Detailed description
A legal entity is an organization or company that has rights and obligations. It can enter into contracts, own property, and sue and be sued in court. Unlike natural persons (i.e., human beings), a legal entity is not a person, but a legally recognized entity.
The authorized representative of a legal entity is the person who is legally permitted to represent the organization or company externally. They can conclude contracts, sign documents, and conduct legal transactions. Who is authorized to represent the legal entity depends on its legal form.
The authorized representatives are listed in the commercial register. Please inform the relevant authority if you wish to change the authorized representative.