Unified UAE Legislation Database
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ADGM Guidance on Exemptions from the Requirement to Appoint a Company Service Provider

Status

In force

Issuing Authority

ADGM

Effective date

XX.XX.XXXX

Official Link

https://

 

April 2021

1. INTRODUCTION
Introduction to Abu Dhabi Global Market

1.1. Abu Dhabi Global Market (ADGM) is an international financial centre established pursuant to Abu Dhabi Law No. 4 of 2013 in the Emirate of Abu Dhabi. With its own civil and commercial laws based on English common law, ADGM offers the local, regional and international business community a world-class legal system and regulatory regime.

1.2 The ADGM Registration Authority (RA) is the commercial regulator of the ADGM. It is responsible for the licensing, registration and incorporation of entities seeking to establish a presence in the ADGM as well as monitoring and enforcing the ADGM's commercial legislation and facilitating government services.

Guidance overview and application

1.3 This Guidance is issued under section 936(2) of the Companies Regulations 2020 (Regulations) to elaborate on the exemptions from the requirement to appoint a Company Service Provider (CSP).

2. EXEMPTIONS FROM THE REQUIREMENT TO APPOINT A COMPANY SERVICE PROVIDER
A. Exemptions under the Companies Regulations 2020

2.1 In accordance with subsection 296...