Licensing & Authorization Regulations in the GCC

ADGM RA Service of Alcohol Guidance

This ADGM guidance outlines the requirements for ADGM entities located on Al Maryah Island that serve alcohol to guests. It covers commercial licenses, alcohol permits, service protocols, record keeping related to liquor stock and suppliers, and monitoring systems. The guidance aims to ensure compliance with UAE laws concerning alcohol service within ADGM.

Annual Accounts Extension Guidance V2

This guidance from the ADGM Registration Authority outlines the process for private companies and limited liability partnerships to apply for an extension to file their annual accounts. It details the relevant legal framework under the ADGM Companies Regulations 2020 and the Limited Liability Partnership Rules 2020, specifying the Registrar's power to grant extensions up to 3 months.

Cabinet Decision No. 111/2022 on Virtual Assets and Their Service Providers

UAE Cabinet Decision No. 111/2022 establishes a regulatory framework for virtual assets and virtual asset service providers (VASPs) within the UAE. It defines key terms such as virtual assets, virtual asset activities, and VASPs, outlining the scope of regulation. The decision aims to regulate the provision of virtual asset services and related transactions within the UAE.

Continue LTD into ADGM

This ADGM guidance document outlines the eligibility criteria and requirements for a body corporate incorporated outside of ADGM to continue its registration within ADGM as a private company limited by shares. It includes a checklist to determine eligibility based on factors like solvency, winding-up status, and creditor arrangements.

DFSA Crypto Token Regulatory Regime

This DFSA document outlines the regulatory framework for Crypto Tokens within the Dubai International Financial Centre (DIFC). It details the criteria for recognizing Crypto Tokens, including Fiat Crypto Tokens, and the process for obtaining DFSA recognition. The regime aims to foster innovation while addressing risks like money laundering and consumer protection.

Federal Law No. 8 of 2004

Federal Law No. 8 of 2004 pertains to the establishment and regulation of Financial Free Zones within the UAE. It defines the scope of financial activities permitted within these zones and outlines the legal framework governing their operations. The law aims to regulate financial activities and ensure compliance with federal laws, particularly concerning money laundering.

Guidance Private Credit Funds 20230504

This ADGM guidance clarifies the regulatory requirements for Private Credit Funds and their managers. It supplements existing regulations (FSMR, GEN, FUNDS) and focuses on eligibility, authorization, and ongoing compliance. The guidance emphasizes investment restrictions, operational requirements, and investor suitability for these funds, which provide alternative financing to companies.

VARA Virtual Assets and Related Activities Regulations 2023

Cabinet Decision No. 112/2022 delegates certain competencies related to the regulation of virtual assets to the Dubai Virtual Assets Regulatory Authority (VARA). VARA is authorized to license, supervise, and control virtual asset activities and service providers within the Emirate of Dubai and its free zones, ensuring compliance with relevant legislation and international requirements.

Guidance on Exemptions from the requirement to appoint a CSP 08-04-2021 %281%29

This ADGM guidance document clarifies exemptions from the requirement to appoint a Company Service Provider (CSP) as outlined in the Companies Regulations 2020. It details specific scenarios where a body corporate, particularly subsidiaries, may be exempt, focusing on factors like regulatory status of the parent company and demonstration of adequate presence in the UAE. The document provides examples and criteria for assessing these exemptions.

Guidance on Exemptions from the requirement to appoint a CSP 08-04-2021

This ADGM guidance document clarifies exemptions from the requirement to appoint a Company Service Provider (CSP) as per the Companies Regulations 2020. It outlines specific conditions under which a body corporate, particularly subsidiaries of certain entities, may be exempt. The guidance details the criteria the Registrar uses to assess adequate presence in the UAE for exemption purposes.

guidance_charges_ver11_20180509

This ADGM guidance document outlines the process for registering charges under the Companies and Commercial Licensing Regulations and Foundation Regulations 2017. It details registrable charges, registration procedures, timelines, and the effects of both valid and failed registration. The document also covers rectification of statements, amendments, and satisfaction or release of charges.

Guidance-on-Revising-Defective-Accounts-and-Reports

This ADGM guidance document provides an interpretation of the rules and regulations surrounding the revision of defective company accounts and reports. It clarifies the processes and restrictions outlined in the Companies Regulations 2020 and the Revision of Accounts Rules, offering a suggested approach for directors to ensure accounts are free from material misstatement.

guidancenotes_tradenames_v1

This guidance document, issued by the ADGM Registration Authority, provides information and assistance to ADGM registered entities regarding trade names. It outlines the requirements and application process for trade names within the ADGM framework, referencing the Commercial Licensing Regulations 2015. The guide aims to clarify the Registrar's role in trade name registration.

hotels_tourism_establishments_guide_v1_april_2017

This guidance note from the ADGM Registration Authority outlines the application of requirements for hotels and tourism establishments operating within Abu Dhabi Global Market, specifically on Al Maryah Island. It details the cooperation agreement between ADGM and the Abu Dhabi Tourism & Culture Authority (TCA) regarding tourism activities.

license_renewal_guide_updated-draft-v3-5

This guidance document, issued by the ADGM Registration Authority, outlines the process and requirements for annual commercial license renewal within the Abu Dhabi Global Market. It details the Registrar's functions, contact information, payment methods (including electronic funds transfer), and applicable license renewal fees. The guide aims to assist ADGM registered entities in fulfilling their renewal obligations.

