UAE Free Zone Corporate Resolution Templates 2026 — Board and Shareholder Resolutions
UAE free zone companies routinely need board and shareholder resolutions for various actions. Here is the 2026 guide on corporate resolutions with template wording.
In this guide:
When Are Corporate Resolutions Required?
- Opening a bank account: Bank typically asks for board resolution authorizing account opening and naming authorized signatories
- Changing signatories: New authorized signatory at bank
- Major contracts: Some clients/counterparties ask for resolution authorizing CEO to sign
- Internal governance: Document major company decisions (new shareholder, new activity, etc.)
Board Resolution — Template Wording (Bank Account Opening)
RESOLVED by the Board of Directors of [Company Name] FZE on [Date] as follows:
- 1. That the Company shall open a business bank account with [Bank Name]
- 2. That [Name], [Title], holding passport number [Number], is hereby authorized to operate the bank account on behalf of the Company including signing cheques, effecting wire transfers, and conducting all other banking transactions
- 3. That the authorized signatory shall act individually / jointly [choose one] in exercising the authorities granted herein
Shareholder Resolution — Template Wording (Dividend Declaration)
RESOLVED by the Shareholders of [Company Name] FZE on [Date] as follows:
- 1. That the Company shall pay a dividend of AED [Amount] per share, amounting to AED [Total] in aggregate
- 2. That the dividend shall be paid to shareholders in proportion to their shareholding as recorded on [Date]
- 3. That payment shall be made by [Method] on or before [Date]
Signing and Execution
- Who signs: All directors (or a quorum if specified in MOA)
- Company stamp: Affix company seal/stamp to resolution
- Date: Must be dated; must not be backdated
- Original or certified copy: Banks prefer original or certified copy; some accept scanned copy