Eligibility for the Dual Licensing Regime is restricted to legal entities established within the ADGM. In order to qualify for Dual Licensing Regime dual licensing regime, a person must register an ADGM legal entity first.
Once a commercial license has been issued by the ADGM Registration Authority,the ADGM establishment entity seeking a dual license is subject to further qualifying criteria listed below.
Financial as well as non-financial business activities (License Category B) may benefit from the Dual Licensing Regime; while the Dual License Regime may relieve a qualifying institution from certain Abu Dhabi DED requirements, the conduct of financial activities within the Emirate will remain subject to any requirements imposed by the relevant financial regulator in the Emirate.
Activities eligible for the Dual Licensing Regime excludes retail store activities and activities reserved for Restricted Scope Companies. In addition, Foundations registered in ADGM do not qualify for the Dual Licensing Regime.