The Certificate of Authority to Transact Business is a crucial document in the United Arab Emirates' business landscape, required when companies need to formally delegate authority to individuals for conducting business operations. This certificate is particularly important in the UAE's business environment, where clear documentation of authority is essential for legal and commercial transactions. It is commonly used when companies establish new business relationships, open bank accounts, apply for government services, or authorize representatives to act on their behalf. The document must align with UAE Federal Law No. 32 of 2021 and other relevant regulations, often requiring official authentication or notarization. It typically includes detailed information about the scope of authority, limitations, and duration of the authorization, serving as a critical tool for business operations while ensuring compliance with UAE legal requirements.
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1. Entity Information: Full legal name, trade license number, and registered address of the company granting authority
2. Authorized Person Details: Complete information about the individual(s) being granted authority, including full name, nationality, passport/Emirates ID details
3. Scope of Authority: Detailed description of authorized business activities and transactions permitted
4. Duration of Authority: Validity period of the authorization, including start and end dates
5. Authentication: Official company stamp, signatures of authorized signatories, and any required notarization details
6. Declaration: Formal statement confirming the grant of authority and its legitimate basis
1. Delegation Powers: Section specifying whether the authorized person can delegate authority to others, used when sub-delegation might be necessary
2. Geographic Limitations: Specific emirates or regions where the authority is valid, used when authority is geographically restricted
3. Financial Limits: Maximum transaction values or financial limitations, used when monetary restrictions apply
4. Reporting Requirements: Obligations to report activities conducted under this authority, used for high-value or sensitive authorizations
1. Schedule A - Authorized Activities: Detailed list of specific business activities and transactions permitted under the authority
2. Schedule B - Required Documents: List of supporting documents attached, such as trade license copy, passport copies, etc.
3. Appendix 1 - Specimen Signatures: Sample signatures of authorized persons for verification purposes
4. Appendix 2 - Corporate Resolution: Copy of the corporate resolution authorizing the issuance of this certificate
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