ADGM SPV company setup

The incorporation application, renewal filings and ongoing administration of an ADGM SPV is entirely digital and documents can be signed digitally. There are minimal annual obligations with no need to hold an annual shareholder meeting unless requested by the shareholders and reduced financial reporting requirements.

There is no minimum share capital and no maximum number of shares or shareholders for an ADGM SPV. There are no restrictions on the nationality of share ownership. An SPVs Articles of Association can be amended to include multiple classes of shares (voting, non-voting, preferred) allowing for shares with different voting, dividend and distribution rights.

An ADGM SPV does not need to rent physical office space and shareholder documents do not need to be attested and legalised. There is no requirement for any parties to be physically present or in the UAE. These factors represent significant cost savings for founders.

ADGM SPVs can issue convertibles such as SAFEs and convertible notes and ADGM recognises and enforces important investor and governance rights. This makes an ADGM SPV a strong launchpad for accessing capital from angel investors and VCs who can invest with confidence knowing that their investment is legally protected.