A Special Purpose Vehicle (SPV) can be established in the Abu Dhabi Global Markets (ADGM) for a wide variety of business types, uses and industries.
Some of the key features of an SPV include:
- quick and easy incorporation process
- access to numerous Double Tax Treaty network
- governed by ADGM which has its own independent English Common Law court and its own financial regulator
- there’s no need to have physical office space if an agent is appointed
- attestation is not required for many corporate documents.
An SPV can be established for many reasons, including asset transfer, risk sharing, real estate investment and intellectual property.