Clara Formations offers a registration package starting from USD 2,795. This includes:
the registration of an ADGM Foundation with up to five stakeholders (this includes the Council Members and Beneficiaries), above which a compliance fee of USD 125 per additional appointee is applicable;
the preparation of all registration documents and the registration application;
a registered office address for 12 months from the date of registration; and
the ADGM application fees of USD 500
The above package assumes the model Charter and By-laws are adopted.
The renewal fee is USD 2,295 + VAT, including the fees payable to ADGM.
Event driven filings (e.g. filing a change of Council Member, Beneficiary or an amended Charter) start from USD 550, including the ADGM filing fee.