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Tech Startup Licence
What are the costs of an ADGM Tech Startup?
What are the costs of an ADGM Tech Startup?
Updated over a week ago

ADGM has structured the Tech Startup Licence as a two stage licence:
Stage 1: Seed Stage

Stage 2: Emergent Stage
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Each stage has different qualifying criteria and fees.

Seed Stage

Emergent Stage

Incorporation

Clara service fee

USD 1,645

USD 1,645

ADGM licensing fees

USD 1,100

USD 4,400

Total

USD 2,745

USD 6,045

Annual Renewal

Clara service fee

USD 1,645

USD 1,645

ADGM licensing fees

USD 1,200

USD 4,500

Total

USD 2,845

USD 6,145

The Clara incorporation service fee includes:

  • preparation of KYC and incorporation documents with up to two shareholders (each additional shareholder charged at USD 125 each);

  • the ADGM application, data protection and licence fees; and

  • the registration of the entity's lease.

The Clara renewal service fee includes:

  • preparing the commercial licence and data protection renewal;

  • submitting the annual confirmation statement;

  • filing the annual financial accounts; and

  • registration of the entity's new lease.

Excluded from our fees are the following:

  • Drafting or reviewing any amendments to the articles of association

  • Preparing multiple drafts of the incorporation documents due to changes in client instructions.

  • Assistance or any fees associated with obtaining a lease, applying for visas or bank accounts.
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