ADGM Fund Management
Licensing (FSRA)
Full-Service Fund Manager
Licensing Support
Card 1 of 6: ADGM Fund Manager (FSRA)
ADGM's FSRA framework offers domestic and foreign fund manager regimes built on English common law, with proportional regulation across qualified investor, exempt, and public fund categories. ideal for emerging and mid-market managers.
FSRA Fund Manager — Quick Facts
The Numbers That Matter for an ADGM Category 3C
Verified figures from the FSRA Prudential Rulebook (PRU, in force 19 August 2025) and the FSRA Getting Started Guide. Capital requirement is the higher of Base Capital Requirement (BCR) and Expenditure-Based Capital Minimum (EBCM).
EBCM (no client assets)
13 / 52
Of annual audited expenditure
FSRA PRU Rule 3.7.1(c)EBCM (with client assets)
18 / 52
Of annual audited expenditure
FSRA PRU Rule 3.7.1(b)QIF notification SLA
5 business days
Manager must notify FSRA 14 days before initial offer
FSRA Getting Started Guide
Last reviewed: 2026-05-12. Figures change — verify against the regulator before quoting clients.
Why ADGM Fund Licensing
- English common law jurisdiction with independent FSRA regulator
- Proportional fund manager categories - domestic and foreign
- Recognised globally by institutional allocators
- Strong substance and operational presence framework
- Tax neutral with extensive treaty network
How We Help
End-to-end ADGM fund manager licensing - manager qualifications, fund constitution, regulatory authorisation, and ongoing compliance from concept to first close
[ 01 ]
Manager category & strategy assessment
Domestic vs. foreign manager, fund category.
[ 02 ]
Constitutional and regulatory documentation
PPM, fund rules, ADGM-compliant structuring.
[ 03 ]
FSRA authorisation submission
Form FSP, business plan, capital model.
[ 04 ]
Substance, key persons, and launch
Office, SEO/CO/MLRO appointments, commencement.
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