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Authorised Signatory Letter Template for Qatar

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Key Requirements PROMPT example:

Authorised Signatory Letter

"I need an Authorised Signatory Letter for our Qatar-based bank, authorizing three senior managers as joint signatories for transactions over QAR 500,000, effective from January 15, 2025, with specific provisions for electronic banking authorizations."

Document background
The Authorised Signatory Letter is a critical business document used in Qatar to formally delegate signing powers within an organization. It is required when companies need to authorize specific individuals to execute documents, enter into agreements, or represent the organization in various capacities. The document must comply with Qatar's legal framework, including the Commercial Companies Law (Law No. 11 of 2015) and relevant regulations. It typically includes detailed information about the authorized person, scope of authority, duration, and any limitations. This letter is particularly important in Qatar's business environment where formal authorization documentation is frequently required by government authorities, banks, and other institutions to verify the legitimacy of corporate representatives.
Suggested Sections

1. Letter Header: Company letterhead, date, reference number, and address of relevant parties or authorities

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

3. Company Details: Full legal name of the company, commercial registration number, and registered address

4. Authorized Person Details: Full name, nationality, ID/passport number, and position of the person being authorized

5. Scope of Authority: Detailed description of the powers being granted, including types of documents and transactions covered

6. Duration of Authority: Validity period of the authorization

7. Company Authorization: Statement confirming the company's power to grant this authority, including reference to relevant board resolutions if applicable

8. Signature Block: Space for signature of the authorized representative of the company granting the powers

Optional Sections

1. Financial Limits: Specific monetary thresholds or limits on the signatory's authority, used when authority needs to be restricted

2. Special Conditions: Any specific conditions or restrictions on the exercise of authority, included when special limitations apply

3. Multiple Signatory Requirements: Requirements for joint signatures or secondary approvals, used when dual control is needed

4. Reporting Requirements: Obligations to report or notify regarding use of authority, included for enhanced control measures

5. Revocation Clause: Specific terms for revoking the authority, included when flexibility for termination is needed

Suggested Schedules

1. Board Resolution: Copy of the board resolution authorizing the delegation of signing authority

2. Specimen Signature: Authenticated specimen signature of the authorized person

3. ID Documents: Copies of identification documents of the authorized person

4. Commercial Registration: Copy of company's commercial registration showing authorized signatories

5. Powers Matrix: Optional matrix showing detailed breakdown of signing powers and limits if multiple signatories are involved

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

Oil and Gas

Manufacturing

Retail and Commerce

Professional Services

Healthcare

Education

Technology

Telecommunications

Hospitality

Transportation and Logistics

Relevant Teams

Legal

Compliance

Corporate Governance

Finance

Operations

Administrative

Corporate Secretarial

Risk Management

Executive Office

Procurement

Relevant Roles

Chief Executive Officer

Managing Director

General Manager

Chief Financial Officer

Company Secretary

Legal Director

Head of Compliance

Regional Manager

Country Manager

Operations Director

Finance Manager

Department Head

Branch Manager

Project Director

Procurement 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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