Upload your business plan approved by ADGM An application to incorporate an ADGM Tech Startup License requires a detailed business plan. If you don’t have one, you can use Clara’s business plan template.
Specify the company name Does your proposed company name have a special meaning? If it is not a commonly known English word, a shortened word, an abbreviation, or an acronym, please specify its meaning. Providing an Arabic translation is optional. If the company is affiliated with another company of the same name, you will need to provide their commercial license.
Company Shareholding We need more details on whether the company will hold shares in any existing incorporated companies or in any companies that are yet to be formed.
Nominate ADGM authorized signatory Appoint an eligible stakeholder as an ADGM authorized signatory. If no eligible stakeholder is available, you can use Clara’s Nominee service or appoint a third party who is neither a director nor a shareholder, but they must be a UAE resident or a GCC national.
Banking and accounting To form your company, you will need an ADGM-based bank account and must provide details of where your accounting records will be kept.
Articles of Association Adopt model Articles of Association for the company or amended Articles of Association that comply with the regulations.
Share capital Choose your desired number of authorized shares, or follow Clara’s recommended method. The authorized share capital for a ADGM company represents the maximum amount of share capital that the company is permitted to issue to shareholders.
Pay and Submit After completing all your formation tasks, you can pay and submit your formation application to Clara.
Review and Sign Once submitted, Clara will review your application and create the incorporation pack for e-signature within 2-3 business days.
Track your progress After you have signed the incorporation documents, Clara will file the incorporation pack, and your new company will be formed within 5–7 business days. You can track the progress on the Clara dashboard every step of the way.
Key differences between ADGM and DIFC The ADGM and the DIFC are financial free zones in the UAE with independent jurisdictions exempted from the UAE’s civil and commercial laws. For founders looking for a place to register a new business, both are great jurisdictions to choose from. Education May 16 · 5-minute read
ADGM SPV – Your essential guide Setting up a company in ADGM, and specifically a Special Purpose Vehicle (SPV), is attractive for founders and investors. Founders benefit from the speed and simplicity that ADGM’s fully digitised incorporation process achieves, while investors are attracted by the investment flexibility and legal protections that ADGM’s strong regulatory environment provides. Clara Sep 19 · 8-minute read