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Corporate POA
Corporate POA
Power of attorney
Mypoa. Our Online POA Service are dedicated on helping our customers understand their options. We provide budget-friendly rates, excellent results, and prompt services for clients in Dubai, UAE.
Attain Your Company POA Easily With My POA
A company power of attorney is used by the shareholders of a company to authorize another person to manage the affairs related to the company. Powers like running the daily operations, signing contracts and other important documents, representing the company before the government departments, and more can be assigned to an authorized person with the help of the company POA. Any person holding power to regulate the company can authorize any person to take important decisions relating to the company. The one who authorizes another person to run the corporate affairs is the grantor while the other who received the authorizing powers becomes the agent. My POA is available to proffer comprehensive assistance with regards to notarizing a POA at the notary public and other courts across the UAE
A company power of attorney in Dubai authorizes another person to:
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Manage the daily affairs of the company.
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Represent the company before the government departments.
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Renew a license and apply for work related visas.
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Register the company with the Federal Tax Authority.
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Open, close and manage new and existing bank accounts of the company.
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Open branches and subsidiaries of the company within or outside UAE.
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Hire and terminate the employees.
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Deal with matters relating to the trademarks.
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Deal with matters relating to intellectual property rights
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Appoint lawyers on behalf of the company.
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Sign contracts and all important documents.
Powers you can share through Corporate POA
Formation Of Company
A Corporate POA allows the grantor to appoint one or more agents to establish a company, incorporate a branch of another company or enter into a partnership for and on behalf of you. A business power of attorney is valid in Abu Dhabi, Sharjah, Dubai, Umm Al Quwain, Ajman, Fujairah and Ras Al Khaimah.
A company formation POA authorizes another person to:
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Incorporate a company or branch or enter into a partnership in the UAE.
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Sign the necessary shareholder resolutions on behalf of the grantor.
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Represent the grantor before the government departments and other relevant authorities.
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Sign and submit the documents to complete the formalities relating to company formation.
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Open a bank account of the company.
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Receive the trade license relating to the company.
Management of Company
A Corporate POA allows the grantor to authorize the manager or any person related or not related to the company to manage the regular operations of the company. The shareholders of the company can authorize the agent of the company with any powers through this POA.
It allows the agent to:
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Manage the business related affairs
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Transfer the shares of one local partner to another.
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Represent the company before all government departments.
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Register the company with the Federal Tax Authority.
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Renew a license and apply for work visas.
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Open, close and manage new and existing bank accounts.
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Open branches and subsidiaries of the company.
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Hire and terminate the employees.
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Deal with matters relating to intellectual property rights and trademarks.
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Appoint lawyers on behalf of the company.
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Sign all necessary contracts and other documents.
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Draw, sign, deposit and endorse checks in any of the company accounts.
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Perform any transfer from your account to other direct or third parties.
Sale and Purchase of Company Shares
A Corporate POA allows the grantor to authorize another person to represent their interests in sale, purchase or transfer of the shares of the company. It is valid in Abu Dhabi, Dubai, Ras Al Khaimah, Ajman, Sharjah, Umm Al Quwain and Fujairah.
It allows the agent to:
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Sell your shares of the company.
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Collect the share sale proceeds on behalf of the grantor.
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Sign and perform share purchase agreement and other related documents.
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Sign and perform investment agreement and other related documents.
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Sign the shareholders’ agreement.
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Complete all formalities of share transfer from the relevant government departments.
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Buy shares in the company from a third party.
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Make payments to the seller on your behalf.
Sale and Purchase the Business
A business power of attorney authorizes the agent to sell or purchase the business from a third party on the behalf of the grantor. This POA is valid in Abu Dhabi, Fujairah, Dubai, Ajman, Sharjah, Umm Al Quwain and Ras Al Khaimah. A business power of attorney authorizes the agent to:
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Sell your business to a third party.
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Buy a business from a third party.
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Receive the payments on your behalf.
