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.
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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
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
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
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
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