P150.00
At FOLIO (Pty) Ltd, we prepare professionally drafted resolution letters tailored to your company’s needs. Whether you are opening a corporate bank account, registering for a trading license, or appointing new directors, we ensure your resolution letter is properly worded, legally sound, and accepted by relevant authorities.
📌 We make it simple – just let us know your requirement, and we’ll prepare the resolution letter promptly.
A Resolution Letter is an official written decision passed and adopted by the directors or shareholders of a company. It serves as a formal record of a decision taken on important matters such as appointment or resignation of directors, change of shareholding, opening of a company bank account, application for licenses, or approval of contracts.
Why is a Resolution Letter Important?
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Legal Compliance: Most banks, government authorities, and regulatory institutions require a company resolution letter as proof that the decision was authorized by the company.
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Transparency: It ensures that key business decisions are documented, reducing misunderstandings and disputes.
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Credibility: A resolution letter shows professionalism and strengthens the trust of stakeholders and partners.
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Official Record: It acts as part of the company’s statutory documents that may be referred to in future.
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