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Affidavit Of Income for United Arab Emirates

Affidavit Of Income Template for United Arab Emirates

A legally binding sworn statement document used in the United Arab Emirates that formally declares an individual's income from all sources. This document, which must be executed before a UAE-authorized notary public, provides a comprehensive overview of the declarant's financial status, including employment income, business revenues, investments, and other sources of income. The affidavit complies with UAE Federal Laws, particularly UAE Federal Law No. 4 of 2013 regarding notarization, and serves as an official record for various legal and administrative purposes within the UAE jurisdiction.

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Affidavit Of Income

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What is a Affidavit Of Income?

An Affidavit of Income is a crucial legal document frequently required in the United Arab Emirates for various official purposes, including visa applications, loan proceedings, custody matters, and financial verification requirements. This sworn statement, executed under UAE law, provides a comprehensive declaration of an individual's income sources and financial status. The document is particularly important in the UAE's regulatory environment, where formal income verification is often required by government authorities, financial institutions, and courts. The affidavit must be notarized by a UAE-authorized notary public and typically includes supporting documentation such as salary certificates, bank statements, and other financial records to substantiate the declared income. It serves as a legal testament to an individual's financial status and carries serious legal implications for false declarations under UAE law.

What sections should be included in a Affidavit Of Income?

1. Personal Information: Declarant's full legal name, Emirates ID number, passport details, and current residential address

2. Declaration Statement: Standard opening statement declaring that the information is being provided under oath

3. Employment Status: Current employment status, employer details, position, and duration of employment

4. Primary Income Sources: Detailed breakdown of regular employment income, including salary, allowances, and bonuses

5. Additional Income Sources: Declaration of other income sources such as investments, rental income, or business interests

6. Total Income Calculation: Summary calculation of total monthly and annual income from all sources

7. Verification Statement: Statement confirming the truthfulness and accuracy of the declared information

8. Execution: Space for signature, date, and notary attestation as per UAE requirements

What sections are optional to include in a Affidavit Of Income?

1. Business Income: Section for detailing business ownership and income if the declarant owns or has shares in business entities

2. Foreign Income: Section for declaring income from sources outside the UAE, if applicable

3. Dependent Support: Details of any dependent support payments being made or received, if relevant to the purpose of the affidavit

4. Debt Obligations: Section listing current debt obligations and monthly payments, if relevant to the purpose

5. Asset Declaration: Detailed list of assets owned, if required for the specific purpose of the affidavit

What schedules should be included in a Affidavit Of Income?

1. Schedule A - Income Documentation: Copies of salary certificates, pay slips, or other income verification documents

2. Schedule B - Bank Statements: Recent bank statements supporting the declared income

3. Schedule C - Tax Documents: Any relevant tax returns or tax documentation, if applicable

4. Appendix 1 - Supporting Documents: List of all supporting documents attached to verify the declared income

5. Appendix 2 - Currency Conversion: Currency conversion calculations if income is received in multiple currencies

Authors

Alex Denne

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

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions






























Clauses




















Relevant Industries

Banking & Financial Services

Legal Services

Real Estate

Immigration Services

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Corporate Services

Administration

Customer Service

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Relevant Roles

Financial Advisor

Loan Officer

Immigration Consultant

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HR Manager

Compliance Officer

Bank Manager

Visa Processing Officer

Property Manager

Account Manager

Risk Assessment Officer

Financial Controller

Corporate Secretary

Legal Administrator

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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