A General Manager POA is a type of Power of Attorney and it is an official document that gives your company’s General Manager the legal right to act on your behalf. It’s like giving your GM the authority to make decisions, sign papers, and manage day-to-day business, just as you would if you were doing it yourself.
With this POA, your General Manager can:
- Sign contracts and legal agreements
- Represent the company before government authorities
- Manage company finances and banking tasks
- Oversee daily operations and administrative duties
In this setup:
- You (the owner/shareholders) are called the "Principal", the one giving the authority
- Your General Manager is the "Agent", the one receiving the authority
- The Notary Public in the UAE (or the UAE Embassy abroad) is the legal authority responsible for officially attesting and verifying the GM POA to ensure it’s valid and enforceable under UAE law
It's important to note that the powers granted by a Power of Attorney apply only to company matters, not personal ones. A GM POA is essential in the UAE for businesses where owners are unavailable or based overseas but still want their company operations to run smoothly and legally.