Abu Dhabi Global Market (ADGM)
Abu Dhabi, United Arab Emirates
Official Name:
Abu Dhabi Global Market (ADGM)
Website:
https://www.adgm.com
City:
Abu Dhabi
Country:
United Arab Emirates
Share Capital:
50,000 AED / 13,605 Paid upfront
Office Requirements:
Flexi
PO Box:
Not available
Services (includes consultancy, etc.):
Yes
Trading (includes trading activity):
No
General Trading:
No
Audited Financial Reports:
Yes
Industry Focus:
Private Banking, Wealth Management and Asset Management.
Cost of Setup:
23,152 AED
6,300 USD
Starting Cost of Renewals:
20,580 AED
5,600 USD
Visa Types
Type:
Residency
Time Duration:
3 years
Type:
Sponsorship
Time Duration:
3 years
Type:
Domestic help
Time Duration:
1 year
Visa Time Duration Before Renewal Required:
Minimum Number of Visas Possible:
Maximum Number of Visas Possible:
Maximum Number of Shareholders:
Freelancer Option:
No
Office Presence is Mandatory:
Yes
Documents Required to Setup a Company :
- Completed application form.
- Articles of Association.
- A copy of resolution of the Board of Directors or Shareholders.
- A copy of valid passport.
- UAE visa.
- Certificate of Incorporation / Registration.
SUMMARY :
Abu Dhabi Global Market is home to businesses of all sizes – both local and international. Over 40 blue chip companies currently trade from the free zone. It is centred on three main sectors – Private Banking, Wealth Management and Asset Management. As most businesses that operate within the free zone are in financial-related industries, Abu Dhabi Global Market is governed by three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts – all of which ensure that organisations within it operate in line with international best practices that are recognised by major financial centres across the world.
As well as being a financial free zone, the 114-hectare site of Abu Dhabi Global market is home to state of the art leisure, entertainment and hospitality facilities along with many residential developments. The free zone’s 5km promenade – overlooked by panoramic views of the Abu Dhabi Skyline – features Rosewood and Four Seasons hotels, luxury retail stores and an eclectic mix of restaurants form all over the world.
Situated on Al Maryah Island in the heart of Abu Dhabi, the free zone is well connected – just 15 minutes from Zayed Port, just off the busy E12 highway. Abu Dhabi International Airport is also just 30 minutes away.