What is a Machine Readable Power of Attorney (MChD)
Machine Readable Power of Attorney (MChD) — electronic analogue of a paper power of attorney for signing electronic documents. This is an xml file that contains information about the principal, the authorized person and the powers covered by the power of attorney.
MChD is signed by the electronic signature of the General Director or an authorized person.
Update in legislation
Order of the Federal Tax Service of Russia dated 30.04.2021 № ЕД-7-26/445@ — establishes a new format for exchanging legally significant EDI with government agencies in terms of signing documents using a machine-readable power of attorney
In the development of an order to exchange with the help of MChD in the B2B sector
The format becomes mandatory with 01.09.2023
From September 1, 2023, employees of organizations will use personal electronic signatures and attach information about a machine-readable power of attorney to the signed document (MChD).
Benefits of using MChD
Automatic verification of the signer’s credentials in incoming documents
Issuing/revoking a power of attorney online
Automatic expiration notification
No need to register a power of attorney with a notary
Free issue of power of attorney
High level of protection against falsification of a power of attorney
We are developing a solution for full-fledged work with MChD in the SAP system
In the first half of March, we will publish information about our new product — DFS Registry MChD.
DFS Registry MChD will allow you to perform all actions with a power of attorney in the SAP system
Creating a power of attorney from a template
Signing a power of attorney with the General Director (DG)
Registration of a power of attorney in the register of the Federal Tax Service
Obtaining data on the power of attorney of the counterparty
Verification of power of attorney data
Notification of the approaching expiration date of the power of attorney