Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.
A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.
ADGM, the centre for a transparent and thriving sustainable finance ecosystem.
Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.
At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.
DLT Foundations Framework
World’s First Framework for Blockchain Foundations and DAOs
This purpose-built framework, created in collaboration with industry participants, sets a global benchmark by addressing the unique regulatory and operational needs of the DLT and Blockchain sector, thereby providing a legal structure for Blockchain Foundations and DAOs.
The Framework fully acknowledges Virtual Assets, enabling the issuance of tokens as well as facilitating token governance. It allows entities to set up with no bylaws, thereby enabling a variety of governance methods, including token voting and the use of smart contracts.
With provisions for migration from other jurisdictions and legal fencing to shield the entity assets from foreign claims, coupled with the absence of a physical presence requirement, the Framework extends a warm welcome to Foundations and DAOs, whether they wish to set up brand new entities, satellites, or migrate completely.
Ingrained in the direct application of English Common Law, ADGM’s legal framework offers a universal appeal, fostering a prosperous digital asset ecosystem within a globally recognised jurisdiction.
Why Choose ADGM DLT Foundations?
Tailored Framework
Created specifically for the DLT and Blockchain industry, addressing unique regulatory and operational requirements.
Decentralisation
Recognition of decentralized governance, allowing community participants to have authority and control while having no physical presence requirements.
Regulatory Clarity
Well-defined legal and regulatory guidelines for token issuance, holding, and governance.
Global Precedence
The first-of-its kind regime designed for Blockchain Foundations and DAOs.
Tech-led Governance
Developed in collaboration with industry participants to ensure alignment with the latest developments.
Independent Legal Personality
DLT Foundations as ownerless legal structures that can sue and be sued, operating in accordance with the Objects defined by the Founders.
Straightforward Establishment
Provides a straight-forward process of establishing as a new entity or migrating overseas Foundations to the UAE.
Business-Friendly Ecosystem
Providing access to a vibrant ecosystem with reduced bureaucracy, enabling entities to focus more on core operational activities, thus fostering efficiency and growth.
360° Regulatory Support
Providing comprehensive support for blockchain activities to facilitate a holistic and efficient regulatory ecosystem.
Unique Benefits of DLT Foundations
Purpose-built for
the Industry
Tailored framework addressing the unique needs of Blockchain Foundations and DAOs.
Innovative Governance
Facilitating decentralized governance through token voting and smart contract-enabled processes.
Independent Legal
Personality
Establishing ownerless legal structures that can engage in legal proceedings.
Token Issuance
Well-defined legal and regulatory guidelines for issuing tokens.
Token Rights
Clear guidelines on token rights, promoting transparent governance.
Legal Fencing
Protecting Foundation's assets from foreign claims.
No Physical
Presence Requirement
Flexibility with operational setup without mandatory physical presence.
Migration of
Existing Foundations
Smooth migration process for existing foundations from other jurisdictions.
Ongoing Collaboration with
the Industry Participants
Continuous engagement with industry stakeholders to align with evolving market needs.
No Bylaws
Operational flexibility with an absence of bylaws, promoting diverse governance methods.
Efficient Setup
Quick registration and competitive setup cost, ensuring a streamlined entry and operational readiness.
Business-Friendly
Ecosystem
Access to a vibrant, business-friendly ecosystem fostering operational efficiency and growth.
Resources
The newly implemented legislative structure is designed to provide a comprehensive framework for DLT Foundations and Decentralised Autonomous Organisations (DAOs).
The Board of Directors of Abu Dhabi Global Market, in exercise of the powers conferred by section 68(3) of the DLT Foundations Regulations 2023, hereby makes the following Rules.
The Board of Directors of Abu Dhabi Global Market, in exercise of the powers conferred by section 68(3) of the DLT Foundations Regulations 2023, hereby makes the following Rules.
ADGM partners with several company services providers who submit and manage incorporation applications with the Registrar, and support ongoing filings on behalf of the business.
ADGM’s registered auditors are responsible for reinforcing and maintaining trust in financial reporting to ensure transparency and integrity of businesses operating in the jurisdiction.