Execution time: 40-50 minutes
Consultation while executing: free of charge
Documents for an individual: Passport, TIN, Original Power of Attorney for substitution
Documents for a legal entity representative: Protocol and order, (or other credentials of a signatory), Articles of association, extract and seal, Passport and TIN of a signatory, Original Power of Attorney for substitution
An attorney (the one to whom the power of attorney is drawn up) does not have to be present! Only his data is required: full name, registration address, TIN, date of birth, passport details (if necessary).
When notarising a power of attorney, a notary may ask whether you want to include a provision on elegation of powersd. What does it mean? In such case, a power of attorney for delegation of powers means that your attorney may delegate his/her powers under the power of attorney, if necessary, partially or in full, to other persons that you may even have no idea about. If you have no objections and want to confer your attorney with such powers, you need to include this provision to the text of a power of attorney formalised by a notary.
To notarise a power of attorney for delegation of powers, an attorney, having his/her original basic power of attorney, should apply to a notary (not necessarily to that one who notarised the basic power of attorney).
Prior to formalising a draft power of attorney for delegation of powers, a notary must verify the following: