At the first licence period (12 months), the company must file:
commercial licence renewal;
data protection declaration;
annual return (confirming the details regarding directors, shareholders etc are correct); and
annual accounts (the level of disclosure and requirement for audit depends on the company’s revenue).
Ongoing filing requirements also apply. For example, if there is a change of director, a director changes their residential address or shares are allotted or transferred, a notification must be filed with the ADGM Registration Authority. Please inform Clara Formations immediately as some notifications must be filed with ADGM within 14 days.