Company Formation Power of Attorney
A company formation power of attorney is used to grant power and authorization to an individual with regards to filing application, following the required procedures, attend the relevant registration body (such as DED or a Free Zone Authority) and incorporate a company. It is the authority of the shareholder(s) to grant this power of attorney pertaining to the proposed new company.
Satisfaction Guarantee
Our services is provided with a 30 days money back guarantee.
Pricing Packages
Silver
AED 799
POA drafting - English and Arabic
Prepration in 8 working hours
Unlimited amendments
Unlimited free consultations
Inclusive of notary public fee for one (1) principal
Physical signing assistance at Notary Public in Dubai in 2-3 working days
E-notarization in 2 to 3 working days
For anyone inside UAE
Gold
AED 1399
POA drafting - English and Arabic
Prepration in 8 working hours
Unlimited amendments
Unlimited free consultations
Inclusive of notary public fee for one (1) principal
Physical signing assistance at Notary Public in Dubai in 2-3 working days
E-notarization in 2 to 3 working days
For anyone inside or outside UAE
Diamond
AED 1799
POA drafting - English and Arabic
Prepration in 8 working hours
Unlimited amendments
Unlimited free consultations
Inclusive of notary public fee for one (1) principal
Physical signing assistance at Notary Public in Dubai in 2-3 working days
E-notarization in 2 to 3 working days
Terms and Conditions
- Additional AED 399 for each additional principal.
- Additional AED 499 for urgent drafting and e-notarization in 1 working day.
- Drafting will start immediately upon receipt of payment.
- POA is issued by the Dubai Courts in Arabic language only. English version is prepared by us for review by clients.
- Should you have your own POA draft in English and Arabic, our e-notarization assistance fee shall be AED 499.
Description and Details Pertaining to Powers
Description
A company formation power of attorney is commonly used by shareholder(s) who cannot visit the UAE in order to sign the sign the necessary documents and complete the procedures to acquire licensing for their new company in the United Arab Emirates.
Powers included
With a company formation power of attorney, shareholder(s) can authorize the following powers to an individual:
- File necessary application for the company formation
- Sign and submit documents including memorandum and articles of association of the new company
- Attend the relevant registration body (i.e. Department of Economic Development or a Free Zone Authority)
- Represent before third parties, government departments and banks etc.
- Represent before Etisalat, du, DEWA and other utility service providers
- Receive the new trade license
Signing Process
Once we have prepared the draft of your company formation power of attorney, based on your location, the following process for the signing will need to be followed:
Scenario 1: Sign in UAE for use in UAE
If you reside in the UAE, a company formation power of attorney can be signed before a Notary Public in Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Fujairah, Ajman or Um Al Quwain. Regardless of the place of signing within the UAE, a company formation power of attorney remains valid throughout the UAE.
We provide end-to-end assistance on preparing and notarizing the power of attorney in the UAE.
Scenario 2: Sign outside UAE for use in UAE
If you reside outside the UAE, a company formation power of attorney can be signed before a Notary Public in the country of your residence. Once signed, attestations by the following government departments will be required before it can be used in the UAE:
1. Country of your residence
- Ministry of Foreign Affairs in the country of your residence
- UAE Embassy in the country of your residence
2. United Arab Emirates
- Ministry of Foreign Affairs in the UAE
- Ministry of Justice in the UAE after Arabic translation
Our fee for assistance on the UAE attestations is AED 899. This includes the government fee. However, if the document is treated as commercial document by the UAE Ministry of Foreign Affairs, the government fee of AED 2,000 shall apply in addition.
Scenario 3: Sign in UAE for use outside UAE
If you reside in the UAE, a company formation power of attorney can be signed before a Notary Public in Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah, Fujairah, Ajman or Um Al Quwain. Depending upon the country where the power of attorney will be used, attestations by the following government departments will be required:
- Ministry of Foreign Affairs in the UAE
- Embassy/consulate of the country where the power of attorney will be used
Scenario 4: Company Formation Power of Attorney for India
If the power of attorney is intended to be signed in the UAE and used in India, the draft can be prepared by us and you will need to sign the draft at the IVS Global offices.
Government Departments
We can help you with the processes in the following government departments.
