Establishing secure connection…Loading editor…Preparing document…

Business Statutory Declaration

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

BUSINESS STATUTORY DECLARATION

Declarant and Business Information

Recitals

WHEREAS the Declarant is an authorized officer or agent of the business identified above and is competent to make this declaration on its behalf; and

WHEREAS the Declarant affirms that the statements and documents described in this declaration accurately reflect the business relationship, obligations, and factual matters set forth below; and

WHEREAS this Statutory Declaration is made for the purpose of certifying the facts described herein to third parties, regulatory authorities, or for contractual reliance as permitted by law.

Scope of Statement

Statement of Facts

Agreement Details (if applicable)

If this declaration relates to a written business agreement, provide concise particulars below.

Term and Termination

This declaration relates to an agreement with the following term parameters:

Confidentiality

The Declarant affirms that any confidential or proprietary information referenced in this declaration or provided by the business shall be maintained in confidence, used only for the purposes stated herein, and disclosed only to those with a need to know under obligations of non-disclosure consistent with standard commercial practice.

The Declarant acknowledges that unauthorized disclosure of confidential information may result in civil liability and, where applicable, penalties under governing statute.

I acknowledge the confidentiality obligations described above.

Governing Law and Entire Agreement

This Statutory Declaration and any matters arising directly from it shall be governed by and construed in accordance with the laws of the jurisdiction identified above. The Declarant affirms that, to the extent the declaration confirms an agreement between parties, that agreement constitutes the entire agreement between the parties on the matters stated and supersedes all prior negotiations, representations, and understandings, whether oral or written, relating to those matters.

Declaration and Oath

I, the Declarant named above, do solemnly and sincerely declare and affirm that the contents of this Statutory Declaration are true and correct to the best of my knowledge, information and belief. I make this declaration conscientiously believing the same to be true and knowing that it is of the same force and effect as if made under oath. I understand that knowingly making a false statement in a statutory declaration may be a criminal offence punishable by law.

Attachments and Exhibits

Identify any documents referenced or attached to this declaration. List exhibit identifiers and brief descriptions.

The Declarant affirms that attached copies are true copies of the originals and that originals are available for inspection upon lawful request.

Declarant Name:

By:

Date:

Counterparty / Acknowledging Party:

By:

Date:

Enter text✕

What a Business Statutory Declaration Is and When it’s Used

A Business Statutory Declaration is a formal, written statement made under penalty of perjury that declares facts about a business — for example ownership, authority, address, or compliance status. It is used to attest to facts when an affidavit or notarized statement is required by a counterparty, government agency, bank, or third-party verifier. While terminology and filing practices vary by jurisdiction, the document typically requires a clear factual narrative, a signature, and a witness or notarization when the receiving party or statute demands it.

Why a Clear Business Statutory Declaration Matters

A precise statutory declaration provides reliable evidence of business facts, reduces onboarding friction with banks and regulators, and supports legal compliance. Properly completed declarations lower the risk of contested transactions and speed administrative approvals while meeting statutory signature and recordkeeping expectations under ESIGN and applicable state law.

Why a Clear Business Statutory Declaration Matters

Who Typically Prepares and Accepts These Declarations

Organizations and individuals rely on statutory declarations to confirm facts where formal attestations are required.

  • Small business owners and sole proprietors verifying ownership and address when opening financial accounts or registering services.
  • Corporate officers and managers attesting to limited authority for contract execution, banking signatory status, or vendor onboarding.
  • Legal and compliance teams providing sworn factual statements for licensing, procurement, and regulatory submission.

The receiving party often specifies whether notarization, witnesses, or an original wet signature are required; follow those instructions exactly.

Essential Parts of a Professional Business Statutory Declaration

A well-formed declaration is concise, factual, and organized so reviewers can verify the facts quickly. Each element supports authentication, legal enforceability, and future recordkeeping.

Caption

Heading identifying the document as a Business Statutory Declaration with the declarant’s legal entity name and docket or reference number when applicable.

Statement of Facts

Clear numbered paragraphs stating each fact the declarant is attesting to, using plain language and dates where relevant to reduce ambiguity.

Authority

A line describing the declarant’s position or capacity (for example, 'President, ABC LLC') and the basis for authority to make the declaration.

Signature Block

Typed name, signature, printed title, and signature date; include corporate seal or company header when required by the recipient.

Notary or Witness

Notary acknowledgement or witness signature lines if the recipient or state law requires notarization, witnessing, or a self-proving affidavit.

Attachments

Supporting exhibits such as corporate resolution, articles of organization, government ID, or documents referenced in the declaration for verification.

