Important Amendments to UAE Economic Substance Regulations
Background On 10 August 2020, the UAE Cabinet of Ministers issued Cabinet Resolution No. 57 of 2020 (the “amended ESR”) which replaces the original Economic
Background On 10 August 2020, the UAE Cabinet of Ministers issued Cabinet Resolution No. 57 of 2020 (the “amended ESR”) which replaces the original Economic
As a UAE registered entity, you will be affected by the Economic Substance Regulations. The first stage of the implementation will be to submit your
Overview As part of the continued communication of the implications on businesses concerning Economic Substance Regulations (‘ESR’), the UAE Ministry of Finance (MoF) issued Cabinet
Overview As of 30th April 2019, The UAE Cabinet introduced economic substance (“ES”) rules. Further guidance (Ministerial Decision No 215 For The Year 2019 On