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.

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 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.











