You start after successfully completing your studies and several years
If you work as an authorized signatory, you have one as an employee of the company
holds a special position. You sign contracts, hire employees and are also for
responsible for their termination. In order to carry out the activity in the interests of the employer,
Do you have a certain qualification and impress with your skills?
What characterizes an authorized representative?
To become an authorized signatory, you do not need to have completed a degree or training. You
acts as an employee who is empowered to manage the company
to represent outside. Internally, your employer can also give you power of attorney
equip. This means you are called to help make the most important decisions
and complete all legal transactions on behalf of the company.
As an authorized representative, you receive a monthly salary on which you pay income tax. Whether you
as an authorized representative in a health insurance company, you have to be covered under social security law ,
depends on the type of employment. The exam takes place in one
Status determination procedure carried out by the pension insurance company. The
decisive factors for treating you as an employee exempt from social security,
depend on the following points:
- You are not bound to the employer's instructions.
- Your pay is based on the company’s profits.
- You can decide freely about your working hours and the scope of your work.
- The management has given you power of attorney. This means that you are the company
can legally represent you externally.
What qualifications make an authorized representative?
The authorized representative is not a professional field that you can learn. Procuration will be given to you by the
Management or the business owner if you have your experience and yours
Competencies are convincing.
In order to carry out your work as an authorized representative, you need to be well-informed
have acquired commercial and business management knowledge. Acts yours
If you are an international company , it is essential that you have a good knowledge of English
bring in your daily work.
It is an advantage if you have the following skills as an authorized representative:
- You have acquired extensive knowledge about your company. In the best
In this case, you know exactly how everything works and what is important for your business. - You impress with your strong communication skills and your
Sense of responsibility. - You are used to working independently and are also a team player
good service. - You have already proven your leadership responsibility.
Behavioral skills and assertiveness are among your best
Characteristics.
Where does an authorized representative work?
There is no fixed area of operation for you as an authorized representative. Procurement can be done in one
Production company can be issued just as in a company that
Belongs to the service industry.
What matters is the legal form that your company has. In a corporation
the position of authorized representative of a GmbH managing director or the board of a company
Stock company taken over. If you work in a KG, you act as a general partner
the duties that an authorized representative has. Even in a partnership, no one can
Partner power of attorney can be granted. But if you work in a general partnership, you can do this
be given special authority to act.
Power of attorney granted: What tasks and obligations are associated with it?
Power of attorney granted: What tasks and obligations are associated with it?
The tasks and duties of an authorized representative include the following actions:
- Concluding contracts and developing new business strategies
- Personnel matters, such as hiring or terminating employees
- Examination of accounting documents and invoice management
- Monitoring of the dunning process
- Planning marketing measures
What distinguishes the authorized representative from the managing director of a GmbH?
The managing director is an appointed body that governs a GmbH internally and externally
represents. Unlike an authorized representative, the managing director must be approved by the shareholders
to be appointed. This can be a partner-managing director or a
Act as external managing director.
The authorized representative, however, does not act as an organ of his company. He remains in position
of an employee arrested. In this capacity he may only make decisions that...
are not associated with any criminal or financial consequences. Will give him one
If such behavior is proven, he can take recourse from his employer
become. If he follows company guidelines, the same limited liability applies to him
like for the managing director of a GmbH.
Power of attorney or power of attorney
If you have been granted power of attorney, you can act on behalf of your company.
Nevertheless, as an authorized signatory you are different from an authorized representative
following points:
- There is no clear declaration of intent on the part of the person to grant the power of attorney
employer necessary. The rights of the authorized representative are
restricted. He can only control the company in certain matters
represent. - As an authorized representative, you also represent the company in court proceedings
Conflicts. If you have only been given authority to act,
you are not authorized to do this.
Conclusion
As an authorized representative, you work in a company and receive a monthly salary. For
Your employer pays the income tax to the tax office. Was in one
If the status assessment procedure determines that you are exempt from social security, you do not have to do so
Make contributions to the social insurance provider. A certain training path is for them
Granting of power of attorney is not absolutely necessary. However, it is an advantage if you have one
You have broad commercial knowledge and strong communication skills
can.
These skills are important so that you can complete your tasks in the interests of the employer.
This includes, for example, developing business strategies or checking them
Accounting documents.
The authorized representative has only a limited connection with the managing director of a GmbH
can be held liable. But this only applies if he is not against the
violated company policies.
Photo by Brendan Church on Unsplash