Share Sale Power of Attorney

A share sale power of attorney is used in order to authorize an individual with regards to the sale and transfer of shares of the shareholder of a company. With it, the shareholder authorizes the authorized person to sign the share purchase agreement, other ancillary documents and attend the relevant share transfer formalities.

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AED 1099 27% OFF

AED 799.00

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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

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

Drafting and Physical Notarization

For anyone inside UAE

Gold

AED 1999 30% Off

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

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

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 sale power of attorney is used by the shareholder of a company in order to transfer the authority of selling and transferring shares to another person as they are unable to travel to the UAE to fulfill the formalities that are part of selling and transferring shares.

Powers included in a share sale power of attorney

A share sale power of attorney includes powers to:

  • Sign the share sale agreement along with all other relevant documents
  • Sign the shareholders’ agreement whenever and wherever required
  • Share transfer forms
  • Visit the offices of the concerned licensing bodies, including the Free Zone or the Department of Economic Development
  • Visit the offices of the Notary Public or the concerned Free Zone Authorities to sign share transfer agreements as well as memorandum & articles of association
  • Complete the share transfer process
  • Receive consideration amount to be received for the share sale
 

Signing Process

Once we have prepared the draft of your share sale 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 sale 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 sale 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 sale 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 sale 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 Sale 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