[Green Circle Talks about Cross-border] Don't you need a seal for overseas companies?

Don't you need a seal for overseas companies?

In the business world, the company seal is a very important document for proving the legitimacy of a company and the extent of its authorization. However, for some overseas companies, the use of a company seal may not be essential.

First of all, let's understand what is a company seal. A company seal is usually created when a company is registered and is used to stamp documents, contracts, bank documents and other business documents to prove the company's authenticity and legal authorization. In some countries, the company seal also has legal effect and therefore plays a very important role in business transactions.

However, in some countries or regions, such as the United States, Canada and Australia, there is no mandatory requirement for companies to have a company seal. This means that companies registered in these places can choose whether or not to use a company seal. This is mainly due to the fact that the laws and business practices in these countries have gradually become more electronic and signature-enabled, making the company seal no longer a necessary tool in some cases.

In addition, with the acceleration of globalization, more and more companies have started to operate across borders, involving business activities in different countries. Under such circumstances, a company that wishes to conduct business in more than one country will need to comply with the laws and regulations and business practices of different countries. Therefore, for some multinational companies, the necessity of using a company seal may also be affected.

Although not required in some places, a company seal is still considered an extremely important business tool in some Asian countries such as China, Japan and Korea. In these places, a company may not be able to conduct business without a company seal, as many business contracts and documents require a company seal to be valid.

In general, the need for an overseas company to use a company seal depends on the laws, regulations and business practices of the country in which it is located. As the global business environment changes and develops, the status and role of the company seal is constantly adjusting and changing. For those who intend to register a company overseas or conduct business across borders, it is important to understand the local laws, regulations and business practices to ensure the legitimacy of the company and its rights and interests.