Abu Dhabi Company Formation

Abu Dhabi Company Formation Packages

Abu Dhabi Free Zone Company Formation

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Abu Dhabi Global Market (ADGM) Free Zone Company Formation

Introduction – Free Zone Focus

Abu Dhabi Global Market (ADGM) is a financial free zone based in the Emirate of Abu Dhabi. It is an international financial centre for local, regional, as well as international institutions.

ADGM has its own civil and commercial laws and provides its clients with a world-class legal system and regulatory regime. The free zone houses three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and the ADGM Courts.

ADGM operates with international best practices and provides a hassle-free, business-friendly platform for clients to operate from. It supports and develops its member institutions, providing them with the ideal regulatory framework, legal jurisdiction and appealing business environment they need to prosper.

ADGM’s legal and operational platform is ideal for a wide range of professional and business services, not only financial services. For example clients can set up family businesses, corporate headquarters and other business functions.

Furthermore, ADGM provides the perfect platform for special purpose vehicles, domicile holding companies and other structures for the holding and protection of assets.

To see Abu Dhabi Global Market’s Corporate Video, Brochure, and Google Map follow this link

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Competitive Advantages: Why ADGM?

• 100% foreign ownership
• 0% tax for 50 years
• Growing number of double tax treaties
• Zero restrictions on repatriation of profits
• Common law jurisdiction
• Simple business procedures
• Dedicated skilled professionals

Contact Details

Abu Dhabi Global Market (ADGM) Building
ADGM Square
Al Maryah Island
P.O. Box 111999
Abu Dhabi, UAE
Tel: +971 2 333 8888
Fax: +971 2 643 2394
Website: https://www.adgm.com/

Opening Hours:

Registration Authority:
9:00 am to 3:00 pm (Sunday to Thursday)

Key People

H.E. Ahmed Ali Al Sayegh, Chairman
Mohamed Al Qubaisi, Vice Chairman
Richard Teng, CEO of the Financial Services Regulatory Authority
Dhaher M Bin Dhaher Almheiri, CEO of the Registration Authority
Khalid Alsuwaidi, Chief Operating Officer

ADGM’s Registration Process

ADGM’s company registration process is quite straightforward and is outlined below. Clients need to:

1. Contact the Business Development team to set up a meeting
2. Complete and submit the Business Application form and any other required documents
3. Pay the required fees
4. Wait for application processing – please allow 3 working days for this
5. Obtain approval of application

ADGM’s Services

The Registration Authority

The Registration Authority is an independent body that supports and guides clients through the processes of registration, incorporation and licensing of companies in ADGM.

The Registration Authority also provides government-related services for companies and individuals who are based on Al Maryah Island.

Its personnel provide guidance and review and process applications submitted by applicants who wish to establish a legal entity in ADGM. Dedicated staff make sure that ADGM legal entities are in compliance with ADGM Companies Regulations, ADGM Commercial Licensing Regulations and follow the ADGM Rules and Regulations.

The Registrar’s main functions are:

• Registration of ADGM companies
• Registration of company names and maintenance of company register
• Registration of changes in company names
• Registration of changes in directors, shareholders, officers and share capital
• Registration of post-incorporation documents
• Enforcement of ADGM companies regulations
• Cancellation of commercial licenses, prosecution and strike-offs
• Dissolution or restoration of companies

The Registration Authority consists of the following departments:

• Business Development: the initial client point of contact for setting up a business at ADGM. The Business Development Team advises clients on the suitable business options. They explain the regulations and support the client with the whole application process and answer any queries he/she might have.
• Registration and Incorporation: handles the incorporation of companies and issues commercial licenses.
• Corporate Relations: provides guidance and support with government related services like VISA’s, immigration and health checks.
• Client Experience: is the clients’ contact for suggestions, complaints or feedback.

Clients who wish to set up a non-financial company should contact the Business Development team of the Registration Authority.

The Business Development Team handles the below business activities:

• Service providers, eg accounting and law firms, business consultants, IT and Recruitment companies
• Corporate headquarters and management offices
• Holding companies, special purpose vehicles
• Treasury functions
• Single family offices, proprietary investment entities
• Retail outlets
• F&B
• Industry / professional associations

Note: Clients interested in financial activities need to contact the FSRA Financial Centre Development Team.

Corporate Relations Department

The Corporate Relations Department assists clients with visa processing and other Government related services required when setting up a business in ADGM.

Note:  Companies now need to have a Fawri Account to proceed with visa applications following a recent change with Immigration procedure.

1. Establishment Card and Fawri Account

Once the commercial license has been issued, the client has to apply for an establishment card and Fawri Account.

• Establishment Card: is needed for all services related with visas and is required for all new companies in ADGM.
• Fawri Account: every company needs to be registered in the Fawri’s system so that it can proceed with the visa processing.

2. Visa Services

The client must have a valid establishment card and application approval to be eligible for visa services. Also an approved insurance provider must be selected for each visa application.

Note:  ADGM do not provide Visa transfer services so applicants who already have a visa will need to cancel the old visa and then proceed with the above visa application procedure.

Employment and Residence Visa

Applicants can apply for an Employment and Residence Visa if they are in the UAE with a visit visa or if they are outside the UAE at the time of their application or if they have a cancelled employment visa.

Steps for obtaining a Residence Visa:

1. Entry permit
2. Medical test
3. Emirates ID
4. Health insurance

Visit Visa

For people outside the UAE who wish to visit and need a 30–90 day Visa, an On Arrival Extension visa or a Multiple Entry Visa.
For people outside the UAE who wish to visit and need a 30%
Family Sponsorship Visa
For ADGM sponsored employees wishing to sponsor members of their families who are outside or in the UAE at the time of application.
Other Visa services are also available such as:

• Domestic Help Visa
• Visa cancellations
• Visa amendments

ADGM Square
Abu Dhabi Global Market Square was previously known as Sowwah Square and is a finance, retail and hospitality hub at the heart of ADGM. The Square is a 450,000 sq office, hotel and retail state-of-the-art development.
ADGM Square houses international blue chip companies, first class dining facilities and features “The Galleria” which showcases many of the most prestigious fashion and jewelry brands in the world.
There are four Grade A commercial office towers named Al Sila, Al Maqam, Al Sarab and Al Khatem.
ADGM Square was the first project in the UAE to achieve LEED Core and Shell (LEED-CS) Gold pre-certification by the United States Green Building Council.

Information to download:

• • ADGM Corporate Presentation
  • ADGM Corporate Brochure

Abu Dhabi Global Market Corporate Video

Abu Dhabi Global Market Map