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Business Setup in Abu Dhabi Global Market, UAE

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Company Formation in ADGM – Abu Dhabi Global Market

Be a part of the ever-growing international hub of business and trade with ADGM company formation!

AGDM (Abu Dhabi Global Market) is an awarded and accredited international financial center in Al Maryah Island, UAE. It helps foreign investors/business entities in benefitting from Abu Dhabi’s powerful and business-friendly economy. It is established as three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA), and ADGM Courts. All these bodies ensure the formation and monitoring of financial operations for non-natives willing for a business setup in the UAE.

Company formation in ADGM falls strictly under – Federal Law No (8) of 2004, Federal Decree No (15) of 2013, Cabinet Resolution No (4) of 2013, and Abu Dhabi Law No (4) of 2013. The implementation of these laws has ensured the congenial and ethical functioning of global companies without any failure. It is backed up by valid license services and Professional Support Programmes to efficiently assist company formation in the UAE.

SPV (Special Purpose Vehicle) is an attractive feature of the Abu Dhabi Global Market. SPV are corporate vehicles (usually privately held companies) formed to eliminate financial and legal risk by ring-fencing assets and liabilities. The ADGM company formation overseas offers great opportunities for individuals and companies in establishing a reputable and prosperous place in the international market.

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Business Setup in Abu Dhabi Global Market in UAE

Primary Benefits of Company Formation in ADGM

  • Absolute ownership of remote operations,
  • 100% repatriation of capital,
  • Complete exemption from personal income tax, service tax, import and export tax,
  • Possible exemption from corporate tax subject to fulfilment of conditions
  • Independent body from the UAE legal system
  • Wide use of English for easy communication (especially for the common law judicial system)
  • Follows regulatory procedures to reduce risks
  • Contemporary infrastructure and worldwide connectivity
  • A simplified and digitized process of registration
  • Shelf SPVS permitted
Benefits of ADGM

Characteristics of AGDM Company Formation

Abu Dhabi Global Market, Abu Dhabi (UAE.)

The business activities offered by ADGM are categorized into financial, non-financial and retail activities.

The commercial license is the only available option for ADGM Company Setup.

Company limited by shares, a company limited by guarantee, private company unlimited with shares/without shares, restricted scope company, partnership and branch.

Shareholders for ADGM company can be individuals or corporate entities

Individuals & corporate entities (Minimum one individual mandatory).

USD 10,000/- and above depending on activity for ADGM company setup and USD Nil/- in the case of the Branch office. (Required to be deposited in the bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in the bank pre or post-incorporation.

Annual audit report to be filed in ADGM

Minimum 3 to 4 weeks to obtain a license for the company and register a company in ADGM depending on nature of business.

Another 7-10 working days for an immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on a normal basis.

Required Documents for Application

Documents Required for ADGM Company Registration

The documents required for business setup in the UAE with ADGM depend on whether a shareholder is an individual or corporate entity. Basic requirements are:

  • Color passport copy of shareholder/director/authorised signatory,
  • Color UAE residence visa & emirates id copy of shareholder/director/authorised signatory,
  • Utility bill copy of shareholder/director/authorised signatory
  • Business Plan,
  • CV/Resume of shareholder/director/authorised signatory,
  • N.O.C. from existing sponsor for shareholder/director/authorised signatory,

Setup Process for an Abu Dhabi Global Market Company

  1. Identify the legal form of the company to be registered in ADGM,
  2. Select an activity from the ADGM activity list,
  3. Apply for name and initial approval,
  4. Payment of fees related to ADGM business setup,
  5. Sign ADGM company registration and incorporation documents,
  6. Apply for an ADGM residence visa.
Procedure

Company Formation Cost in ADGM – Abu Dhabi Global Market

ADGM SPV Company Setup cost depends on type of license and facility.

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note

Important Note

  • Shareholders or directors wishing to have UAE residency visas on the said company will need to revisit after issuance of the license, immigration card and entry permit for residence visa approval for 5 to 7 working days.

How GBS Helps

Global Business Services FZCO has helped many individuals and corporate entities to set up their businesses in ADGM. Our company acts as a one-stop solution for ADGM company incorporation services. If you are looking for company formation in ADGM, please get in touch with us for professional assistance as we are the best business setup consultants in the area.

Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in ADGM.

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Alert
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
Why Choose GBS for Company Formation Services in UAE?

Why Choose GBS for Company Formation Services in UAE?

Understanding Clients’ Needs

Understanding Clients’ Needs

As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.

Flexible Pricing & Cost Transparency

Flexible Pricing & Cost Transparency

For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers

Years of Expertise

Years of Expertise

Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.

Work Track Record

Work Track Record

As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.

We Work With Government Bodies

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