Set Up A Holding Company In ADGM - ADGM Holding Company

February 8, 2021by Mohammed Rahali

Set Up A Holding Company In ADGM – ADGM Holding Company

 

ADGM Holding Company is established in the Abu Dhabi Global Market which deploys within a common law jurisdiction – under the supervision of its own Regulatory authorities and Courts- various internationally recognised incorporated and incorporated entities such as: ADGM Free zone incorporates various entities providing financial or non-financial services.
The ADGM has some of the best available structures internationally and therefore offers a number of different vehicles in which to fulfil narrow, wide, specific or temporary corporate objectives.

For support and assistance on this matter contact our Corporate team today.

The ADGM deploys within a common law jurisdiction – under the supervision of its own Regulatory authorities and Courts- various internationally recognised incorporated and incorporated entities.

The ADGM deploys within a common law jurisdiction – under the supervision of its own Regulatory authorities and Courts- various internationally recognised incorporated and incorporated entities such as:

    1. ADGM Special Purpose Vehicle

      ADGM SPV is a passive holding company established to segregate and mitigate legal and financial risks. Its appointed manager and authorised signatory must be resident in the UAE. It could use the registered address of a registered agent but cannot grant UAE residency visas for its employees.

      ADGM SPV - ADGM HOLDING COMPANY

    2. Protected Cell Company (PCC)

      Protected Cell Company (PCC) is a corporate structure in which a single legal entity is comprised of a core and several cells that have separate assets and liabilities. It may create one or more cells, the assets and liabilities of which are segregated from the assets of the PCC itself and from the other cells. Creation of cell requires regulatory approval. A cell cannot transact on its own rights. PCC must enter into a transaction in respect of particular cell.

      Each cell is independent of each other and of the company’s core, but the entire unit is still a single legal entity. Each cell is independent of each other and of the company’s core, but the entire unit is still a single legal entity. It could be used as an investment structure in which several investment vehicles, while each remaining individually managed, pool their assets together by contributing to one central investment vehicle. This is also called a “master‐feeder structure’’. PCC can take a form of Public Company Limited by Shares , Private Company Limited by Shares or Private Company Unlimited with Shares .

      PROTECTED CELL COMPANY - ADGM HOLDING COMPANY

    3. Incorporated Cell Company (ICC)

      Incorporated Cell Company (ICC) is similar to Protected Cell Company but adopts a fundamentally different approach to cells. The ICC incorporates each cell as a separate legal personality without the cell company needing to have any shareholder relationship with the relevant cell. Such cell is called Incorporated Cell (IC). Each IC is a separate company as a matter of law. ICC may create one or more cells (ICs) and the assets and liabilities of which are segregated from the assets of the ICC itself and from the other cells. Creation of cell requires regulatory approval. A cell can transact and incur liabilities of its own rights. ICC  can take a form of Public Company Limited by Shares , Private Company Limited by Shares or Private Company Unlimited with Shares.

      INCORPORATED CELL COMPANY - ADGM HOLDING COMPANY

How Can Wincore Advisory assist you in setting up a Holding Company in ADGM?

For Support and assistance on setting up a Holding Company in ADGM or any of these matters Get in Touch with our Corporate Team Today on +971 4 221 2602 or [email protected].

Wincore specializes in Tax, Corporate and Fiduciary matters. We provide pragmatic, flexible and efficient solutions to individual entrepreneurs, startup businesses, foreign and local SMEs, multinationals, wealthy international families, HNWIs and UHNWIs.

Wincore Advisory Group’s full range of services on : CRS (AEOI) – OECD exchange of information ; Economic Substance Regulations; Trust & Foundation; Asset protectionEstate & Tax Planning; Corporate Services; Sophisticated UAE Sponsorship PlanningDebt Collection Services in UAE; Residency & Citizenship Services ( Foreign second passports).

mm

Mohammed Rahali

Managing Partner

*Wincore Advisory Group DMCC is not providing any Legal or Financial Services.

© 2020 Wincore Advisory Group – Tax | Corporate | Fiduciary | Residency 

Sign up for our News & Alerts
Inscrivez-vous pour recevoir des Nouvelles et des Alertes

Any query based on unreliable email address and phone number will not be answered or considered.
Don’t like emails?
Just follow us on Linkedin or Twitter to get the latest news in our feed.