Business Setup
Abu Dhabi and Umm Al Quwain
Abu Dhabi Global Market Free Zone (ADGM)
Abu Dhabi Global Market (ADGM) is an international financial centre and free zone located on Al Maryah Island in the United Arab Emirates’s capital, Abu Dhabi.
The Abu Dhabi Global Market (ADGM) Free Zone is an ideal location for investors to set up a company in the financial sector, especially private banking, wealth management, and asset management. The Abu Dhabi free zone provides an efficient and robust business environment for the firms operating in the financial service industry.
ADGM’s three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts – ensure that the business-friendly environment operates in line with international best practice that are recognised by major financial centres across the world.
Advantages of ADGM Company Setup
- 100% foreign ownership
- 0% tax for 50 years
- Zero restrictions on the repatriation of capital and profits
- Common law jurisdiction
- Simple and convenient business procedures
- Availability of dedicated skilled professionals
- No requirement to have corporate documents attested and legalized (in most cases)
- No physical office space required in ADGM. As a registered agent, the Sovereign will provide registered addresses for special purpose vehicles (SPVs)
- No restrictions on nationality for the purposes of share ownership
How to Set Up a Business in ADGM Free Zone?
For companies looking to set up a business in Abu Dhabi Global Market free zone, there are many options available. One can open a business limited by shares where the presence of at least 2 directors is mandatory, or you can open a branch of the company already established in the UAE or any foreign land. Now, coming to set a business in Abu Dhabi’s financial market, each business is required to fill out the application forms online through ADGM online registry solutions.
Procedure in setting-up a Business in the ADGM Free Zone
Business Development
A special business development team to discuss the requirements of your business is provided, after which you can complete the business application form through online registry solutions and submitting it after filling the same.
Registration and Incorporation
After you get an approval from the authorities for the business application, proceed to complete the online registration/incorporation form. You are also required to submit all the documents mentioned in the form.
Commercial License
Once you get the approval for the filled registration form, a commercial license will be issued within a few days. If all the documents are provided correctly then it will not require more than a week for the approval.
Government Services
Apply for a FAWRI account and Establishment Card. They are mainly required in order to apply for ADGM issued visas.
FAWRI Account
Every company needs to be registered in the Fawri’s system so that it can proceed with the visa processing.
Establishment Card
An Establishment Card is needed for all services related to the visas and is mandatory for all new companies in ADGM.
Start your Business now with a Free Zone License
For required documents, setup fees and other related information, feel free to contact us.
