Abu Dhabi Global Market

Abu Dhabi Global Market(ADGM) stands tall as a premier International Financial Centre (IFC), where excellence flourishes within a community driven by forward-thinking initiatives, actively shaping the future of finance on a global scale. MS stands by your side, providing Financial and Advisory services covering compliance, Accounting, Tax, and Technology solutions. With over seven years of experience, we offer invaluable insights into local regulations, strategically positioned in ADGM.
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Let MS empower your business in ADGM

Mohammad Shafeek

Founder & Group CEO, MS

Let MS empower your business in ADGM

Overview
Abu Dhabi Global Market

Abu Dhabi Global Market is a premier International Financial Centre (IFC), renowned for its adherence to 100% English common law offering clarity, stability, and confidence to businesses and investors worldwide. With Al Reem Island included, ADGM is instrumental in Abu Dhabi vision to emerge as one of the world's largest international financial districts. ADGM offers a comprehensive suite of business solutions encompassing different legal structures, streamlined company registration and incorporation processes, regulatory guidance and oversight, efficient dispute resolution mechanisms, and access to a vibrant community of like-minded professionals. ADGM's strategic move expands the economic diversification strategy of Abu Dhabi, improving its status as a top global financial center and shaping the landscape with innovative and strategic initiatives.

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Watch Them Say, Why MS!
Testimonials | Episode 1 | Rebound Exchange

Testimonials | Episode 1 | Rebound Exchange

Testimonial | ADGM | Abu Dhabi | Episode 2

Testimonial | ADGM | Abu Dhabi | Episode 2

Testimonial | ADGM | Abu Dhabi  | Episode 3

Testimonial | ADGM | Abu Dhabi | Episode 3

Watch Them Say,
Why MS!
Testimonials | Episode 1 | Rebound Exchange

Testimonials | Episode 1 | Rebound Exchange

Testimonials | Episode 1 | Rebound Exchange

Testimonials | Episode 1 | Rebound Exchange

Testimonials | Episode 1 | Rebound Exchange

Testimonials | Episode 1 | Rebound Exchange

Al Reem Island Expansion

Marking a significant milestone in its growth trajectory, Abu Dhabi Global Market (ADGM) has expanded its jurisdiction to encompass Al Reem Island, creating one of the world's most concentrated financial districts. This strategic move aligns seamlessly with ADGM's Growth Strategy, which envisions Abu Dhabi as a leading global financial hub, with its financial sector playing a pivotal role in driving economic diversification and growth. The expansion of ADGM's geographic footprint by tenfold through the inclusion of Al Reem Island presents a wealth of opportunities for international companies seeking to establish a presence in this dynamic and rapidly evolving financial centre.

Benefits of
incorporation in ADGM

In October 2015, Abu Dhabi Global Market (ADGM) became fully operational, opening its doors to welcome local and international enterprises and institutions. Located in the heart of Abu Dhabi, ADGM serves as a bridge between the east-west corridor. ADGM offers a secure and efficient platform for companies and financial institutions.

Independent judicial system based on 100% British Common Law.

Seamless digital experience for services in ADGM E-Courts.

100% foreign ownership.

Broad range of commercial activities.

Favourable tax conditions, providing the opportunity to repatriate profits and capital.

Attractive tax regime and access to UAE’s excellent network of double tax treaties.

Abu Dhabi
Gateway to Success

Located in the heart of Arabia, Abu Dhabi is home to more than 200 nationalities. It is an aspiring global financial centre, a growing innovation hub, a leading energy producer, and a world-class tourist destination and cultural centre. Beyond financial gains, the emirate's commitment to sustainability enhances the appeal, ensuring long-term environmental and economic benefits. Accounting for 60% of the UAE's total economy, Abu Dhabi is home to world-class human capital from various levels and specialties with a best-in-class regulatory environment. With one of the world's most diverse populations, the emirate offers an excellent quality of life. Ranked 2nd in the MENA region and 12th in the World for ease of doing business. Abu Dhabi is an ideal location for companies and businesses to invest, innovate and prosper.

for ease of
doing business

in the MENA region

in WEF's Global
Competitiveness Index

in the Middle East

The safest city

in the World

The smartest city

in the Middle East

Why Abu Dhabi?

Strategic Location

Situated at the crossroads of Asia, Europe, and Africa with 33% of the world just a 4-hour flight away and 80% of the world reachable with an 8-hour flight, the emirate offers world-class infrastructure and connectivity across four time zones.

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Services in ADGM

Corporate

Discover bespoke corporate solutions designed to elevate your business at ADGM with MS. With a proven track record and a commitment to personalized excellence...
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Compliance

In the dynamic environment of ADGM, our Compliance Services stand as a cornerstone, offering meticulous oversight to navigate and adapt to evolving regulations...
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Accounting

Accounting services in ADGM are vital for precision in financial management, regulatory compliance, and strategic decision-making. Our dedicated experts at MS, ensure accurate...
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Tax

In the dynamic landscape of ADGM, tax services are crucial for businesses seeking financial efficiency and compliance. At MS, our expert tax professionals navigate the intricacies...
Read More
Client Success Stories
Prof. Jamal Sanad Al-Suwaidi

Prof. Jamal Sanad Al-Suwaidi

H.E. Minister

Maria Vavoulas

Maria Vavoulas

Former Group COO

Khalid Akhrif

Khalid Akhrif

Vice President

Ala Qumsieh

Ala Qumsieh

Co-Founder & CEO

Prof. Jamal Sanad Al-Suwaidi

H.E. Minister

United Arab Emirates

"Every member of the team is very supportive and shows exceptional dedication to this company. Their support and ability to understand our needs and the amount of effort they have put into work directly impacted us. I would highly recommend MS Group to other companies and related sectors."

