The Abu Dhabi Global Market (ADGM) is launching a new initiative to further support the smooth transition of businesses from Al Reem Island to ADGM following its recent expansion to the island last year. ADGM, the UAE capital’s international financial center, has unveiled major updates to its licensing fee structure to support businesses. Effective 1 January 2025, ADGM will significantly reduce fees for non-financial and retail licenses by 50% or more. This initiative is designed to improve the ADGM’s business environment, making it more appealing and accessible to a wider range of enterprises.