Security and Compliance Elements to Include

Encryption: TLS 1.2/1.3 in transit
Data at Rest: AES-256 encrypted storage
Audit Trail: Timestamped signature record
Regulatory Compliance: ESIGN and UETA adherence
Healthcare: HIPAA BAA available
Certification: SOC 2 Type II and ISO 27001

Common Legal Risks and Penalties

Perjury Exposure: Criminal penalties possible
Civil Liability: Damages from false statements
Contract Rejection: Counterparty may refuse document
Regulatory Sanctions: Fines or license impact
Tax Consequences: Incorrect tax reporting risk
Recordkeeping Violations: Compliance audit findings

Step-by-Step: Preparing a Business Statutory Declaration

Follow a disciplined sequence to prepare a declaration that is legally defensible, clear to reviewers, and acceptable for electronic or physical filing.

  • 01
    Identify Facts: List discrete facts and relevant dates to be sworn.
  • 02
    Confirm Authority: Record declarant’s role and basis to attest.
  • 03
    Assemble Evidence: Attach resolutions, IDs, or documents referenced.
  • 04
    Sign and Authenticate: Sign in presence of notary or use approved e-authentication.

Where to Send or File a Business Statutory Declaration

Determine the destination based on the requesting party: internal records, bank or payment processor, licensing authority, or a court. Routing affects authentication and retention requirements.

  • Internal Records: Store original or certified copy with corporate compliance files.
  • Banks and Financials: Provide notarized or authenticated copy to account managers.
  • Regulatory Agencies: Submit per agency instructions; some require original or notarized copies.
  • Third-Party Verifiers: Send certified digital copy with audit trail for vendor onboarding.

How to Deliver a Valid Declaration: Formats and Authentication

Choose a delivery format and authentication level that satisfies the receiving party and applicable law: simple e-signature with audit trail or cryptographic/digital signatures for higher-assurance cases.

Document Formats

Use PDF or PDF/A for preservation; include embedded metadata and appendices for exhibits to ensure consistent reproduction.

eSignature Level

Use an ESIGN-compliant audit trail for most cases; choose PKI-based digital signatures for non-repudiation when required by regulation.

Notarization

If requested, obtain in-person notarization or Remote Online Notarization where permitted and accepted by the recipient.

Audit Record

Keep timestamp, signer IP, authentication method, and certificate of completion with the signed document.

Practical Tips for Accurate and Efficient Completion

Small steps reduce rejection risk and the need for rework. Use standard templates and confirm recipient requirements before executing.

Use Plain, Numbered Facts
Write concise numbered paragraphs; avoid legalese that obscures the fact being attested. Precise wording reduces later disputes and supports rapid verification.
Verify Names and Titles
Match the declarant’s legal name and corporate title exactly to official records or identification to prevent authentication issues with banks or agencies.
Include Supporting Exhibits
Attach referenced corporate resolutions, government IDs, or filings that corroborate the declaration and label each exhibit clearly for reviewers.
Confirm Authentication Needs
Ask the recipient whether they accept electronic signatures, require notarization, or have RON specifications to avoid invalid submission and delays.

Timing Considerations and Deadlines to Watch

Understand deadlines for production, notarization, and retention; some requests require immediate delivery while others permit certified copies within a set period.

Immediate Requests:

Provide declaration promptly when requested for account opening or urgent compliance checks.

Notarization Lead Time:

Schedule notary or RON session in advance to avoid processing delays.

Agency Submission:

Follow each agency’s submission window or risk rejection.

Record Retention Start:

Retention typically begins on execution date; preserve originals accordingly.

Correction Window:

Correct material errors immediately and re-attest if required by the recipient.

How to Update or Amend an Existing Declaration

When factual changes occur, follow a controlled amendment process to maintain continuity and legal certainty.

01

Identify Change:

Document precisely what fact changed and why an amendment is needed.
02

Draft Amendment:

Prepare a short amendment referencing the original declaration by date and reference number.
03

Sign and Authenticate:

Have the same signatory re-sign the amendment using the same authentication level.
04

Attach Exhibits:

Include evidence supporting the change and label it as an amendment exhibit.
05

Distribute Copies:

Send updated certified copies to original recipients and update internal records.
06

Retain Originals:

Keep both original and amended versions with the audit trail and notary records.

eSignature Vendor Comparison for Executing Business Statutory Declarations

Platform selection affects authentication, compliance, and cost; below is a concise comparison focused on common enterprise criteria.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial Yes, 7-day free trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

FAQs and Troubleshooting for Business Statutory Declarations

Answers to common execution and acceptance questions help avoid delays, invalid submissions, and unnecessary rework.


Need help? Contact support

be ready to get more
Join over 28 million airSlate SignNow users