Private Company Limited by Shares - Retail

This ADGM guidance document outlines the standard requirements for incorporating or registering a private company limited by shares in the retail sector. It details the necessary steps and documentation, including lease agreements, company and trade name registration, articles of association, and information on authorized signatories and directors.

SCA Guidelines for Regulation of Virtual Assets and Virtual Asset Service Providers

The SCA Guidelines provide a regulatory framework for Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) in the UAE, excluding financial free zones. Issued under Cabinet Resolution No. (111) of 2022, these guidelines detail licensing requirements, operational standards, and obligations for entities dealing with VAs as investment instruments, aiming to ensure market integrity and investor protection.

VARA Compulsory Rulebook — Lending and Borrowing Services

This document, issued by the Dubai Virtual Assets Regulatory Authority (VARA), outlines the rules for Virtual Asset Service Providers (VASPs) licensed to conduct Lending and Borrowing Services in Dubai. It supplements the Virtual Assets and Related Activities Regulations 2023 and other VARA rulebooks, establishing specific requirements for these services.

Cloud Cybersecurity Controls (CCC-2: 2024)

The Cloud Cybersecurity Controls (CCC-2: 2024) framework, issued by the NCA of Saudi Arabia, outlines cybersecurity controls for cloud services. It aims to establish a baseline for cloud security practices within the Kingdom, updating the previous version (CCC-1: 2020) to reflect current cybersecurity requirements and industry updates. The Arabic version of the document is the binding version.

Corporate Governance Regulations (CMA Saudi Arabia, 2023)

The Corporate Governance Regulations issued by the Capital Market Authority (CMA) of Saudi Arabia establish a framework for corporate governance practices within companies. These regulations aim to protect shareholder rights, define the responsibilities and competencies of the board of directors, and address conflicts of interest to ensure transparency and accountability.

Guide to Essential Cybersecurity Controls (ECC) Implementation

This document, issued by the National Cybersecurity Authority (NCA) of Saudi Arabia, provides guidance for organizations on implementing the Essential Cybersecurity Controls (ECC). It serves as an illustrative model to help organizations meet ECC requirements, while emphasizing the need to consider their unique environments. The document outlines the ECC domains and structure to aid in implementation.

Implementing Regulation of Finance Companies Control Law

This document is the Implementing Regulation of the Finance Companies Control Law in Saudi Arabia, issued by SAMA. It defines key terms related to finance activities, outlines SAMA's role in organizing and supervising the finance sector, and sets forth general provisions for finance companies operating within the Kingdom. The regulation aims to provide clarity and structure to the finance industry.

Implementing Regulation of Law of Payments and Payment Services

This document is the Implementing Regulation of the Law of Payments and Payment Services issued by the Saudi Central Bank (SAMA). It outlines the rules and guidelines for payment services within Saudi Arabia, covering licensing, agent obligations, consumer protection, payment systems, and dispute resolution. The regulation aims to ensure the stability and security of payment services while promoting financial inclusion.

Payment Services Provider Regulations

This document outlines the Payment Services Provider Regulations issued by the Saudi Arabian Monetary Authority (SAMA). It establishes the licensing requirements and operational guidelines for payment service providers operating within Saudi Arabia. The regulations cover various aspects, including licensing procedures for different types of providers and the scope of permissible payment services.

CBB Rulebook Vol. 6 — Crypto-Asset Module (CRA) 2024

The CBB Rulebook Vol. 6, Crypto-Asset Module (CRA) 2024, outlines the regulatory framework for crypto-asset services in Bahrain. It covers licensing requirements, minimum capital, business standards, technology governance, cybersecurity, risk management, and reporting obligations for entities engaged in crypto-asset activities. The module aims to ensure the stability and integrity of the crypto-asset market and protect consumers.

CBB Rulebook Vol. 6 — Stablecoin Issuance and Offering Module 2024

The Central Bank of Bahrain's (CBB) Volume 6, Stablecoin Issuance and Offering Module (SIO) outlines the regulatory framework for stablecoin offerings within Bahrain's capital markets. It covers licensing, financial resource requirements, business standards, reserve asset management, and technology governance. The module aims to ensure the stability and security of stablecoins offered in Bahrain and protect consumers.