ADGM Revises Fee Structure for 2025: Supporting Economic Growth and Accessibility

Abu Dhabi Global Market (ADGM), the premier international financial centre in the capital of the UAE, has unveiled a revamped fee structure for businesses operating within its jurisdiction. Starting 1st January 2025, the updated schedule brings significant reductions, especially for non-financial and retail enterprises, aiming to enhance ADGM’s appeal as a business-friendly hub.

This strategic move aligns with the vision of His Highness Sheikh Mohammed bin Zayed Al Nahyan (MBZ), who has consistently championed initiatives to diversify Abu Dhabi’s economy. By fostering an ecosystem conducive to business growth and innovation, ADGM reinforces its position as a cornerstone of the Emirate’s development strategy.

Significant Fee Reductions for Non-Financial and Retail Sectors

The revised fee schedule introduces substantial cost savings for businesses in the non-financial and retail sectors. These changes are expected to attract a wider range of enterprises, encouraging them to establish and expand their operations within ADGM’s jurisdiction.

As per the latest announcement by Abu Dhabi Global Market (ADGM), key changes include:

Non-Financial Sector

  • Initial registration fees have been reduced by nearly half, dropping from USD 10,000 to USD 5,500.
  • Annual licence renewal fees now stand at USD 5,000, down from the previous USD 8,000.

Retail Sector

  • Initial registration fees have been slashed from USD 6,000 to USD 2,500.
  • Annual renewal fees are reduced to USD 2,000 from the earlier USD 4,000.

These reductions demonstrate ADGM’s commitment to making its services more accessible to businesses of all sizes. By lowering operational costs, the updated structure ensures that entrepreneurs and companies can focus on growth and innovation.

Transition Period Conclusion and Jurisdictional Expansion

The updated fees coincide with the end of the Al Reem Island transition period on 31st December 2024. ADGM’s jurisdiction now encompasses both Al Maryah and Al Reem Islands, reflecting its expanded role in the region’s financial and commercial landscape.

The Registration Authority (RA), responsible for overseeing business registration within ADGM, conducted extensive consultations throughout 2023. Feedback from stakeholders was crucial in shaping the new fee structure, ensuring it meets the needs of the evolving business community while facilitating a smooth transition for enterprises operating in ADGM.

Hamad Sayah Al Mazrouei, CEO of ADGM RA, emphasised the significance of these changes, stating, “The revised fee structure reflects our commitment to supporting businesses within ADGM’s thriving jurisdiction. By significantly reducing fees for non-financial and retail categories, we aim to cultivate a vibrant and efficient business ecosystem, reinforcing ADGM’s position as a leading international financial hub.”

A Vision Aligned with Leadership

The updated fee schedule is not just a business decision—it’s a reflection of Abu Dhabi’s broader economic vision under the leadership of HH Sheikh Mohammed bin Zayed Al Nahyan(MBZ). His Highness has been a steadfast advocate for creating a globally competitive, innovation-driven economy. Initiatives like this fee restructuring align perfectly with his aspirations to position Abu Dhabi as a leading destination for business, commerce, and investment.

ADGM’s approach mirrors Sheikh Mohammed bin Zayed’s (MBZ) focus on fostering economic diversification, building a sustainable future, and supporting enterprises across all sectors. By providing businesses with a cost-effective environment, ADGM ensures they have the resources needed to thrive.

Adjustments for Financial and Tech Sectors

While non-financial and retail businesses benefit from reduced fees, other categories have also seen adjustments to align with market trends and operational requirements.

Financial Sector

  • Initial registration fees have increased modestly from USD 15,000 to USD 16,700.
  • Annual licence renewal fees have risen from USD 13,000 to USD 16,200.

Tech Startups

  • Fees for tech-focused startups have been adjusted from USD 1,000 to USD 1,500 for both initial registrations and annual renewals.

These adjustments are designed to reflect the growing value of financial and technological sectors within ADGM while ensuring a balanced approach to sustaining its operations and services.

Data Protection Fee

A standard USD 300 data protection fee remains applicable across all business categories. This fee will continue to be charged during initial registration and annual renewals, maintaining ADGM’s commitment to upholding stringent data protection standards.

Strengthening ADGM’s Position as a Global Hub

The introduction of this revised fee structure demonstrates ADGM’s proactive approach to creating a business-friendly environment. By reducing costs for key sectors, ADGM ensures it remains competitive on the global stage, attracting businesses from around the world to Abu Dhabi.

This move also supports the UAE’s broader economic goals, showcasing the country’s commitment to fostering innovation, improving ease of doing business, and driving sustainable growth.

Looking Ahead

As ADGM continues to expand its jurisdiction and influence, the revised fees represent a strategic step toward achieving its long-term goals. By aligning its policies with the forward-thinking vision of Sheikh Mohammed bin Zayed Al Nahyan(MBZ), ADGM ensures its position as a key driver of Abu Dhabi’s economic success.

Whether you’re an entrepreneur starting a new venture or an established company looking to expand, the updated fee structure offers an excellent opportunity to join one of the world’s most dynamic business ecosystems.

 

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