Freezone Company Formation in ADGM

Start your business in ADGM Freezone with expert assistance to ensure a smooth, compliant, and fast company setup. ADGM, the Abu Dhabi Global Market, offers a dynamic business environment with state-of-the-art infrastructure, flexible regulations, and access to international markets. Setting up a company in ADGM Freezone allows you to operate without restrictions and take advantage of the numerous opportunities available. Let us help you navigate the process of ADGM company formation to ensure you meet all legal and regulatory requirements for a seamless business setup.

What is ADGM Freezone?

ADGM (Abu Dhabi Global Market) is an international financial center located in the heart of the capital of the UAE, Abu Dhabi. The ADGM Freezone offers a conducive environment for business and financial services firms, and it’s one of the top destinations for companies looking for a well-regulated environment and strategic geographical location. ADGM operates with a legal and regulatory framework that aligns with international standards, making it an ideal location for businesses in sectors such as finance, fintech, legal, and professional services.

Advantages of ADGM Business Setup

Full Foreign Ownership

International companies can operate with 100% ownership without a local Emirati sponsor as a partner.

Tax Incentives

There is no withholding tax on dividends, interest, or royalties, and businesses are granted a 50-year tax break.

Independent Regulatory Authority

Under the direction of the Financial Services Regulatory Authority (FSRA), which upholds specific industry regulations while guaranteeing adherence to global standards.

Modern Infrastructure

Modern office spaces with first-rate infrastructure, meeting rooms, and support services are available from ADGM.

Double Taxation Treaties

Businesses are not allowed to pay taxes on the same income twice according to tax agreements the UAE has with more than 135 nations.

Common Law Framework

The jurisdiction follows the English Common Law, which is well-known and respected by global corporations.

Strong Business Ecosystem

ADGM creates a cooperative environment that promotes corporate expansion, alliances, and networking.

Innovation and Fintech Hub

It provides entrepreneurs and digital enterprises with innovation licenses and sandbox programs, which allow them to test their goods and services in a regulated setting.

License Available in ADGM

When registering a company in ADGM Freezone, it is essential to select the appropriate business license for your activities. Below are some of the business license options available

Financial Services License

For companies that provide banking, asset management, insurance, investment funds, brokerage, and other financial services, among other financial operations.

Non-Financial License

For companies engaged in non-financial operations, including manufacturing, general trading, media, hotels, education, and logistics.

Special Purpose Vehicle (SPV) License

ADGM provides a Financial Services License for companies in the financial sector, including banks, investment firms, asset managers, and insurance companies. This license allows businesses to operate under a robust legal framework aligned with international financial regulations.

Professional Services License

For companies that offer specialized services like IT, marketing, legal, management, and more.

Tech Startup and Innovation

Specifically designed for finance and tech-driven startups.

Retail License

For companies engaged in retail operations, such as physical stores, eateries, coffee shops, and other retail-related ventures.

Fund Management License

For certain financial companies that manage investment funds, such as real estate funds, venture capital, or private equity.

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.

ADGM Freezone Company Formation Process

1
Determine Business Activity
Identify the business activities your company will be engaged in and select the appropriate business license for your ADGM Freezone company formation.
2
Choose Legal Structure
Choose the most suitable legal structure, whether an IBC, LLC, or branch, based on your business objectives and regulatory needs.
3
Trade Name Registration
Register your company’s trade name with ADGM to ensure it aligns with their regulations and is unique.
4
Apply for Initial Approval
Submit the application for initial approval to ADGM’s regulatory body to begin the company registration process.
5
Office Space Agreement
Secure an office space within ADGM Freezone and obtain a tenancy agreement as required for the company setup.
6
Complete Company Registration
Finalize the documentation and submit for approval to obtain your ADGM Freezone business license and official registration.

Frequently Asked Questions

The cost for setting up a business in ADGM Freezone can range between AED 20,000 to AED 50,000, depending on the nature of the business and the license type.

Yes, foreigners can fully own their business in ADGM Freezone without the need for a local sponsor.

The company setup process in ADGM Freezone typically takes between 3 to 5 working days, depending on the business structure and documentation required.

Yes, businesses in ADGM Freezone can apply for employee visas and resident visas based on the office space and the number of employees.

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