Federal Legislation establishes ADGM as a Financial Free Zone
Article 121 of the UAE Constitution contemplates the division of legislative jurisdiction between the federation and each Emirate. In year 2004, Article 121 was amended in order to extend the legislative jurisdiction of the federation to include regulating the establishment of Financial Free Zones and the scope of exempting such zones from the application of federal legislation.
Federal Law No. (8) of 2004
This Law allows establishing a Financial Free Zone in any Emirate of the UAE, by Federal Decree. It exempts Financial Free Zones and Financial Activities from all Federal civil and commercial laws. However, UAE criminal law still applies.
Federal Law No (8) of 2004 -Unofficial English translationpdf
Federal Decree No. (15) of 2013 and Cabinet Resolution No. (4) of 2013
The Federal Decree and Cabinet Resolution established ADGM as a Financial Free Zone on Maryah Island in the Emirate of Abu Dhabi. The area is 114 hectares.
Federal Decree No (15) of 2013 - Unofficial English translationpdf
Cabinet Resolution No (4) of 2013 - Unofficial English translationpdf
Cabinet Resolution No. 28 of 2007
A Cabinet Resolution in regard to implementing Regulations of Federal Law No. 8 of 2004 concerning Financial Free Zones.
Cabinet Resolution No 28 of 2007 - Unofficial English translationpdf
Cabinet Resolution No 19 of 2018 amending Cabinet Resolution No 28 of 2007 - Unofficial English Translationpdf