This ADGM guidance document outlines the requirements for incorporating a Private Company Limited by Shares (RSC) engaged in non-financial services. It details the necessary steps and information required for the company set-up process, including business plan specifications, financial projections, and naming conventions. The document serves as a checklist for applicants seeking to establish an RSC within the ADGM.
Key requirements
- Choose business activities from the list of permitted non-financial activities available on the ADGM website.
- Prepare a business plan including an overview of the applicant, business activities, target markets, ownership structure, organization structure, HR plan, and financial projections.
- Choose a company name that includes ‘Restricted Scope Company’ or ‘RSC’ and ends with ‘LTD’ or ‘Limited’.
- Provide an ownership structure chart identifying all controllers, direct or indirect, and ownership percentage, including ultimate beneficial owners.
Applies to: Companies seeking to incorporate as a Private Company Limited by Shares (RSC) for non-financial services within the ADGM.