You will need this document if you use a nominee when registering a company or transfer the powers to manage a company to a third party. Power of Attorney is usually issued for one year and then renewed. You may need this document apostilled, especially if you are going to use it abroad. According to this document, you can open a bank account and manage it in any country, sell the company, redistribute the stake, that is, in fact, the company becomes completely yours if you are given a 100% stake. The document is compiled within 5 working days and is signed by the person that issues it. This person must provide a copy of the passport and a proof of his residential address.