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Do shareholders and directors need to update ADGM if their details change?
Do shareholders and directors need to update ADGM if their details change?
Kathryn Burke avatar
Written by Kathryn Burke
Updated over a week ago

Yes, and in most circumstances the change needs to be filed with ADGM within 14 days or a fine may be issued against the company.

The changes that may trigger a filing requirement include:

  • A change in the residential address of a Director, Authorised Signatory, Shareholder and Data Protection Contact;

  • A change in the name of a Director, Authorised Signatory, Shareholder and Data Protection Contact. This could include a change following marriage, or the change in the name of a corporate entity that is a shareholder;

  • The resignation or appointment of a Director, Authorised Signatory and Data Protection Contact;

  • Amendments to the Articles of Association of a company;

  • A change in the shareholding of the company. This could be because of an allotment of shares, a share transfer or a share buy back.

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