Document background
The Nomination Acceptance Letter is a crucial document in UAE corporate governance, required when individuals are nominated to serve on company boards or in similar corporate positions. This document is mandated by UAE Federal Law No. 2 of 2015 and subsequent amendments, particularly for public joint-stock companies and regulated entities. The letter serves multiple purposes: it formally documents the nominee's acceptance, confirms their eligibility under UAE law, declares their independence status, and acknowledges their understanding of duties and responsibilities. For listed companies, additional requirements from the Securities and Commodities Authority must be addressed in the acceptance letter. The document forms part of the corporate records and may be required for submission to regulatory authorities or free zone administrators.
