Task:                     

[07.026-ADGM] - CORP SUPPORT # APPOINTMENT AND/OR CESSATION OF AUTHORIZED SIGNATORIES

Purpose:             

This application form must be submitted to notify the ADGM RA of the appointment and/or cessation of Authorized Signatories, noting that there must be at least one authorised signatory always appointed for all ADGM registered entities.

Legal Entities:    

Companies, Partnerships, Foundations

Questions:         

1) Will there be an appointment and/or cessation of authorised signatories?

                               

2) What is the respective appointment/cessation date?

                               

3) For new appointments:

·         Is/are the new authorised signatory(ies) UAE, GCC nationals and/or UAE residence visa holders or have they at lease entered the UAE once?

·         Is/are the new authorised signatory(ies) acting in a nominee capacity for another person? 

                               

4) For cessation: Did the authorised signatory(ies) resign or were they removed?

                               

5) Request for the supporting documents as below.

Pay Attention:   


1)      All authorized signatories must have at least entered the UAE once and at least one of them is a GCC national or a holder of a valid UAE residence visa)


2)      This application must be filed prior to filing the commercial license renewal if the change happened prior to the renewal date.


3)      Note that CSPs and others may act as so called nominee authorised signatories to meet the UAE residence visa requirements, but the person on whose behalf they are acting must be declared via the online application form and their full KYC must be provided in addition to that of the nominee authorised signatory whose name will appear on the commercial license (the person on behalf of the authorised signatory is acting will NOT appear on the commercial license).

Submission:       

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

                               

Use the Application Form “Appointment and Cessation of Authorised Signatory(ies)”

Timeline:             

As soon as practicable after the change occurred.

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. Authorised signatories are subject to a third-party security clearance from the UAE authorities and delays in this process (beyond the control of the ADGM RA) may extend the review and approval timeframe.

Supporting documents:

                               

Appointment 

1. Evidence of Appointment (e.g. resolution approving the appointment)

2. Valid passport copy of new signatory.

3. Valid Emirates ID (for Non-GCC nationals only)

4. UAE residence visa (if applicable) 

5. No Objection Certificate (Applicable if the authorized signatories are sponsored by

a parent, spouse, or government entity)

6. Consent to Act as authorised signatory

 


Cessation 

7. Resignation Letter

8. Evidence of Cessation (e.g., a resolution approving the cessation)

 

Applicable Legislation:   

KOUNTED Fees:

Please add the KOUNTED fees

ADGM Fees:      

USD 100/-

Fine:                     

none

 

LINKED FILES: