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MS gains DIFC Corporate Service Provider License, inaugurates new office space

MS, Company Service Provider License, announcement, in, DIFC, Dubai

Dubai, 29 August 2024 – MS Corporate Services (DIFC) Limited is proud to announce the successful acquisition of a Corporate Service Provider license and the establishment of its physical presence in the Dubai International Financial Centre (DIFC). With this, MS can offer a broad range of services to the local and international clients within the DIFC jurisdiction.

With over seven years of exceptional service in the UAE, MS has evolved from its humble beginnings in Abu Dhabi to strategically expanding its presence with key offices in ADGM, DMCC, and now DIFC. The success of their initial office in Dubai, located in DMCC—a vital hub for MS’s diverse service offerings—has paved the way for the opening of their second Dubai office in this premiere financial centre. This expansion not only reflects MS’s commitment to addressing the needs of the emirates, but also significantly enhances the capacity to serve the financial services sector across the broader Middle East, Africa, and South Asia (MEASA) markets.

By leveraging the strategic advantages of both ADGM and DIFC, MS is well-positioned to deliver tailored solutions and exceptional service to the regional and international clients. The newly acquired DIFC license marks a significant milestone in MS Group’s journey, allowing them to substantially broaden their service offerings. Building on their established expertise in company incorporation, compliance advisory, tax, and accounting services, MS is now positioned to provide comprehensive support in the establishment of prescribed companies, family offices, and foundations. Additionally, the expanded capabilities include offering specialized Company Secretarial Services and Residency services within DIFC. This enhancement of MS’s service portfolio reinforces their commitment to delivering holistic solutions, ensuring that evolving client needs in the UAE and beyond are met.

C A Mohammed Shafeek, Founder & Group CEO, MS, said “Dubai and DIFC are at the forefront of global finance and innovation, making our expansion into DIFC a natural progression in our journey within the UAE. The city’s ‘speed to market’ and relentless drive for innovation have always inspired us, and we are committed to upholding these values with the same agility and responsiveness. As one of the region’s leading financial hubs, DIFC offers a wealth of experience, knowledge, and expertise, which will be instrumental as we enhance our service offerings. Our vision is to establish MS as the premier Corporate Service Provider and Professional Service Provider across the region, and this step forward is a key part of our strategy to expand our presence across all International Financial Centres (IFCs) in the region. We extend our heartfelt thanks to the DIFC authorities for their outstanding support during our journey to establish our presence in the DIFC. We look forward to collaborating closely with DIFC authorities, our clients, and partners, as we contribute to the ongoing success and growth of this vibrant financial ecosystem.”

MS’s Dubai office is at Level 1 Gate Avenue – South Zone, Dubai International Financial Centre (DIFC), Dubai, UAE.

About MS

MS is a corporate and professional service provider that brings together a team of multidisciplinary professionals to offer expertise in corporate, compliance, advisory, tax, and accounting services to private and international clients.

MS operates under the trading names of M S Chartered Accountants LTD (ADGM), M S Global Solutions DMCC and MS Corporate Services (DIFC) Limited.

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Thriving Through Seven: The journey of MS Beyond Seventh and further!

Thriving Through Seven: The journey of MS Beyond Seventh and further!
Thriving Through Seven: The journey of MS Beyond Seventh and further!

#MSBeyondSeventh

In the quiet corridors of a tiny one-seater office situated in Abu Dhabi Mainland, we started our journey in 2017. MS or being fondly called Team MS – A journey filled with trials, setbacks, and moments of doubt. Yet, from the very confines of that first office, we dared to dream, to strive, and to endure. With seven years under our belt, we have mastered the art of excellence. From managing compliance to crunching numbers and staying ahead in tax and tech, we’ve got it down pat. 

Our story 

Back in 2015, our Founder C A Mohammed Shafeek, took a leap of faith. He left his tax and advisory job at a UAE-based company to chase his dream: building a tax and business advisory firm focused on helping entrepreneurs and businesses thrive. Fast forward to today, and we’ve got a dedicated team ready to support our clients anywhere across the globe, every step of the way. 

Starting from our modest roots in Abu Dhabi, MS embarked on a journey of growth and expansion. With each step forward, we navigated the obstacles with determination, expanding our world to the ADGM and MASDAR in 2022 and to DMCC jurisdiction in 2023. The journey from Abu Dhabi mainland to ADGM jurisdiction was not just a progression of location, it is a story of resilience, obstacles overcome, and the relentless pursuit of excellence to meet market demands.

Not only has MS garnered numerous industry awards and expanded our client base, but we’ve also actively participated in and celebrated our clients’ achievements, fostering mutual success. By providing sound advice and timely insights, we’ve helped them make the right decisions at the right time. It’s been a joyous journey celebrating these achievements together over the past seven years.

2023: A Year of Triumphs and Transformations

“Reflecting on our journey through 2023, we’ve demonstrated resilience, turning challenges into opportunities and reaching milestones together. As we celebrate our 7th Anniversary in March 2024, we’re excited about the developments ahead, all aimed at serving our GCC market with excellence. Let’s unite and channel our energies towards nurturing growth and success together in the coming years”.

Our Founder and Group CEO C A Mohammed Shafeek

MS kicked off 2023 with a resounding triumph: our entrance into the prestigious DMCC jurisdiction in Dubai. This marked the first of many milestones as we continued our journey toward excellence. Swiftly followed by the momentous launch of our R&D Hub in India, further solidifying MS’s commitment to innovation and global reach.

Progressing further, MS made waves at the Hub71 event. Our Founder and Group CEO C A Mohammed Shafeek stood out as a true leader during the interactive session on Corporate Tax in the UAE, showcasing his impressive knowledge and expertise. 

We seized a fantastic opportunity to sponsor and launch the Midfield Community Cup 2023, here in UAE, where we proudly served as the title sponsor.

Adding to our string of successes, MS clinched the prestigious Finnext Award 2023 for Kitaab and MS, recognizing us as an innovative company in finance. This remarkable achievement marked the first accolade of the year.

To our surprise, a tribute video which was a product of our Marcom team, created for ADGM’s 8th anniversary gained notable recognition from the ADGM authorities. Witnessing the video being played in the ADGM atrium by none other than the ADGM CEO marked a groundbreaking moment for MS, showcasing our impact and significance within the industry.

Remarkable final quarter of 2023: “Hayyakum” Abu Dhabi Finance Week to Cop28

As part of our ongoing vision, MS launched its significant initiative, phase one of ‘Hayyakum: To Your Destiny’, a week-long event aimed to offer valuable insights to the Abu Dhabi business community, regarding the expansion of Al Reem Island. Furthermore, MS has solidified its media presence by successfully collaborating with Times Network to capture the essence of ADGM and AD Financial Week 2023. It has been immense for us to explore and showcase the vibrant landscape of opportunities emerging from this thriving hub, propelling us into new realms of growth and prosperity.

A significant milestone in MS’s journey unfolded in 2023 with the partnership forged alongside the Global Alliance for a Sustainable Planet (GASP), marking a monumental step towards global climate action and sustainable development. The announcement of this partnership gained widespread attention at the COP28 UAE event. It’s moments like these that underscore MS’s commitment to driving positive change and shaping a more sustainable future for all.

As we reflect upon the journey that unfolded, we find ourselves standing at the intersection of accomplishment and introspection, poised to embrace the lessons garnered from both triumphs and tribulations. 

Our visionary future

We know each business is like a unique puzzle, that needs to be crafted and tailored based on the client’s requirements. So, we MSians dive in, work together, and tailor strategies that fit just right. At MS, our clients reign supreme, serving as the cornerstone of our growth, evolution, and unparalleled success. We are making our vision clear and broad as we step into this new phase. You might wonder, what’s our focus? It’s all about accelerating our growth in where we work and what we offer. In this seventh year, we aim for progressive global growth, delivering top-notch solutions across different regions and industries. With MS’s remarkable jurisdictional expansion, burgeoning client base, and numerous successes, we stand poised and eager to extend our exceptional service to DIFC, a testament to our unparalleled growth and dedication.

As we set sail into our seventh year, ‘MSBeyondSeventh’ becomes more than just a tagline; it’s a profound tribute to our origins nestled in the heart of the seven Emirates, The UAE. It encapsulates our journey, not merely spanning seven years, but transcending boundaries, propelling us towards boundless success and unprecedented growth. It symbolizes our collective aspiration to venture beyond the familiar, forging a path toward a future rich with promise and achievement.  As we step into this thrilling new chapter, we embark on a journey pulsating with innovation, growth, and a profound reverence for our roots. Here’s to ‘MSBeyondSeventh’ and the limitless possibilities that await us on the horizon!

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MS Group and GASP Unite for a Sustainable Future at COP28 UAE

MS Group and GASP Unite for a Sustainable Future at COP28 UAE
MS Group and GASP Unite for a Sustainable Future at COP28 UAE

In a groundbreaking move, MS Group proudly announced a transformative partnership with the Global Alliance for a Sustainable Planet (GASP), marking a pivotal moment in the pursuit of global climate action and sustainable development.

The stage for this momentous announcement was set against the backdrop of the COP28 UAE event, where leaders from across the globe gathered to address the urgent challenges posed by climate change. In response to these pressing issues, MS Group and GASP took a resolute stand, solidifying their commitment through a recently signed Memorandum of Understanding (MOU).

The MOU serves as a symbol of the groundwork laid for pioneering collaborations, knowledge exchange, and influential advocacy across scientific, developmental, and private sectors on a global scale. It’s not just an agreement; it’s a testament to the shared dedication of MS Group and GASP to building a resilient and carbon-conscious world.

Leadership at COP28 UAE

The announcement of this transformative partnership at COP28 UAE underscores the leadership of MS Group and GASP in actively contributing to the global effort for climate action. By aligning forces, both entities are positioning themselves as catalysts for positive change, addressing critical environmental challenges that demand immediate attention.

Paving the Way for Sustainable Initiatives

As the world grapples with climate crises, MS Group and GASP’s collaboration sets the stage for meaningful initiatives that go beyond rhetoric. From pioneering collaborations to knowledge exchange, this partnership aims to drive impactful change and contribute to a sustainable future for all.

This collaboration is an invitation to collectively take significant steps towards a sustainable future. It’s a call to action for individuals, businesses, and communities to join hands in prioritizing environmental stewardship and ensuring a world that thrives for generations to come.

In the spirit of unity, collaboration, and shared responsibility, MS Group and GASP are ready to lead the way towards a brighter, more sustainable future. Let’s embark on this journey together.

Stay tuned for updates on our collaborative initiatives and the positive impact we aim to achieve.