How to set up a business in ADGM – complete guide to benefits, process, and costs for entrepreneurs and FinTech companies in the UAE

How to Set Up a Business in ADGM: Complete Guide with Benefits, Process & Costs

by

ADGM has become one of the most attractive destinations for entrepreneurs, family offices, and financial institutions to establish their presence in the UAE. From business setup consultants in Dubai to fund managers and FinTech startups, ADGM offers a cost-effective, internationally recognized hub.

Why Choose ADGM for Your Business Setup

  1. 100% Foreign Ownership – No local sponsor required.
  2. Tax Advantages – Currently, 0% corporate tax within ADGM, though businesses must consider corporate tax in Dubai and mainland rules if operating outside.
  3. Robust Legal Framework – English common law system ensures investor confidence.
  4. Access to Finance & FinTech Ecosystem – ADGM is home to an expanding network of FinTech, digital assets, and compliance companies.

Step-by-Step Process to Register a Business in ADGM

  1. Choose Business Activity – Decide whether you are registering a fund, financial services company, or non-financial enterprise.
  2. Select Legal Structure – Private company, branch, or partnership.
  3. Apply to the ADGM Registration Authority – Submit application forms and supporting documents.
  4. Compliance & AML – Put in place anti-money laundering policies and appoint an MLRO (Money Laundering Reporting Officer).
  5. Licensing & Approvals – Receive operational license from FSRA (if applicable).
  6. Open a Bank Account – Many international banks now recognize ADGM licenses.

ADGM Business Setup Costs

  • Application & Registration Fees – From USD 1,500 onwards.
  • Annual License Fee – Varies depending on activity (starting from USD 4,000).
  • Office Space – Flexible options including serviced offices and virtual desk facilities.

Compliance & Corporate Governance

ADGM businesses must follow strict compliance around accounting and bookkeeping services, annual external audits, and tax registration in UAE if generating taxable income. Having strong corporate governance and standard operating procedures will ensure smooth operations and investor confidence.

ADGM offers a streamlined, globally respected business environment for entrepreneurs and fund managers alike. If you’re considering ADGM, our team at Affiniax Partners provides complete support – from setup and licensing to compliance, accounting, and UAE Corporate Tax planning.

Leave a Comment

    Enquire Now