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Authorised Signatory Letter Template for United Arab Emirates

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Key Requirements PROMPT example:

Authorised Signatory Letter

"I need an Authorised Signatory Letter for our UAE branch manager that grants authority to sign contracts up to AED 500,000 and handle all banking transactions, effective from January 1, 2025."

Document background
The Authorised Signatory Letter is a crucial document in UAE business operations that formally delegates signing authority within an organization. It is typically required when companies need to authorize specific individuals to execute documents, enter into agreements, or conduct financial transactions on their behalf. The document must comply with UAE Federal Laws, including the Companies Law (Federal Law No. 2 of 2015) and Commercial Transactions Law (Federal Law No. 18 of 1993). It is particularly important for companies operating in the UAE, where formal authorization and clear delegation of authority are essential for legal and business transactions. The letter typically includes specific details about the scope of authority, any limitations on powers, and the duration of the authorization, making it a vital tool for corporate governance and risk management.
Suggested Sections

1. Letter Header: Company letterhead, date, and reference number

2. Addressee Details: Full name and address of the recipient/organization to whom the letter is addressed

3. Subject Line: Clear indication that this is an Authorization Letter for Signatory Powers

4. Opening Statement: Formal introduction identifying the company granting the authority and its legal status

5. Authorized Person Details: Full name, position, and identification details of the person being granted signing authority

6. Scope of Authority: Specific powers and limitations of the signing authority being granted

7. Duration: Validity period of the authorization

8. Attestation: Statement confirming the company's authority to grant these powers

9. Signature Block: Space for authorized company representative's signature, with full name and position

Optional Sections

1. Previous Authorization Revocation: Section revoking any previous authorizations, used when replacing existing signatory powers

2. Financial Limits: Specific monetary limits on signing authority, used when authority needs to be restricted to certain transaction values

3. Geographic Scope: Specification of geographic limitations, used when authority is limited to specific Emirates or regions

4. Multiple Signature Requirement: Requirement for joint signatures, used when transactions require more than one authorized signatory

5. Specific Transaction Types: Detailed list of transaction types authorized, used when authority is limited to specific types of documents or transactions

Suggested Schedules

1. Specimen Signature: Sample signature of the authorized signatory for verification purposes

2. Identity Documents: Copies of relevant identification documents of the authorized signatory

3. Corporate Resolution: Copy of the board resolution or corporate approval authorizing the delegation of signing authority

4. Power Matrix: Optional table showing different types of transactions and their respective authorization requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


















Clauses














Relevant Industries

Banking and Financial Services

Real Estate

Construction

Manufacturing

Trading and Commerce

Professional Services

Healthcare

Education

Technology

Telecommunications

Energy

Transportation and Logistics

Hospitality

Retail

Relevant Teams

Legal

Finance

Corporate Governance

Compliance

Risk Management

Operations

Administration

Procurement

Treasury

Corporate Secretariat

Executive Office

Relevant Roles

Chief Executive Officer

Managing Director

General Manager

Finance Director

Chief Financial Officer

Legal Director

Chief Legal Officer

Company Secretary

Operations Director

Branch Manager

Department Head

Regional Manager

Country Manager

Treasury Manager

Procurement Manager

Contract Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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