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Lingoline

Service Agent Contract

Service Agent Contract

Regular price 388.50 AED
Regular price Sale price 388.50 AED
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With the help of this service, you can vouch for a contract that a foreign investor uses to designate a local service agent for a business he or she owns.

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Details

With the help of this service, you may certify a contract by which an expat investor names a local service agent for a business that belongs to the investor.

Documents Required

- Original ID card plus a backup for records
- The "Contract" document, which needs to be attested in two copies—one for each person involved and one for recordkeeping.
- A notarized power of attorney with an original for review and a copy for the records in the case of a proxy.
- A record-keeping copy of the trade name

Important Remarks

For any contract/ document of less than AED 50,000 or of unspecified value: Fee AED 500.

For any contract/ document of more than AED 50,000 and less than AED 200,000: Fee AED 1,000.

For any contract/ document of more than AED 200,000: Fee 0.5% of the document value, capped at AED 20,000.

Terms & Conditions

- Presence of the principal before the Notary Public to sign the service agent contract.

- If the principal is a representative of another principal, he should bring his original POA, comply with the powers granted to him by his principal, and have the right to appoint others.

- If the document is not in Arabic, it should be translated by a legal translation office certified by the Ministry of Justice.

- Any document issued outside the country must be authenticated by the competent authorities (Ministry of Foreign Affairs).

- The POA clauses shall be clear and explicit, without any erasure or deletion.

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