Abu Dhabi Global Market (ADGM) has unveiled a revised fee structure for obtaining and renewing commercial licenses, effective January 1, 2025. The updated schedule significantly reduces costs, with non-financial and retail businesses benefiting from fee cuts of 50% or more.
New ADGM Commercial License Fees
Non-Financial Businesses
- Initial registration fee reduced from $10,000 to $5,500
- Annual renewal fee reduced from $8,000 to $5,000
Retail Businesses
- Initial registration fee reduced from $6,000 to $2,500
- Annual renewal fee reduced from $4,000 to $2,000
These reductions coincide with the conclusion of the Al Reem Island transition period on December 31, 2024, and apply across ADGM’s jurisdiction, covering both Al Maryah and Al Reem Islands.
Why ADGM is Lowering Fees
The fee restructuring follows extensive consultations in 2023 with ADGM’s business community, focusing on expanding the jurisdiction and improving ease of doing business. The Registration Authority (RA) conducted a thorough review to ensure the new fee structure supports ADGM’s growing commercial ecosystem while facilitating a smooth transition for businesses.
End of Fee Exemptions & Other Adjustments
With the end of the Al Reem Island transitional period, previously available fee exemptions for qualifying non-financial and retail businesses have been discontinued. Additionally, ADGM has adjusted fees for other business categories:
Financial Businesses
- Initial registration fee increased from $15,000 to $16,700
- Annual renewal fee increased from $13,000 to $16,200
Tech Startups
- Registration and renewal fees increased from $1,000 to $1,500
A $300 data protection fee will continue to apply to all businesses at the time of new registration and annual renewal.
Enhancing Business Growth in ADGM
These fee revisions align with ADGM’s commitment to enhancing business competitiveness, attracting new enterprises, and fostering economic growth within Abu Dhabi’s international financial center. The updated structure aims to support businesses in navigating the evolving commercial landscape while reinforcing ADGM’s position as a leading global business hub.
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