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How to give a special power of attorney online to sell and purchase company shares?

Sir,

I would like to give a special power of attorney (made online as I am out of the UAE) to an agent in the UAE for my trade license (to sell & purchase the company).

But my visa & Emirates ID expired on Dec 25, 2021. My question is, will it be possible to do a power of attorney online with my passport instead of Emirates ID?

Also, if it's possible, can I directly appear in court for selling or signing a share transfer agreement or amendment in MOA for the purpose of selling with my passport?

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Elnaggar & Partners
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22 Feb 2022, 07:20

Hi,

You cannot do POA online without EID because they send OTP that you need to provide in order to finalize the POA.

Yes, you can appear before the notary with your passport to sell or sign the shares' transfer as long as you are authorized in the MOA of the company.

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