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Abu Dhabi Global Market is an internationally recognized financial center located in the capital of the United Arab Emirates.
Established in 2013 by the Chamber of Commerce, ADGM has quickly become a thriving business hub worldwide.
ADGM operates under three key authorities:
1. The ADGM Courts for legal and justice-related aspects
2. the Registration Authority for the registration and licensing process, and
3. the Financial Services Regulatory Authority (FSRA) for managing and regulating the financial sector operating in or from ADGM.
You would be wondering why ADGM is gaining popularity among businesses across the globe. Let's explore the key benefits that make ADGM an attractive destination for entrepreneurs.
The primary benefit is its strategic location. ADGM offers a top strategic location in the emirate, providing access to global markets.
ADGM provides various services, including applications, official spaces, and governmental activities, supporting businesses in multiple ways and offering a comprehensive package.
ADGM’s market connectivity is very wide. Establishing your business in ADGM connects you to a vast network of opportunities, expanding your market reach.
ADGM is known for its business-friendly ecosystem. ADGM fosters a highly efficient and valuable business ecosystem, promoting growth in any industry.
ADGM supports complete ownership and 100% repatriation of profits. ADGM offers a tax-free environment, state-of-the-art infrastructure, a digital application process, simplified registration, and independent regulation.
ADGM’s services also include support with visas and other governmental services.
Let's walk through the process of setting up a business in the Abu Dhabi Global Market.
Step 1: Contact the ADGM Business Development team to understand the application process. You can write an email to bd@adgm.com or dial +97 1233 3888 88.
Step 2: inquire about the required documentation and papers required. Gather the necessary paperwork based on your business type and required license.
Step 3: Get the documents reviewed by the ADGM team and submit the final registration application.
Step 4: Upon successful processing of the licensing application, you will get the incorporation certificate, signifying the establishment of your business in ADGM.
Step 5: Acquire office space if required for your business operations.
Step 6: Access the excellent banking services at ADGM with guidance from their team.
If you need assistance with visas and government services, here's a simplified process.
1. Create an account on ADGM’s Virtual Client Portal – access ADGM.
2. Obtain your e-channel account and an establishment card. These are necessary for applying for visa services.
3. Now, apply for visa services through ADGM’s client portal.
Abu Dhabi Global Market is where businesses thrive, and opportunities abound.
With its exceptional services, business-friendly ecosystem, and strategic location, ADGM is your gateway to success in the UAE and beyond.
Start your business journey with Abu Dhabi Global Market today!
Chapters:
0:00 Introduction on Company Formation in UAE's Abu Dhabi Global Market
0:23 Key authorities for operating ADGM
0:53 ADGM an attractive destination for entrepreneurs
1:09 Key benefits of ADGM
1:59 Services and support by ADGM
2:26 Steps to set up a business in ADGM
3:35 Visa processing and government services
4:05 Conclusion and regards
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