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Why MS
as your Company Formation Partner in ADGM

MS in ADGM goes beyond mereOur team is Energetic, Passionate, and Curious Tax practitioners, Accountants, Lawyers, Technologists & Problem solvers with diverse expertise and backgrounds who guarantee a flawless business. Keeping efficiency, transparency, and regulatory compliance as the priority, we can build a client-centric approach to give you ongoing support. With cutting-edge technology and a deep understanding of the economic system, MS can be the catalyst for your business excellence in the ADGM.

Frequently Asked Questions (FAQ)
Can I choose any company name for the ADGM proposed company?
The company name must be compliant with the ADGM Business and Company Name Rules. Name must not be identical or almost identical to any entity currently registered in the ADGM or any other relevant jurisdiction.
Is the appointment of a Data Protection Officer applicable to all entities in ADGM?
Regardless of the company's size, a Data Protection Officer (DPO) must be appointed if: The company is a public authority processing personal data. The company processes personal data on a large scale. The company regularly and systematically monitors individuals. The company processes special category data (e.g., medical data, biometrics, data revealing racial or ethnic origin, political beliefs/opinions, religious or philosophical beliefs) or criminal conviction data.
What is the timeframe for setting up ADGM?
The entire process typically takes 2-3 weeks, provided that all documents are submitted to ADGM. The timeline may vary subject to the provisions of any additional information /documentation requested by ADGM during the process.
Are AML rules applicable to all entities in ADGM?
All ADGM entities are subject to AML supervision. DNFBPs Designated Non-Financial Professions and FSRA regulated firms are obliged to comply with the provisions under the AML Rulebook.
Can a filing time extension be requested?
Companies should take appropriate measures to ensure that the filing date is identified, and the filing is prepared and submitted within the prescribed period.
However, if due to unforeseen circumstances or an exceptional reason the filing is delayed, a company may request the Registration Authority for the extension period.
The extension request should include all relevant information including an explanation of why the company cannot comply with the prescribed period for filing and the length of the extension being requested. Depending on the reasons and circumstances, the Registration Authority may require documentary evidence supporting the claims to be provided.
Requests for extensions should be made in writing as a letter, stamped and signed by an authorised signatory or a director of the company, and emailed to the Monitoring & Enforcement Department at [email protected]
If the Registration Authority is satisfied with the information given is sufficient for extension of time, a confirmation will be provided with the new deadline for filing.
If the request for an extension is not granted and a company fails to submit the filing on time, the company will be liable to the relevant late filing penalty. Time taken by the Registration Authority to consider an extension request that is not granted shall not be a valid reason for failing to meet the original deadline for filing.
What ensues when a fine is levied?
When a company fails to deliver the accounts to the Registration Authority on time, a late filing penalty is imposed automatically.
The penalty imposed will generally be determined as per the Guide.
In case of online submission of filing via Registration Authority’s online portal, the penalty notice will be issued electronically by the portal.
In case of hard copy submission, the Registration Authority will issue a penalty notice to the company’s registered office address.
Can the fine levied be appealed?
An appeal can be made against a late filing penalty only if the company demonstrates that the circumstances are exceptional or that the fine imposed was incorrect.
The Registration Authority has very limited discretion not to collect a fine. Exceptional circumstances include unforeseen and catastrophic events that render a company unable to submit a filing.
A company should take appropriate measures to ensure that its accounts are ordinarily prepared (and audited, if required) and submitted to the Registration Authority within the prescribed period.
How to hand over annual accounts to the Registration Authority?
The easiest way to hand over the filing to the Registration Authority is through uploading the file in their online portal, available at www.registration.adgm.com
Is the appointment of a Director mandatory in ADGM? What are the requirements ?
A private company must have at least one director who is a natural person. A minimum of 2 directors are required in the case of a public company. Directors must be 18 years of age, must not be disqualified from acting as a director and must not be an undischarged bankrupt.
Is the appointment of an authorized signatory mandatory?
Yes, this is mandatory. At least one of the authorized signatories must be a UAE resident /GCC national. Emirates ID, Passport and Visa copy must be provided to ADGM during Incorporation Application. The appointment must be passed by a resolution of the incorporating shareholder/s.
Who is UBO?
Any ultimate person who holds more than 25% of ownership or control in ADGM legal entity is considered as Ultimate Beneficial Owner.
How to prevent paying a fine?
Penalties for delayed filing can be avoided by ensuring that when a filing obligation is due, all the process must be in place and filing is prepared and submitted to the relevant Registrar within the specified filing period.
What if a filing is returned?
The filings which do not meet the requirements of the Companies Regulations of the Registration Authority will be returned back for correction. For example, if the accounts are not signed by a director, or accompanied by a director’s report (if applicable).
A late filing penalty will be imposed if the filing is resubmitted after the impending date of the original filing.
What if the fine goes unsettled?
The Registration Authority treats the fine as a debt due to it, if all or any of the amount of a fine is outstanding at the end of the deadline for payment as specified in the notice.
The Registration Authority may apply to the ADGM Courts for recovery of the debt.
How to make an appeal?
An appeal must be made in writing and the letter should be addressed to the Monitoring & Enforcement Department.
The letter should include all the details of the exceptional circumstances and reasons as to why the Registration Authority should consider the appeal. The letter must be duly stamped and signed by a director or authorized signatory of the company and should be submitted by email to [email protected].

Reach out to us for all your queries.
Assuring you a best solution from the most energetic team at MS.

Get the Right Guidance.

Speak to our expert who can assist you with the processes of ADGM Setup and Compliance in the UAE.

Reach out to us for all your queries.
Assuring you a best solution from the most energetic team at MS.

Get the Right Guidance.

Speak to our expert who can assist you with the processes of ADGM Setup and Compliance in the UAE.