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ADGM LEGAL FRAMEWORK

  • ABU DHABI GLOBAL MARKET
    • FEDERAL LAW NO (8) OF 2004
    • FEDERAL DECREE NO (15) OF 2013
    • CABINET RESOLUTION NO (4) OF 2013
    • CABINET RESOLUTION NO. 28 OF 2007
    • ABU DHABI LAW NO. (4) OF 2013
    • ABU DHABI LAW NO. (12) OF 2020
    • ADGM LEGAL FRAMEWORK
    • ADGM COURTS PROCEDURES
    • GUIDANCE & POLICY STATEMENTS
      • FSRA
      • RA
        • Office of Data Protection
        • Guidance on Exemptions from the Requirement to Appoint a Company Service Provider
        • Guidance on Client Money
        • Voluntary Liquidation Guidance
        • Beneficial Ownership and Control Guidance
          • Introduction
          • ADGM Requirement
          • How to determine the beneficial owner?
            • Test 1: The Ownership Test
              • Direct Ownership
              • Indirect Ownership
              • Multiple Indirect Ownership
            • Test 2: The Control Test
            • Test 3: The Management Test
          • Disclaimer
        • Guidance on Applications for Accounts Filing Extensions
        • COVID 19 Implication for Data Protection
        • Data Protection Guidance Note
        • Decision Procedures, Disqualification and Enforcement Manual
    • PUBLIC CONSULTATION PAPERS
    • NOTICES OF PUBLICATION
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Breadcrumb

  1. ABU DHABI GLOBAL MARKET
  2. GUIDANCE & POLICY STATEMENTS
  3. RA
  4. Beneficial Ownership and Control Guidance
  5. How to determine the beneficial owner?
  6. Test 1: The Ownership Test
  7. Indirect Ownership
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  • Aug 06 2020 - Aug 05 2020
  • Aug 06 2020
‹ Direct Ownership Multiple Indirect Ownership ›

Indirect Ownership

In this example, Individual 1 is the indirect owner and beneficial owner of the ADGM Entity.

In this example, Individual 1 and Individual 2 are indirect owners and beneficial owners of the ADGM Entity.

‹ Direct Ownership Multiple Indirect Ownership ›
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