G.P.O.A is a legal authorization that gives the representative the power to act for and on behalf of another person known as the principal, it gives the representative a broad authority to manage and supervise the representative’s company.
This G.P.O.A grants the representative the right to: - Represent the principal and his company before all governmental and non-governmental authorities and departments. - Open any branches, offices, or agencies for the company. - Receive letters on behalf of the company. - To sign, provide, receive, and deliver all contracts, deeds, etc. that are related to the company business. - Demand, sue for, recover, receive, or hold sums of money. - Negotiate, settle, compromise, or submit to arbitration or mediation, etc.. - Manage and control the principal’s company on a day-to-day basis. - Determining the financial planning of the Company. - To rent offices, housing and other places and facilities for the Business of the Establishment. - To take out insurance against fire and others risks. - To make contacts with clients, agencies, corporations and individuals. - To make and sign addendums related to entering and withdrawing of partners. - To transfer, sell or assign company or all the principal’s shares to himself or any third party. - To sign lease contracts with the owners and proprietors of buildings. - To appoint, suspend and dismiss the employees and laborers of the company. - To represent the company in any lawsuit or judicial dispute or arbitration or settlement of any kind. - To open and close the accounts of all types. - To represent the company before all courts of various degrees. - To authorize and sanction vouchers for books of account and payment of expenses. - To appoint & remove account auditors. - Purchase, sell and registration of cars etc.. - To submit and receive ownership/title deeds, deeds and documents. - To delegate to any person any or all of the powers. |
Jurisdiction |
This document is intended for use in the United Arab Emirates. |
Before Execution |
- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only. - Please delete this front page together with the information contained in the headers, footers and endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature. - Please remove the square brackets and all highlighting prior to signature. |
Disclaimer
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.