Use Business Power of Attorney to Appoint A Reliable Agent For Your Business!

✅ Quick Summary – Business Power of Attorney in the UAE

• A Business Power of Attorney lets you authorize someone to manage your company’s affairs.
• It can include financial transactions, legal decisions, and operational management.
• UAE notaries allow online notarization of Business POAs via video calls.
• Requirements include passport copies, Emirates IDs, Trade License, MOA/AOA, and more.
• You can restrict, extend, or revoke a Business Power of Attorney as needed.

Operating a business in the UAE requires you to maintain a balance between day-to-day business operations and other essential functions such as meetings with clients, closing sales, marketing, employee recruitment, remuneration, etc. You also have to make the necessary decision for the growth of your company, and this can be very overwhelming to handle altogether.

To streamline your business operations and its activities, you can consider choosing reliable people to manage the day-to-day affairs, including the company’s finances, so that they have the authority to make such important decisions even in your absence. For this purpose, you can think about making a power of attorney (POA) for your business.

👉 Learn more about the importance of a Business Power of Attorney in the UAE

You can issue a business power of attorney form from a licensed service provider online and entrust your business to your most trusted and reliable representative.

Key Uses of a Business Power of Attorney

The use of a Company POA may include:

1. Managing financial transactions: Your representative can sign and issue cheques, pay bills, collect and demand payments that are due to the business.
2. Making legal decisions: Your representative may make legal decisions and sign legal documents, such as making changes to the trade license, setting up a branch, increasing the capital, to name a few.

💡 Tip: Depending on your needs, you can also grant authority for company incorporation, day-to-day company management, or handling company shares.

3. Representing or managing the business: Your representative can attend business meetings, negotiations, and legal proceedings.
4. Making decisions in the owner’s absence: If you’re an owner, you can grant another person the power to make decisions for the whole company(s) on your behalf. This can include authorizing your representative to appoint a new manager, adding an activity on the license, and even winding up the business can be entrusted to.
5. Streamlining operations: A Business Power of Attorney can make it easier for your company to run smoothly and efficiently by delegating tasks to your appointed person.

How to Issue a Business Power of Attorney Online in the UAE?

UAE notaries have been empowered to certify Powers of Attorney via online systems. The execution procedure is straightforward, involving video calls via the notary’s system or Zoom with the principal, who is the person giving the POA. The notarization process is as follows:

Notarization Process for a Business POA

Prior to notarization, the POA draft and the requirements need to be submitted to the notary. Please refer to the requirements below.

• Passport Copy of the Principal (person giving the POA)
• Passport Copy of the Attorney (person receiving the POA)
• Emirates ID Copy of the Principal (if UAE resident, front and back)
• Emirates ID Copy of the Attorney (if UAE resident, front and back)
• Contact details of the Principal and the Attorney
• Trade License
• Memorandum of Association (MOA) and/or Articles of Association (AOA)
• Share Certificate and/or Certificate of Incumbency
• Incorporation Certificate of the Company
• Board Resolutions (if applicable)

Validity, Restrictions, and Revocation of a Business Power of Attorney

Having a business power of attorney will allow the agent to deal with your business associates in your absence and in the event of incapacity. You can also add certain restrictions or limitations in this POA. You also have the right to fix the duration of your power of attorney according to your specific needs. For example, if you are going abroad for one year, then you can add that validity term in your POA, and it will just naturally expire upon conclusion of the said term. 

In case your situation changes and you need that POA canceled/revoked earlier or shorter than you set it to be, you may also do this by going through the process of canceling/revoking it. The same goes for when you need it longer than what you originally planned for; you may extend the validity term, upon expiration, to a much longer duration.

Since you have the right to cancel/revoke any POA that you issued, at any time you deem fit, especially in cases where you suspect that your representative or agent is not carrying out responsibilities according to the authorizations of the power of attorney or by acting in bad faith. You must issue the notarized cancellation/revocation notice to the agent so that he or she is fully aware that they may no longer act on your behalf.

👉 Before drafting your POA, check out common mistakes to avoid when creating a Business Power of Attorney in the UAE.

Disclaimer: The content on this page is for general information purposes only and does not constitute as legal advice nor should it be used as a basis for any specific action or decision. Nothing on this page is to be considered as creating a lawyer-client relationship or as rendering of legal advice or legal services for any specific matter. Users of this website are advised to seek specific legal advice from their lawyer or a legal counsel regarding any specific legal issues.