Abu Dhabi Global Market Special Purpose Vehicles – ADGM SPVs – are high credibility/versatility, Common law-denominated, yet light and dematerialized corporate vehicles, set up to achieve a precisely defined objective, typically to ring-fence and isolate assets and liabilities from financial and legal risk.
Available domestically since 2016, ADGM SPVs have become the go-to option for regional investments, structuring/re-structuring. Compatible with sophisticated ownership structures – e.g. trusts/foundations – they are more versatile and credible than other domestic IBC regimes – e.g. JAFZA IBCs, RAK ICCs – and an efficient high-credibility alternative to traditional Common-law jurisdictions.
A foreign IBC can migrate from abroad into ADGM and become an ADGM SPV. An ADGM SPV can also “morph” into a substantiated holding company, thereby availing the benefit from the country’s broad double tax treaty network.
ADGM SPVs are so-called “exempt” structures. They do not fall under the direct supervision of the Financial Services Regulator.
