How To Set Up a Company in ADGM

Often, the process of starting a business can feel overwhelming due to the multitude of decisions that must be made. However, an increasingly popular choice among both startup owners and established companies is to set up a company in the Abu Dhabi Global Market (ADGM). Known worldwide for its business-friendly environment, and initiatives such as the Economic Vision 2030, Abu Dhabi, ADGM has become a fertile ground for businesses to grow and prosper.

This guide will guide you through the process of establishing a company in ADGM. We will talk about the following:

  • Overview of ADGM
  • Benefits of Starting a Business in ADGM
  • Steps to Start a Business in ADGM
  • Start Your Business in ADGM with Setup in Abu Dhabi

Overview of ADGM

ADGM is an international financial center located in the heart of the UAE’s capital city, Abu Dhabi. ADGM’s primary mission is to provide a world-class business environment that will cater to the needs of businesses and investors within the financial sector.

In 2022, ADGM's stellar performance positioned Abu Dhabi to the top of the list, making it the most rapidly expanding International Financial Center (IFC) in the region. This achievement underscores ADGM's pivotal role in the financial growth and dynamism of the area.

Benefits of Setting Up a Company in ADGM

When exploring global growth or launching a new business, ADGM can the best choice, offering various benefits including:

Prime Location: ADGM is placed in the heart of Abu Dhabi, the UAE's capital. It's a perfect springboard to reach growing markets in the Middle East, Africa, and South Asia.

No Tax Burden: For 50 years, companies in ADGM don't pay income tax, customs tax, or VAT on goods and services.

Top-Notch Facilities: ADGM offers everything - from advanced telecom systems to high-end office buildings, hotels, and conference venues, ensuring a comprehensive provision for your business needs.

Easy Setup: ADGM's regulatory framework, based on English common law, secures a clear and recognizable legal environment. Furthermore, the Registration Authority has streamlined the establishment process, facilitating swift and effortless company setup.

Freedom of Choice: ADGM supports diverse businesses, creating a vibrant, inclusive ecosystem. Regardless of your industry, be it finance, e-commerce, trade, or retail, it offers ample opportunities to prosper.

Funding Options: ADGM provides an abundant array of funding solutions. From venture capital to private equity, a diverse selection of financing alternatives is readily available.

Supportive Government: The UAE government is very business friendly. It offers various incentives and support programs to boost entrepreneurship and growth.

Steps to start a business in ADGM

To successfully embark on your entrepreneurial journey in ADGM, it's crucial to following these steps:

Step 1: Choose the type of your company

Before you begin, it's important choose the legal type of your business. ADGM offers various business structures, including Limited Liability Partnership (LLP), Private Limited Company (Ltd.), Public Limited Company (PLC), Branch of Foreign Company, and Special Purpose Vehicle (SPV).

Step 2: Reserve Your Company Name

The next step is to reserve a company name through ADGM's online portal. The chosen name must not be identical or misleadingly like that of another company, and it must not be offensive or contain words prohibited under ADGM's regulations.

Step 3: Prepare Your Business Plan

In ADGM, you'll need to provide a detailed business plan when applying for your license. Your business plan should include detailed information about your company’s operations, financial projections, target market, and overall business strategy.

Step 4: Submit the Required Documents

Once your company name is reserved, you need to submit a list of necessary documents. Depending on the type of entity you choose, these documents may include passport copies of the shareholders and directors, and certificate of incorporation, among others.

Your setup process in ADGM will be streamlined with the assistance of our business experts from Setup in Abu Dhabi, ensuring all your requirements will be accomplished.

Step 5: Pay the Required Fees

Once you've submitted the necessary documents, you'll need to pay the setup and licensing fees. Again, will assist you in this process to ensure a hassle-free business setup within ADGM.

Step 6: Obtain the License

After your application has been reviewed and approved by the ADGM Registration Authority, you will receive your business license. Once you've obtained this license, your company is legally recognized and can commence operations within ADGM. 

Start Your Business in ADGM with Setup in Abu Dhabi

When executed correctly, launching a business in ADGM can offer significant benefits. However, the choice of the right business consultancy partner is pivotal for your enterprise. Setup in Abu Dhabi, an entity of Creative Zone, can aid you in this endeavor. Specializing in facilitating business setup in the UAE's core, Setup in Abu Dhabi is the support arm you need for your journey.

Contact us today for a free consultation or to receive guidance from one of our seasoned business experts!

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