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DIFC/ADGM

Last Update 3 years ago

Do ADGM companies need to prepare and maintain accounts? What should be the accounting year for ADGM companies? Who is responsible for preparing the accounts? Are there any accounts filing requirements? What is the definition of a small company?

What documents should be filed with the Registration Authority?

KPI Marketing

Last Update 3 years ago

Requirements for preparation and submission of accounts:

  • Annual accounts must be denominated in United States Dollar (US$)
  • Balance Sheet must be signed on behalf of the board by a Director or a Company Secretary with the name of the person must be stated on the Balance Sheet
  • The Director’s Report must accompany the Audited Accounts and the must be signed by a Director
  • The Auditor’s Report must state the name of the Audit Firm and the name of signing auditor. 

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