ADGM Company Formation & Registration

ADGM Company Formation

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ADGM Business Setup

ADGM, or Abu Dhabi Global Market, is a distinguished free zone strategically situated on Al Maryah Island, the financial district of Abu Dhabi, the capital city of the United Arab Emirates. 

Established to foster a thriving business environment, ADGM serves as a critical hub for both local and international companies seeking to establish a presence in the region. As of the latest figures, ADGM is home to approximately 2,088 active businesses, showcasing its appeal and effectiveness in attracting a diverse range of enterprises.

While ADGM is primarily designated for the financial services sector, it is also a versatile ecosystem that accommodates various other industries, including retail, Special Purpose Vehicles (SPVs), and non-financial businesses

This inclusivity allows companies from different sectors to benefit from ADGM’s robust regulatory framework, which is designed to promote transparency, stability, and investor confidence. The comprehensive legal and regulatory infrastructure supports businesses in navigating the complexities of financial markets, making ADGM an ideal location for firms engaged in banking, investment management, insurance, and other financial services.

ADGM offers numerous advantages to businesses, including access to a skilled workforce, world-class amenities, and a vibrant community of entrepreneurs and innovators. 

The free zone is equipped with state-of-the-art facilities and services that facilitate efficient operations, including modern office spaces, meeting rooms, and collaborative workspaces. Furthermore, ADGM hosts a variety of events, seminars, and workshops, providing networking opportunities and fostering collaboration among industry leaders.


ADGM Business Setup Advantages

Full Foreign Ownership

International businesses do not require a local Emirati sponsor to be a partner to operate, maintaining 100% ownership.

Tax Incentives

Businesses enjoy a tax holiday for 50 years, also there is no withholding tax on dividends, interest, or royalties.

Independent Regulatory Authority

Operating under the Financial Services Regulatory Authority (FSRA) that ensures compliance with international standards whilst maintaining customized industry laws.

Modern Infrastructure

ADGM offers state-of-the-art office spaces with excellent infrastructure, meeting facilities, and support services.

Double Taxation Treaties

The UAE has taxation agreements with over 135 countries that prevent businesses from paying tax on the same income twice.

Common Law Framework

The English Common Law is practiced in the jurisdiction, which is widely recognized and trusted by international businesses. 

Strong Business Ecosystem

ADGM fosters a collaborative ecosystem that encourages business networking, partnerships, and growth.

Innovation and Fintech Hub

 It offers sandbox programs and innovation licenses to startups and tech companies, including testing their products and services in a controlled environment.

License Available in ADGM

Financial Services License: For businesses engaged in financial activities, including banking, asset management, insurance, investment funds, brokerage, and other financial services.
Non-Financial License: For businesses involved in non-financial activities, such as education, manufacturing, hospitality, media, logistics, general trading and others.
Special Purpose Vehicle (SPV) License: SPVs are used for holding, financing, or isolating financial and legal risks, including asset holding, intellectual property rights management, and structured finance transactions.
Professional Services License: For businesses providing specialized services such as management consultancy, legal services, marketing consultancy, IT, and more.
Tech Startup and Innovation License: Tailored for tech-driven startups and fintech companies.
Retail License: For businesses operating in the retail sector, including physical outlets, restaurants, cafes, and other retail-related activities.
Fund Management License: For specific financial businesses involved in managing investment funds, whether private equity, venture capital, or real estate funds.
Family Office License: Tailored for family-owned businesses and private wealth management entities.
Freelancer License: For individuals looking to offer professional or consultancy services on a freelance basis.
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ADGM Business Setup Process

Timeline: 4 to 8 weeks

01 Initial Consultation

Engage with ADGM representatives or a business consultant to discuss your business requirements, industry focus, and licensing needs.

Takes 1 to 2 days

02  Submit Application

Complete and submit the online application through the ADGM portal, providing essential details.

Takes 1 day

03   Name Reservation

ADGM reviews the application and reserves the company name, ensuring it complies with their naming conventions and guidelines.

Takes 1 day

04 Pre-Approval

ADGM conducts due diligence on the company and its shareholders, which includes background checks and assessments of the proposed business activities.

Takes 3 to 5 days

05 Document Submission

Gather and submit all required documentation.

Takes 3 to 5 days

06 Payment of Fees 

Pay the necessary registration and licensing fees associated with establishing the business in ADGM.

Takes 1 day

07  License Issuance 

Once all documents are approved and fees are paid, ADGM issues the business license, allowing operations to commence.

Takes 3 to 5 days

08 Office Space Setup

Secure office space within ADGM and sign a lease agreement. 

Takes 3 to 10 days

09Visa Processing 

Apply for visas for shareholders and employees. 

Takes 10 to 15 days

10Bank Account Opening

Open a corporate bank account in Abu Dhabi after obtaining the business license.

Takes 1 to 2 weeks

Documents Required in ADGM

Required documents vary based on the legal structure of the business: Private Limited Company, Limited Liability Partnership, Branch of a Foreign Company, Special Purpose Vehicle (SPV), Foundation and Fund (e.g., QIF or Exempt Fund).

Entity Type Required Documents
Private Limited Company (PLC) Articles of Association (AoA)
Shareholders' passport copies
Director(s) details
Proof of registered office address
Board resolution for company formation (if applicable)
Limited Liability Partnership (LLP) Partnership Agreement
Partners' passport copies
Details of managing partners
Proof of registered office address
Resolution of the partnership for company formation
Branch of a Foreign Company Certificate of Incorporation of the parent company
Memorandum and Articles of Association of parent company
Board resolution approving branch setup
Passport copy of branch manager
Power of attorney for branch manager
Special Purpose Vehicle (SPV) Incorporation documents (shareholder structure
Passport copies of shareholders
Registered office address proof
Board resolution for SPV formation
Details of directors and company secretary
Foundation Charter and By-laws
Founder(s) passport copies
Board of Governors details
Proof of registered office address
Asset contribution agreement (if applicable)
Fund (e.g., QIF or Exempt Fund) Fund documentation (e.g., Fund Prospectus, Fund Management Agreement)
Director(s) passport copies
Details of fund manager and investment committee
Proof of registered office address
Approval from the Financial Services Regulatory Authority (FSRA)

License Cost in ADGM

The cost of setting up a business in ADGM varies depending on the type of license you require, the starting price of all licenses is AED 73,460 ($20,000).

In addition to the license fees, other potential costs include office space, which can vary significantly based on location and size. Local sponsor fees if applicable and visa and permit costs also add to the overall expenses.

*Note the price is an estimate and will vary in reality. For an accurate cost breakdown, get in touch with our consultants.

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Frequently Asked Questions

How much does an ADGM license cost, and are there any upcoming fee revisions?
What is the minimum number of directors required for an ADGM company?
Can an ADGM company own property in Dubai?
What are the name restrictions for ADGM company registrations?
What are ADGM Exempt Funds, and what are their requirements?
Does UAE Federal Labour Law apply to ADGM entities?