When forming a company in the Abu Dhabi Global Market (ADGM), a range of important documents is required to ensure a smooth and compliant setup process. These documents are designed to meet the legal and regulatory standards of the free zone and facilitate the efficient establishment of your business. Below are some essential documents needed for a successful ADGM company setup.
Trade name reservation:
One of the first documents you’ll need is your trade name reservation. This document confirms that your company’s name is unique and available for use within ADGM. It’s essential to ensure the name complies with ADGM’s naming conventions, which prohibit names that could cause confusion or violate intellectual property rights. Reserving a trade name is a straightforward process but important for the approval of your company’s registration.
Company memorandum and articles of association:
The Memorandum and articles of association (M&A) are key for outlining the governance and operational structure of your company. This document includes important details such as the company’s objectives, shareholding structure, and management responsibilities. The M&A must be tailored to ADGM’s legal requirements and reflect the agreed-upon terms between shareholders and directors. It is advisable to seek professional advice when drafting these documents to ensure full compliance.
Proof of identity and address:
To verify the identity of the company’s founders, directors, and shareholders, ADGM requires official proof of identity and address. For each individual involved in the company, you will need to submit a valid passport copy and a utility bill, bank statement, or other official document showing their current address. This documentation ensures transparency and helps ADGM verify the legitimacy of all involved parties.
Business plan:
A detailed business plan is essential for ADGM company registration. Your business plan should outline the nature of your business, market analysis, financial projections, and long-term goals. The plan helps ADGM assess the viability of your company and ensures that your business aligns with ADGM’s objectives. A well-prepared business plan can significantly expedite the registration process and provide a clear roadmap for your business.
Shareholder and director information:
ADGM requires complete information about the company’s shareholders and directors. This includes personal details such as their names, nationalities, contact information, and their respective roles within the company. For businesses with multiple shareholders or directors, a clear list of their responsibilities and shareholding proportions must be provided. This information helps ensure proper governance and transparency within the company.
