If you would like to appoint Clara to manage your existing ADGM Operating Entity (such as Category A, B, and C, and Tech Startups), there are a few quick steps required:
Change of Authority Form: we will prepare a change of authority form to be signed by the Authorised Signatory of your ADGM Entity. This will be submitted to ADGM and will provide Clara with sole access and management of the ADGM portal for your ADGM Entity. It is a condition of our service that Clara has the sole ADGM portal access for any company in our management and therefore your ADGM portal access will be revoked.
Board Resolution: we will prepare a board resolution to be signed by the directors of the ADGM Entity approving Clara's appointment to manage your ADGM Entity according to our terms of service and approving a change of location of the company's records to Clara's registered office address as we will be taking over the management of these records at our office location.
These documents will be sent out via DocuSign for digital signature before being submitted to ADGM.
How much does it cost?
There is one compulsory filing when appointing Clara to manage your ADGM Entity and that is to update the address at where the company's records are located. Please contact Clara for fee information.
Otherwise, Clara does not charge any transfer-in fees and your next fees will be at the time of renewing your ADGM Entity or when you need to make any changes to your ADGM Entity.
How do I get started?
We will require some documents and information from you on your ADGM Entity so that we can complete our compliance review and prepare the documents required. You will need to complete our online questionnaire.
We will then issue our invoice for payment and prepare the documents that need to be signed and submitted to ADGM. ADGM usually grants access within 1-2 business days from submitting the request.