Abu Dhabi Global Market (ADGM), was established under UAE Federal Decree Law No. (4) of 2013. Initially, its jurisdiction covered Al Maryah Island, Abu Dhabi only. With the issuance of UAE Cabinet Resolution No. 41 of 2023, ADGM's jurisdiction has been extended to include Al Reem Island.
The expansion aligns with the Abu Dhabi’s economic vision and strategy for 2023-2027 to focus on advancing Abu Dhabi's financial sector and strengthening its global position as a financial hub.
Until December 31, 2024, these businesses will be granted an exemption from adhering to ADGM's registration and licensing prerequisites, as well as specific regulations. This grace period is intended to afford them the necessary time to secure licenses and permits essential for continued operations post the specified date.
Branches existing in Al Reem Island do not have option to initiate a continuation application with the ADGM Registration Authority. It is necessary for them to register a new branch within ADGM using the same premises on Al Reem Island. Subsequently, they should initiate the cancellation process for their branch license registered with the ADDED.
Executive Director 
European Enterprise Team & Marketing
Languages spoken
German, English
If you happen to be a foreign entrepreneur, the UAE is ideal for you due to its regulatory framework.
UAE has one of the lowest rates of Corporate Tax in the region, at only 9% (compared to 20% in Saudi Arabia and 10% in Qatar)
UAE ranks 16th in the world and 1st in the MENA region (Middle-East & North Africa) (Source: The World Bank “Doing Business” Rankings)
Submit your enquiries to MBG Corporate Services. We will respond as soon as possible.
