Affidavit Of Good Faith for United Arab Emirates

Affidavit Of Good Faith Template for United Arab Emirates

An Affidavit of Good Faith is a formal legal document used in the United Arab Emirates where an individual or corporate representative makes a sworn statement declaring their honest intentions and truthful actions in relation to a specific matter. The document must comply with UAE Federal Laws, including the Law of Evidence and Civil Procedure Law, and typically requires notarization by a UAE-licensed notary public. It serves as official evidence in legal proceedings and business transactions, providing assurance of the declarant's sincerity and honest conduct in the matter at hand.

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What is a Affidavit Of Good Faith?

An Affidavit of Good Faith is a crucial legal instrument in the United Arab Emirates' legal framework, commonly used when parties need to formally declare their honest intentions and truthful conduct. This document is particularly relevant in business transactions, legal proceedings, and regulatory compliance matters where formal assurance of good faith is required. The affidavit must be executed in accordance with UAE Federal Laws and typically requires notarization to be legally valid. It can be used in various contexts, from commercial disputes to regulatory filings, and serves as evidence of the declarant's honest intentions. The document is especially important in situations where transparency and trust need to be formally established, such as in business negotiations, regulatory submissions, or legal proceedings.

What sections should be included in a Affidavit Of Good Faith?

1. Title and Jurisdiction: Clearly states this is an Affidavit of Good Faith and the jurisdiction (UAE)

2. Declarant Information: Full legal name, nationality, Emirates ID number, and address of the person making the affidavit

3. Oath/Affirmation Statement: Formal statement confirming the declarant is making the statement under oath or affirmation

4. Purpose Statement: Clear statement of why the affidavit is being made and its intended use

5. Facts and Declarations: Numbered paragraphs containing the specific facts being attested to

6. Good Faith Statement: Express declaration that all actions and statements referenced were made in good faith

7. Verification Statement: Declaration that all information provided is true and correct to the best of the declarant's knowledge

8. Execution Block: Space for signature, date, and notary attestation

What sections are optional to include in a Affidavit Of Good Faith?

1. Supporting References: References to specific laws, contracts, or documents relevant to the good faith declaration

2. Third Party Confirmations: When the good faith declaration involves or affects other parties, their details and roles

3. Previous Related Actions: History of related actions or previous declarations, if relevant to establishing good faith

4. Capacity Statement: When the declarant is acting in a specific capacity (e.g., corporate officer, trustee)

5. Language Certification: If the affidavit is in multiple languages or requires translation, certification of accuracy

What schedules should be included in a Affidavit Of Good Faith?

1. Identity Documents: Copies of declarant's identification documents (Emirates ID, passport)

2. Supporting Documents: Any relevant documents supporting the good faith declaration

3. Power of Attorney: If applicable, document authorizing the declarant to make declarations on behalf of another

4. Translation Certificate: If document is translated, certified translation and translator's credentials

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Genie AI

Document Type

Affidavit

Cost

Free to use
Relevant Industries

Legal Services

Banking and Finance

Real Estate

Insurance

International Trade

Manufacturing

Healthcare

Education

Construction

Retail

Professional Services

Government and Public Sector

Transportation and Logistics

Relevant Teams

Legal

Compliance

Corporate Secretariat

Executive Leadership

Risk Management

Human Resources

Operations

Administration

Regulatory Affairs

Contract Management

Relevant Roles

Legal Counsel

Compliance Officer

Corporate Secretary

Chief Executive Officer

Chief Financial Officer

Managing Director

Business Development Manager

Contract Manager

Risk Manager

Human Resources Director

Operations Manager

Project Manager

Company Director

General Manager

Administrative Officer

Legal Administrator

Regulatory Affairs Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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