You need to register as a third-country audit entity when you perform audits of annual or consolidated accounts of companies:
- Who are incorporated in a third country; that is a country outside the European Economic Area.
- Whose transferable securities are admitted to trading on a regulated market in the Netherlands.
You are not required to register when your organisation already has a licence from the AFM for performing statutory audits in accordance with the Audit Firms Supervision Act. Neither is a registration required for audit clients that only issue bonds or other negotiable debt instruments with a nominal value per bond of not less than €50,000 or in case of denomination in another currency a value equivalent to €50,000.