AIFC ANNUAL RETURN

Annual Return is an annual report that companies registered in the AIFC are required to submit to the Companies Register. It contains key information about the company, including details of shareholders, share capital, directors, etc.
It must be submitted by:

• public companies;
• private companies with a turnover exceeding USD 500,000 or with more than 20 shareholders;
• foundations;
• private companies that have not opted to file an annual confirmation statement.

The submission deadline is within 6 months after the end of the financial year.

Annual Accounts are the company’s yearly financial statements, including accounting (financial) reports for the past financial year.
Depending on the turnover, companies in the AIFC are required to submit:

• Audited financial statements — if the annual turnover exceeds USD 5,000,000;
• Unaudited financial statements — if the turnover is between USD 500,000 and USD 5,000,000.

Submission is also mandatory for foundations, Limited Liability Partnerships (LLPs), and Non-Profit Incorporated Organisations (NPIOs), depending on their turnover.

• The deadline for submission is within 6 months after the end of the financial year.

Annual Return and Annual Accounts are submitted through the Digital Resident portal. In practice, both forms are usually filed together.
What is required:

• Balance Sheet;
• Profit and Loss Statement (P&L) for the previous financial year.

Fee: $10 – submission fee via the online portal.
Important: Special Purpose Companies (SPCs) and Authorised Firms may have specific reporting forms — we recommend checking the current requirements on the official AFSA website.

KD LEGAL will help you prepare all necessary documents and ensure timely submission.