Task:
[07.013-ADGM] - CORP
SUPPORT # MAINTAIN AUTHORIZED SIGNATORIES DETAILS
Purpose:
This
service is used to notify the ADGM RA of a change in any of the details of
Authorised Signatories, including identification documents, to comply with the
obligation of all entities registered in the ADGM to keep their information
with the ADGM RA up to date. Includes, but is not limited to, a change of name,
change of service address, updating an expired passport or national change.
Legal Entities:
companies,
Partnerships, Foundations
Questions:
1) Do we
have access to the client’s entity on the KOUNTED dashboard? If not, an ORS
form needs to be filed first to gain access because only users with authority
over the entity can file this request.
2) What details
have changed?
3) In the case
of a change of name or nationality, supporting documentation such as new ID
documents and passport copies will be required.
4) What was the
effective date of the change?
5) Has the
authorised signatory’s UAE residence visa or Emirates ID card expired?
Pay Attention:
1) Passport
copies of any and all nationalities including previous nationalities must be
provided.
2)
Passport copies and UAE Emirates ID card copies/UAE residence visa copies
should be updated via this service.
3)
If the sole authorized signatory ceases to be a UAE resident, another
authorized signatory who is a UAE resident/UAE national or GCC national should
be appointed.
Submission:
Online via
the ADGM RA portal https://newreg.adgm.com/
Use
the Application Form “Maintain Authorised Signatory Details” available on the
Authorised Signatory tab of each registered entity
Timeline:
As soon
as practicable after the change occurred
Timeframe:
KOUNTED 1-2
working days including drafting the online application
ADGM: 3 working
days, but the ADGM RA reserves the right to return the application for
revision/further clarification, which would increase the review timeline.
Supporting documents:
As
noted above, updated ID documents, i.e. Passport copies and UAE Emirates ID
card copies/UAE residence visa copies as applicable
Applicable Legislation:
ADGM
Companies Regulations https://en.adgm.thomsonreuters.com/sites/default/files/net_file_store/ADGM1547_20963_VER202402.pdf
ADGM
Commercial Licensing Regulations https://en.adgm.thomsonreuters.com/sites/default/files/net_file_store/ADGM1547_16481_VER20240401.pdf
KOUNTED Fees:
Please add the
KOUNTED fees
ADGM Fees:
USD 100/-
Fines:
none