Abu Dhabi Global Market, or simply ADGM, is an International financial centre in the United Arab Emirates that opened in 2013 and has since issued around 2500 registrations. It is a key player with a lot of potential for many business owners.
If you're thinking about selling up in the UAE, specifically ADGM, this blog will walk you through all of the necessary requirements. While the setup technique is not unduly complicated, it does necessitate some professional knowledge to guarantee that it is both simple and compliant. As a result, it's essential that you engage with a company formation professional to ensure that all of the important aspects are taken care of and that your business gets off to the best possible start. So, in this blog, Dhanguard go over everything you need to know.
ADGM is a global financial free zone governed by English common law (the first time English Common Law has been directly applied in the Middle East). The Registration Authority (RA), the Financial Services Regulatory Authority (FSRA), and the ADGM Courts are the three independent authorities that oversee it.
Financial services, professional services, technology, and other industries are welcome, and it is well-known as a desirable location for corporate headquarters, holding companies, and Special Purpose Vehicles (SPVS) it is situated in a region with easy access to the remainder of the Middle East, as well as the European and African continents. In short, by establishing your business here, you're ensuring the highest possible chance of success in a reputable financial centre.
ADGM is known around the world for its business-friendly ecosystem, so if you're looking to buy real estate, shares in other companies, or hold other assets (including intellectual property), it's worth looking into.
Here are just a few of the many advantages available at ADGM.
When it comes to forming a company in ADGM, there are several processes to follow, and a thorough study of a variety of topics is essential, including company structures and the licensing process itself.
Let's have a look at some of the most important aspects of ADGM setup
To acquire a precise quotation, contact Dhanguard. We will provide you a quote that is suited to your specific needs. However, creating a holding company or Special Purpose Vehicle for the first year should cost around AED 3,000. The ADGM license cost is combined with fees for an office address and professional services to arrive at this total. The ADGM cost is reduced to AED 1.200 in the second year.
If you believe this is the appropriate move for you, simply contact Dhanguard to set up your new company and begin the next chapter in your professional life.
Is it Possible for a Foreigner to Establish a Holding Company in the UAE?
Yes, a foreigner can establish a business in ADGM, which allows for 100 percent foreign ownership of UAE holding corporations. Financial and non-financial business operations are both open for applications.
If you think starting a business in ADGM is the correct option for you, call Dhanguard to get your new company set up and begin the next chapter of your life.
Dhanguard Business Consultants have extensive experience in assisting with all aspects of business setup and related services in ADGM. Our consultants will assist you with the registration of your company, the issuance of licenses, and the management of your firm. Connect with Dhanguard for more details.
Dhanguard provides the business setup and company formation services in Dubai, UAE with the guidance of our professional team of consultants. Faster and hassle-free company setup in Mainland and Freezone in UAE.
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