Business Power of Attorney in Dubai: A Complete Guide for Companies
Grant powers to an individual to handle your business affairs.
Starting From AED 599
Business Power of Attorney Dubai: Streamline Your Corporate Operations
The Business Power of Attorney (POA) in Dubai is a significant legal tool that allows company directors and owners to assign power to trusted individuals or managers. As with any corporate POA Dubai day-to-day operation or with a more detailed company power of attorney UAE focused on certain transactions, this document guarantees that your business is going to operate efficiently without you. We are POA PLUS, the company that deals in offering efficient and compliant POA solutions in the locality of Dubai.
Best Pricing Package
Comprehensive
UAE Resident (If The principal have UAE ID)AED 1,250 UAE Resident (If The principal have UAE ID)
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AED 1,250
- POA drafting in English and Arabic
- Preparation in 1 working day
- Unlimited free consultations
- Inclusive of notary public fee for one (1) principal
- E-notarization in 2 to 3 working days
Comprehensive
AED 1,400 Non- UAE Resident (If The principal Don’t have UAE ID)AED 1,450 Non- UAE Resident (If The principal Don’t have UAE ID)
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AED 1,450
- 6- POA drafting in English and Arabic
- Preparation in 1 working day
- Unlimited amendments
- Unlimited free consultations
- Inclusive of notary public fee for one (1) principal
- E-notarization in 2 to 3 working days
Company Power of Attorney
Authorizes an individual to act on behalf of the company in legal and financial matters, it is not necessary that the authorized attorney should be an employee of the company, as anyone can act as an attorney under a company POA.
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General Manager Power of Attorney
Grants a general manager broad authority to manage and run the day-to-day business affairs of a company, usually in their absence
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Share Sale Power of Attorney
Grants the agent the authority to handle the sale, purchase, or transfer of a vehicle on behalf of the principal. It's useful when the principal is unavailable or unable to handle the transaction. <bCheck which package is meeting your requirements
Share Purchase Power of Attorney
Allows an agent to purchase shares of another company on behalf of the principal.
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Business/Assets Sale Power of Attorney
Authorizes an agent to sell the business or assets of the company on behalf of the principal.
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Business/Assets Purchase Power of Attorney
Enables an agent to purchase another business or assets on behalf of the principal.
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How it works
Terms and Conditions
- Additional AED 300 for each additional principal.
- Additional AED 250 for urgent drafting and e-notarization in 1 working day.
- Our Team will prepare your POA upon receipt of payment
- Notarized POA is issued in Arabic language only by Dubai courts, English version can be prepared for addition fee.
What is a Corporate Power of Attorney in Dubai?
A Corporate Power of Attorney is a legally durable document whereby a company may delegate the authority of a particular individual (known as the agent or attorney-in-fact) to exercise authority over the company. This authority can include a very broad scope of activities, including small administrative ongoing tasks as well as important financial decisions.
Why Your Dubai Business Needs a Power of Attorney
- Business Continuity: Guarantees that the business is not affected by travel or absence.
- Management Effectiveness: Leaves certain duties to the managers or partners.
- Legal Conformity: Conforms to the regulatory requirements on dealing with government bodies such as the DED or DMCC.
- Flexibility: Provides the opportunity for the owners of non-resident companies to manage UAE operations.
Types of Company Power of Attorney in the UAE
1: General Manager POA
Grants have wide powers to oversee day-to-day activities like a company owner.
2: Special/Limited POA
Empowers the agent with particular work only, such as:
- One transaction of its property.
- Bank account management
- Customs clearance of a particular shipment.
3: Free Zone Specific POAs
The requirements of various free zones are different:
- DMCC POA Dubai: This is needed to have representatives who will be authorised to handle the renewal of licenses, change of shareholders and compliance requirements of companies which are located within the Dubai Multi Commodities Centre.
- DED Company Authorization Dubai: Requirement of mainland companies registered with the Department of Economic Development.
Legal Requirements for Business POA in Dubai
1. Mandatory Documents & Information
To transact a corporate power of attorney in Dubai, you generally require:
- Company trade license copy
- Holding a Memorandum of Association (MOA).
- Board decision to issue POAs.
- Copies of the Emirates ID and passport of the principal(s) and agent.
- Company establishment card
- In the case of free zones; special free zone authority papers.
2. Key Legal Considerations
- The charge of the POA should be written in Arabic or bilingual (Arabic/English).
- Should be signed by a Dubai Notary Public.
- Must articulate the area and boundaries of authority.
- Should be a period of validity (limited)
- May must be attested to be used outside of the UAE.
Step-by-Step Process to Issue a Business POA
- Determine Requirements: Determine what kind and how much authority is required.
- Document Preparation: Get all the necessary corporate documents.
- Drafting: Draft the POA document using specific language.
- Review & Approval: The Principal goes through the draft and approves it.
- Notarization: Sign in the presence of a Notary Public (this is now possible through video call).
- Registration: Register with the concerned authorities where necessary.
DMCC and DED POA Specifics
DMCC Power of Attorney Requirements
In the case of companies in the Dubai Multi Commodities Centre, a POA should:
- In certain instances; it is specified on the DMCC-prescribed form.
- State authorised transactions (license renewal, change of partners, etc.).
- Add DMCC company registration information.
- Registered on the DMCC online portal or by a representative.
DED Company Authorisation Process
Mainland firms that need transactions with DED should have their POA:
- Displayed in an organised way with clear statements of what DED provides to the agent.
- Incorporates the DED registration number of the company.
- Is notarised by Dubai Courts
- May must have a translation in case it was in English.
Why Choose POA PLUS for Your Corporate POA?
In POA PLUS, we make it easy to do the business power of attorney Dubai with:
1: Our Expertise
- Several years of working experience in the Dubai corporate legal requirements.
- Expertise in the area of free zones (DMCC, DIFC, etc.)
- Knowledge of both the mainland and free zone company structure.
2: Streamlined Service
- Free preliminary consultation to determine your needs.
- Company-specific document checklist.
- Preparation of drafts using legal wording.
- Organising the appointment for notarization.
- Support after the notarization and certified copies.
3: Trust and Reliability
- No hidden charges or black market prices.
- 15-day money-back guarantee on our services.
- A professional team at hand to ask questions.
Protective management of all the corporate documents.
Key Situations Requiring a Business POA in Dubai
Frequently Asked Questions
A corporate POA is in effect in Dubai until the corporation forbids it, unless there is an expiry date on it.
No, a company will not be obligated to bind a POA that can be revoked upon a revocation document with notice to all the parties concerned.
No, when the agent acts within the authority given, the actions of the agent are binding on the company, not on the agent himself.
Yes, yet banks can usually insist on their POA form. We will be able to assist in writing bank-approved authorisations.
Get Your Business POA Started Today
Administrative challenges should not hinder your business. A well-written corporate POA Dubai will guarantee the smooth running of your company in the absence or presence of. POA PLUS simplifies the process for compliance.
Today, contact POA PLUS and have a free consultation on the power of attorney of your company in Dubai and the UAE in general. Our professional crew will help you with the very specifications of your particular situation, making sure that the company authorization Dubai is done in the most efficient and right way possible.