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POA FOR PROPERTY COMPANY INCORPORATION UAE

A Power of Attorney for Property Management enables the appointment of another person or entity, known as an “agent” or “attorney-in-fact,” to oversee your real estate properties. It’s important to note that this particular POA does not grant authority to buy or sell real estate on your behalf. With the POA for Property Management, you have the ability to authorize a trusted real estate agent, relative, or friend to handle tasks like renting out your apartment or office, signing tenancy agreements, collecting rental payments, maintaining your properties, and representing you before government authorities or private entities in matters pertaining to your real estate holdings. This type of POA is typically granted to real estate brokers, property management companies, or individuals who can effectively carry out these responsibilities without the need for broader powers such as property sale or transfer.


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    How POA for COMPANY INCORPORATION Works

    A company formation power of attorney is frequently utilized by shareholders who are unable to personally visit the UAE for signing the necessary documents and fulfilling the procedures to obtain licensing for their new company in the United Arab Emirates. This power of attorney allows them to delegate the authority to carry out these tasks on their behalf.

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    Documents Required For UAE Residents:

    • Passport, visa page and Emirates ID of the principal.
    • Passport, visa page and Emirates ID of the attorney.
    • Any further documents and information that may be required depending on the type of POA.

    Documents Required For Non-UAE Residents:

    • Passport of the principal.
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    • Any further documents and information that may be required depending on the type of POA.

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