ADGM SPV’s are passive entities and should not be engaging in any commercial arrangements which results in revenue through non-passive sources.

While it is possible to hold IP under your SPV, you may need to seek expert legal advice on the structuring of your entities and assistance with any agreements you may need to license / sub-license the IP through your subsidiaries. Another aspect to consider while holding revenue generating IP under the SPV is to ensure all enhanced requirements under the Economic Substance Regulations are fulfilled.

Should you wish to speak to a legal expert on the matter, please reach out to us at [email protected] and we would be happy to make an introduction.