Insurance Agency in ADGM
Abu Dhabi Global Market — Abu Dhabi, UAE. From AED 27,000/yr.
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Setting Up Insurance Agency in ADGM
To operate a insurance agency business in Abu Dhabi Global Market, you need a Professional license. ADGM is located in Abu Dhabi and specializes in financial services, fintech.
Key features: Al Maryah Island, English common law
Insurance Agency operates within the UAE's regulated financial ecosystem, one of the most developed in the MENA region. Licensed across 17 free zones, this activity serves individuals and businesses. A professional license is required, typically suited for service-based and specialist activities.
About ADGM: Abu Dhabi Global Market (ADGM) is an international financial centre on Al Maryah Island operating under its own English common law framework. Regulated by three independent authorities — the Registration Authority, Financial Services Regulatory Authority, and ADGM Courts — it serves as a hub for banking, asset management, fintech, and professional services. ADGM's legal certainty and arbitration capabilities attract global financial institutions.
Cost Packages at ADGM
| Package | License Fee | Visas | Office | Total Year 1 |
|---|---|---|---|---|
| ADGM Tech Startup License | AED 10,000 | 2 (AED 5,000/pp) | Flexi Desk AED 5,000 | AED 27,000 |
| ADGM Commercial License | AED 15,000 | 4 (AED 6,000/pp) | Office AED 30,000 | AED 56,000 |
| ADGM Financial License | AED 25,000 | 6 (AED 7,000/pp) | Office AED 50,000 | AED 92,000 |
Requirements
| License Type | Professional |
|---|---|
| Activity Category | Finance |
| Free Zone | Abu Dhabi Global Market |
| Emirate | Abu Dhabi |
| Minimum Setup Cost | AED 27,000 |
| Official Website | www.adgm.com |