Ireland. Under the Companies Act 2014 It is a legal requirement for every Irish registered company to have a company seal.
What Are Company Seals Used For?
- Historically, company seals were used to guarantee the authenticity of documents. They provide a unique signature on behalf of the company. They were often made of metal and embossed with the company’s name, logo, or other identifying marks. The seal would be pressed onto documents, leaving a distinct impression that served as a symbol of authority and credibility.
- In Ireland, company seals are still required or recommended for specific purposes. For example, certain legal documents, such as deeds, contracts, and share certificates, may need to bear the company seal to be legally valid. Additionally, when conducting business overseas, particularly in countries where the use of seals is customary, a company seal can help establish trust and ensure acceptance of documents.
What Are The Benefits To A Company Seal?
The use of a company seal can have practical benefits as well. It provides a clear and visible mark of authenticity. It makes it more difficult for documents to be tampered with or fraudulently reproduced. Seals can also serve as a deterrent against unauthorized use of company documents or unauthorized individuals acting on behalf of the company. However, it is important to note that the legal requirements and significance of company seals vary across jurisdictions. Again, It is a legal obligation for Irish companies to have a company seal.
In conclusion, the use of a company seal continues to have some relevance in certain legal and business contexts. Company seals provide an added layer of authenticity and credibility to important company documents. It is essential for businesses to understand the specific requirements and regulations regarding company seals to ensure compliance and effectiveness.
You can purchase a company seal as part of our standard or premium packs or as an individual product.