Sole Procuration

Sole Procuration is a form of procuration anchored in the German Commercial Code (HGB), where a proxy is authorized to act alone, allowing them to conduct all ordinary and extraordinary legal transactions of a company without the involvement of other authorized signatories. This comprehensive authority extends to all judicial and extrajudicial actions, except for real estate sales, which require special authorization. In the commercial register, Sole Procuration is recorded with the addition 'Procuration granted, sole,' enabling business partners to recognize the sole authority at a glance. Unlike joint procuration, where multiple proxies must act together, Sole Procuration enables faster decision-making processes and greater flexibility in management. This clear distribution of competencies is particularly beneficial for companies in dynamic markets. Nevertheless, appointing a trusted proxy requires careful selection, as misuse can have severe financial consequences. Sole Procuration can be revoked at any time; this revocation must also be registered in the commercial register.

Sole Procuration indicates that a registered proxy is authorized to represent the company alone. Through the handelsregister.ai API, this attribute can be directly accessed via the person and history endpoints, allowing developers to automatically verify authorization structures and securely implement digital signature or compliance workflows.