Commercial Agency Contract

Commercial Agency Contract

With the help of this service, you may record a contract in which the principle selects an agent to represent him while distributing, providing, or presenting a good or service inside the UAE in exchange for a fee or commission.

1,522.50 AED 2,992.50 AED

Details

This service enables you to record a contract whereby a principal selects an agent to act on his behalf while distributing, providing, or presenting a good or service inside the United Arab Emirates in exchange for a fee or commission.

  • Original ID card with a backup for records
  • One copy of the “contract” document must be certified for each party involved, in addition to a copy for recordkeeping.
  • A notarized power of attorney with an original for inspection and a copy for the records in the event of a proxy.
  • Notary Public Fees (not including our charges)
  • For any contract/ document of less than AED 50,000 or of unspecified value: Fee AED 500.
  • For any contract/ document of more than AED 50,000 and less than AED 200,000: Fee AED 1,000.
  • For any contract/ document of more than AED 200,000: Fee 0.5% of the document value, capped at AED 20,000.
  • Presence of the principal before the Notary Public.
    If the principal is a representative of another principal, he should bring his original POA, comply with the powers granted to him by his principal, and have the right to appoint others.
  • If the document is not in Arabic, it should be translated by a legal translation office certified by the Ministry of Justice.
  • Any document issued outside the country must be authenticated by the competent authorities (Ministry of Foreign Affairs).
  • The POA clauses shall be clear and explicit, without any erasure or deletion.
  • Practicing the functions of commercial agents shall be limited to UAE nationals, whether individuals or companies that are fully owned by UAE nationals.

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