Branch RegistrationBusiness PlanFinancial ProjectionsOrganizational Structure
This ADGM guidance document outlines the standard requirements for registering a branch of a foreign company, covering both financial and non-financial firms. It details the necessary steps, including in-principle approval for financial services and the submission of a comprehensive business plan for non-financial activities, which is crucial for the ADGM Registration Authority's assessment.
Key requirements
- Obtain in-principle approval from ADGM Financial Services if the business activity is financial.
- Submit a business plan as part of the online application if the business activity is non-financial.
- Provide an ownership structure chart identifying all controllers, direct or indirect, and ownership percentage, including ultimate beneficial owners.
- Provide a full organization chart of the applicant’s proposed key appointments.
- Provide financial projections, including initial capital injection and estimated annual expenses.
Applies to: Foreign companies seeking to register a branch in ADGM, whether engaged in financial or non-financial activities.