Al Syed Legal Translation in Dubai, UAE

Company Share Transfer Power of Attorney (POA) Services in Dubai & UAE

We specialize in bridging clients and government authorities to register a Company Share Transfer Power of Attorney (POA) in Dubai. A Company Share Transfer POA is a vital legal document through which a company owner can authorize a representative who provides his services in managing the process of transferring ownership of shares. All kinds of permissions related to buying, selling, or redistribution of shares are granted to a legal representative through this kind of POA.

What is a Company Share Transfer Power of Attorney (POA)?

Transferring shares in a company requires special attention of the company management because there are multiple parties holding shares of the company and may include international stockholders. If you are a busy professional and have no time to deal with share distribution, it’s a convenient way to designate some trusted person through a Company Share Transfer POA to deal with share transferring matters legally. 

We at ASLT assist our clients to get POA done through UAE authorities, i.e., Ministry of Justice or Dubai Courts. Additionally, from drafting, notarization, translation to registration, ASLT Translation in Dubai has all the facilities for their clients.  When you authorize some person through this POA, you can perform following tasks:

• Transferring Shares: Communication with the shareholders, drafting and signing of agreements, registration of share transfer etc. 
• Signing Share Transfer Documents: All necessary documents can be signed by the agent who is given the POA. He/ She can sign the agreements, board resolutions and make requests to the government authorities. 
• Notifying Relevant Authorities: The representative of the company after POA, will be able to notify the relevant authorities of the UAE about transfer of shares. 
• Paying Transfer Fees: Transfer fees can also be paid through the attorney. 
• Board Resolutions: In some cases, a board resolution is required for the approval of share transfer. The attorney has the authority to attend the meeting of the board and can sign the board resolutions.

Why Do You Need a Company Share Transfer POA?

There are several reasons why a Company Share Transfer POA is essential:

1. Simplifies the Share Transfer Process: All the complex paperwork, legal formalities related to transfer of shares can simply be handled by the person who is given POA.  
2. Legal Compliance: There are some laws and regulations of the UAE related to transfer of shares. The holder of a Share Transfer POA is a legally appointed person who is delegated with the legal authority. So, POA ensures the legal compliance. 
3. Efficiency and Time-Saving: Someone else is assigned with the task to manage the transfer process on your behalf which helps you to save your precious time to focus on other important matters without engaging in such time-consuming matters.
4. Global Accessibility: Another convenience for an international shareholder is that, if you are a shareholder based outside of the UAE, just appoint a UAE resident through a Share Transfer POA who will look after matters related to transfer of shares and you will not be needed to present physically here in the UAE.
5. Avoid Delays in Share Transfer: All the transfer matters will be completed in time. Unnecessary delays can result in adversely affecting the goodwill of the company which can easily be avoided by a Share Transfer POA. 

Why Choose Al Syed Legal Translation Services for Company Share Transfer POA?

Al Syed Legal Translation Services (ASLT) is a renowned translation and PRO services provider in the UAE. A team comprising of legal experts with an extensive experience is busy in assisting clients in the following aspects of obtaining a Company Share Transfer POA:

• Expert Legal Drafting: We assist in drafting a comprehensive Company Share Transfer POA which is not only accurate but also compliance with the UAE laws. 
• Notarization and Translation Services: All the requirements such as notarization and in case, if the document is not in Arabic then translating it into the Arabic is our sole responsibility.
• Efficient Execution: From registration of POA to its execution, we will assist our clients in all matters and enable them to successfully appoint their representative in the UAE to take up all the matters related to transfer of shares. Contact us today!