If your ADGM entity is required to appoint an auditor pursuant to the Regulations, its Articles, or the officers wish to appoint an auditor by choice, then a board resolution is required to be signed by all directors to confirm the appointment of the auditor. This board resolution must then be filed with ADGM to make the appointment.

If the reason for appointing the auditor is that the ADGM entity is a medium sized company or bigger (see table below for the thresholds for each size), then it is mandatory to appoint an ADGM Recognised Auditor. ADGM maintains a list on their website.

In order to proceed with the appointment, you will need to provide Clara with a copy of the engagement letter for the auditor. Clara will prepare the necessary resolutions for the appointment and file the application with ADGM. Fees apply.