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Sign and perform business sale agreements and other important documents.
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Complete all formalities at the government departments and relevant free zone authorities.
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Make payments to the third party on the behalf of the grantor.
Involve in Legal Proceedings
A corporate POA in Dubai authorizes the agent to represent the company before the UAE courts and arbitration centers. It also authorizes the agent to appoint lawyers on behalf of the grantor in Abu Dhabi, Fujairah, Dubai, Ajman, Sharjah, Umm Al Quwain and Ras Al Khaimah. It allows the agent to:
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Represent the company before the UAE courts and arbitration centers.
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Appoint lawyers on behalf of the company.
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Sign any case and other relevant arbitration documents.
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Represent the company before any government departments in the UAE.
Register Company Trademarks
A corporate POA in UAE authorizes the agent to register trademarks on behalf of the company. It is valid in . It authorizes the agent to:
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File an application and all other documents at the UAE Ministry of Economy.
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Look and defend the trademark registration application.
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Complete all necessary trademark registration formalities
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Receive the trademark registration certificate.
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Appoint lawyers to perform legal formalities relating to trademarks.
Documents Required for Corporate POA in UAE
To file a corporate POA, here are the necessary documents that are required to submit before the notary public.
Documents Required For UAE Residents:
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Passport, visa page and Emirates ID of the principal and the agent
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Necessary documents and information depending on the type of POA.
Documents Required For Non-UAE Residents:
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Passport of the grantor.
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Passport, visa page and Emirates ID of the agent.
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Necessary documents and relevant information depending on the type of POA.
Benefits of Power of Attorney for a Company
Below are the advantages of power of attorney for a company in UAE:
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It allows the agent to operate and manage the functions relating to the company in the absence of the shareholders.
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It provides freedom to the shareholders to choose either an employee of the company or a third party to make the decisions on behalf of the company
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It allows the shareholders of a company to assign the complete operations of the company or to assign only a few functions of that required work.
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It allows the shareholders to assign different powers of a company in a single document.
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A POA for a company is accepted in all UAE banks and government departments.
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It allows the shareholders to take back the assigned powers at any point of time by revoking the POA.
Signing Process of Corporate POA in Dubai
The signing and notarization process depends on whether a company POA is signed inside or outside of the UAE. First an email with company POA, mobile number and relevant IDs of the grantor and agent should be sent to the Dubai notary public. The information will be verified on a video call organized by Dubai notary public. Upon successful verification, the company POA will be stamped and issued at their office. The final corporate POA in Dubai can be collected by the grantor or agent from the office of Dubai notary Public.
Types of POA Notarization in the UAE with My POA
If the grantor and agent wish to notarize their POA, they can do in either of two ways:
Physical Notarization
If the grantor and agent are physically present in the UAE, they can
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Select their POA from My POA website, and place their order.
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We will prepare the draft for approval and translate it to Arabic.
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We provide complete assistance with physical notarization in Dubai Notary Public.
Remote Notarization
If the grantor and agent are not physically present in the UAE or wish to notarize their POA remotely, they can
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Get a valid passport.
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Select their POA from My POA website, and place their order
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We will prepare the draft for approval and translate it to Arabic.
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We provide complete assistance with the remote notarization
FAQ's
To get a business power of attorney in Dubai from My POA, simply visit our website and select the required service. Fill the required details and our team will contact you to confirm the identification or provide you any additional information.
With My POA, appointments can be booked on short notice for online notarisation. Appointments can be made on weekdays between 7 am and 9 pm. Any urgent requirement can also be fulfilled outside these times by arrangement.
The original POA will be delivered in PDF format. My POA can also deliver the POA on your address in a paper document as required.
The POA is valid worldwide, depending on the clause and requirements sent for approval by the Dubai notary public. We recommend you to contact My POA or your legal advisor beforehand to discuss the required clauses in the document. My POA also offers an apostille which helps in international usage of POA in all contracting states of the Hague Convention.