Who is an Authorized Signatory?

Last modified 9/16/2024 3:12:43 AM EST

An authorized signatory is an entity legally allowed to sign documents on behalf of the company. Depending upon the type of the company, authorized signatory might vary, which includes:

• Sole proprietorship: Individual who owes the business

• Corporation (also includes Limited Liability Company LLC):

  • An officer who has legal authority,

  • The person who is designated as a board of directors or governing body

  • Authorized person under section 6103(e)

• Partnership (also includes Limited Liability Company LLC): Authorized members of partnership can be a company signatory.

• Single-member LLC treated as a disregarded entity: Owner of LLC.

Note: You must file a new Form 8655 once you have added or updated the details of authorized signers. Use Form 8822-b to notify the IRS about the changes made to them.