What is a PoA - say Power of Attorney?

[myhand]

Can you explain what PoA is please?

 

[Zqq]

It's a piece of paper that lets you act on behalf of someone or something (such as a company).

 

[JohnLocke]

It's correct what Zqq wrote, I just wanted to supply you with this link Power of attorney - Wikipedia, the free encyclopedia for your references.

 

[craigs]

I only need a PoA if I have a nominee director and shareholder? I don't need it if I have more than 1 shareholder right?

 

[JohnLocke]

That's true, PoA (Power of attorney) is only required if you have nominees appointed.