Task:                     

[07.010-ADGM] - CORP SUPPORT # MAINTAIN LOCATION OF COMPANY RECORDS

Purpose:             

This application form must be submitted by ADGM registered companies (except branches) to notify the ADGM RA of a change of the location of the company’s records or is a Limited Liability Partnership and it changed the location of the partnership's records.

Legal Entities:    

Companies (except branches), Limited Liability Partnerships (“LLPs”)

Questions:         

1) Which of the Company’s/LLP’s records have been moved to a new location (see fines list for detailed options)?

                               

2) Are the records of the Company/LLP being moved back to the registered office address?

                               

3) Do we have access to the client’s entity profile on the KOUNTED portal? If not, this must be requested via ORS.

                               

4) What is the address of the alternative location?

                               

5) What is the date that the records were moved?

Pay Attention:   


1)      There are different fine levels for different records (see fines for details).


2)      It is possible to move the records from an alternative location back to the registered office address.

Submission:       

Online via the ADGM RA portal https://newreg.adgm.com/

                               

For Companies: Use the Application Form “Maintain Location of Company Records”

                               

For Limited Liability Partnership: Use the Application Form Maintain Location of Partnership Records”

Timeline:             

within 14 days for Companies and Limited Liability Partnership (the same fee applies to both)

Timeframe:        

KOUNTED 1-2 working days including drafting the online application, provided all the relevant information has been provided


ADGM: 3-5 working days, returns and timeframe for approval subject to review.

Supporting documents:

1)      For Companies:

Evidence of approval for the change of location of the company records (e.g. resolution)

 

2)      For Limited Liability Partnership:

Evidence of change of location of the partnership records (e.g. resolution)

 

Applicable Legislation:   

                                               

ADGM Limited Liability Partnerships Regulations

https://en.adgm.thomsonreuters.com/rulebook/limited-liability-partnerships-regulations-2015-0

KOUNTED Fees:

Please add the KOUNTED fees

ADGM Fees:      

USD 100/- for Companies and Limited Liability Partnership (the same fee applies to both)

Fine:                     

1) For Companies (except branches)

• Register of members/ shareholders - USD150

• Register of Directors residential addresses - USD150

• Register of Secretaries - USD300

• Directors service contracts - USD150

• Directors indemnities - USD300

• Records of resolutions - USD150

• Contracts relating to the purchase of own shares USD300

• Documents relating to redemption or purchase of own shares out of capital by private company - USD25,000

• Register of debenture holders - USD5,000

• Report to members of the outcome of an investigation by the public company into interests in its shares - USD300

• Register of interests in shares disclosed to a public company - USD300

• Instruments creating charges - USD300

2) For Limited Liability Partnership:

• Register of members/ shareholders - USD150

• Register of debenture holders - USD5,000

• Instruments creating charges - USD300

 LINKED FILES: