What is ADGM
ADGM (Abu Dhabi Global Market) is Abu Dhabi’s financial centre. It has its own regulator and a legal system based on English common law. Virtual assets are governed by a separate framework.
When ADGM is suitable
- Licensed virtual asset services
- Funds and management companies
- Holdings and family offices for which English law matters
What to consider
- Capital, team and compliance requirements depend on the type of activity
- Procedures are stricter than in ordinary free zones
- Banks respond better to a clear, licensed structure
Structure
A licensed company in ADGM and a holding company above it. Funds and family structures in ADGM can be considered separately. The terms depend on the task and are determined together with a lawyer.
Regulatory requirements change quickly. Before launch, current conditions must be verified with a virtual assets lawyer. The decision to open an account is made by the bank. Tax consequences depend on your residency.