Share Purchase Power of Attorney

A share purchase power of attorney provides the authority to an individual with regards to purchasing and transferring shares in a company in the name of the purchaser, which is the person giving the power of attorney. With the acquisition of a share purchase power of attorney, it is in the power of the authorized person to sign necessary share purchase agreement, other ancillary documents and fulfill all required share transfer formalities.

Select the options below as per your requirements.
AED 1099 27% OFF

AED 799.00

See available Packages
Order Now
Over 10,000 satisfied clients

How it Works

How to make a UAE recognised power of attorney

Order

1. Order

Choose your POA and place order online.

Receive

2. Drafting

Your draft is prepared and finalized after your approval.

Notarize

3. Notarization

Receive your notarized POA with QR Code.

 

Pricing Packages

Drafting service only

Silver

AED 1099 27% Off

AED 799

POA drafting - English and Arabic

Unlimited amendments

Unlimited free consultations

Inclusive of notary public fee for one (1) principal

Physical signing assistance at Notary Public in Dubai

E-notarization

Drafting and Physical Notarization

For anyone inside UAE

Gold

AED 1999 30% Off

AED 1399

POA drafting - English and Arabic

Unlimited amendments

Unlimited free consultations

Inclusive of notary public fee for one (1) principal

Physical signing assistance at Notary Public in Dubai

E-notarization

Most Popular
Drafting and Remote e-Notarization

For anyone inside or outside UAE

Diamond

AED 2699 33% Off

AED 1799

POA drafting - English and Arabic

Unlimited amendments

Unlimited free consultations

Inclusive of notary public fee for one (1) principal

Physical signing assistance at Notary Public in Dubai

E-notarization

Documents Required For UAE Residents:

  • Passport, visa page and Emirates ID of the principal.
  • Passport, visa page and Emirates ID of the attorney.
  • Any further documents and information that may be required depending on the type of POA.

Documents Required For Non-UAE Residents:

  • Passport of the principal.
  • Passport, visa page and Emirates ID of the attorney.
  • Any further documents and information that may be required depending on the type of POA.

Terms and Conditions

  • A fee of AED 499 shall be applicable for non-UAE resident applications of POA.
  • Above-mentioned prices shall apply for POAs with one (1) principal, attorney and asset only.
  • A fee of AED 399 shall apply for each additional asset and attorney.
  • A fee of AED 399 shall apply for each additional principal.
  • E-Notarized POA shall be issued in Arabic only by email from the Court. Should you require it in English and in Arabic format, a bilingual e-notarization fee of AED 199 shall apply.
 

Description and Powers

Description

A share purchase power of attorney is required in cases where the purchaser of shares is unable to travel to the UAE or otherwise become part of formalities that are required for the share purchase and transfer.

Powers included

The range of powers that are authorized in a share purchase power of attorney includes:

  • Sign share purchase agreement and all relevant documents
  • Shareholders’ agreement (where required)
  • Share transfer forms
  • Attend the offices of the licensing body (such as Department of Economic Development or the Free Zone)
  • Attend the Notary Public or Free Zone Authority’s offices (as applicable) for signing share transfer agreement and memorandum and articles of association
  • Complete the share transfer process
  • Make payment of consideration amount to be payable for the share purchase
 

Signing Process

Once we have prepared the draft of your share purchase 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 share purchase 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 share purchase 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 share purchase 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 share purchase 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: Share Purchase 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.
dubai economy
dubai courts
economy
labour
judicial
rta
land
rera
justice
cooperation