Prokurist

Commercial Power

Scope of this authority is fixed by law and cannot be limited toward third parties. While a prokurist may have internal instructions to only sign for production equipment, they can legally bind the company to any commercial contract. This creates a high level of trust and legal certainty for business partners.

Signing Authority

Documents are typically signed with the addition of a specific abbreviation to indicate the status of the person. A prokurist often acts in joint representation with a director, providing a second layer of review for major production decisions. They are a central part of the firm’s representative capability.

Legal Scope

Certain actions remain reserved for the owners or the statutory directors of the firm. A prokurist cannot sign the company’s financial statements, sell the business as a whole, or apply for insolvency. Their role is focused on the active management and growth of the commercial operations.