Important Alert – UAE Economic Substance Regulations
The abolishment of the UAE Economic Substance Regulations has been published in the Official Gazette on 16 September 2024 from financial year 2023. The Cabinet
ESR
Economic Substance – Compliance and Administrative Penalties
Annual Compliance and Key Actions The Economic Substance Regulations (ESR) apply to all United Arab Emirates (UAE) onshore and free zone legal entities. It carries
Extension To ESR Filing & Notification Granted Until 31st January 2021
The Ministry of Finance has therefore extended the deadline for submissions: please see the notice below. To support businesses that may have been impacted by COVID-19
Important Changes On Tax Residency Certificates Under Cabinet Resolution No. 57 of 2020
Background On 10 August 2020, the UAE Cabinet of Ministers issued Cabinet Resolution No. 57 of 2020 (the “amended ES Regulations”) which replaces the original
Economic Substance Regulations & Beneficial Owner (UBO) Procedures & Deadline – FAQs
Under the enactment of two pieces of legislation affecting Mainland and Free Zone entities registered in the UAE: All entities were required to submit an
