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Lingoline

Contract Annex

Contract Annex

Regular price 519.75 AED
Regular price Sale price 519.75 AED
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A change to the terms and conditions of the contract or agreement is agreed upon in an amendment annex.

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Details

A modification to the terms and conditions of the contract or agreement is agreed upon in an amendment annex.

Documents Required

- Emirates ID (original for review and a copy for records).
- The original document must be certified along with enough copies for each party involved and one copy for documentation.
- Business license (original for review and a copy for records).
- A letter of approval from the licensing authority (original).
- The partnership agreement and any appendices thereto (original for review and a copy for records).

Important Remarks

Notary Public Fees (not including our charges)

For an instrument/ contract of unspecified value: AED 300.
For an instrument/ contract of or under AED 10,000: AED 450.
For an instrument/ contract above AED 10,000 and not exceeding AED 50,000: AED 750.
For an instrument/ contract above AED 50,000 and not exceeding AED 100,000: AED 1200.
For an instrument/ contract above AED 100,000 and not exceeding AED 500,000: AED 1500.
For an instrument/ contract above AED 500,000: (0.25%) of the contract value and a maximum of AED 20,000.
Typing fees of AED 50, if done in ADJD

Terms & Conditions

- Presence of the principal before the Notary Public to sign the contract annex

- The original power of attorney must be submitted where the principal is represented by an agent.

- The agent shall adhere to the powers conferred upon him by the principal and may delegate his powers to others.

- An official translation attested by the Ministry of Justice is required where the document is drafted in a language other than the Arabic.

- Attestation by the Ministry of Foreign Affairs of the U.A.E is required where the document is issued in a foreign country.

- Expressions in the Power of Attorney must be clear without any ambiguity, scratch or deletion.

- Consideration shall be given to the minimum capital required by law in some companies.

- In Public Joint stock Companies, it is not allowed to reduce the capital that will result in devaluating the nominal value below One Dirham.​

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