Understanding ESR for investment fund management business is important for people who run this business in the UAE because it comes under the scope of relevant activities as described by …
Non-compliance with the ESR regulations can lead a licensee to receive an Economic Substance Regulation penalty email from FTA. Economic Substance Regulations in the UAE suppose all the businesses that …
On 30 April 2019, the Economic Substance Regulations was issued by United Arab Emirates under Cabinet of Ministers Resolution Number 31 of 2019, according to the global standards set by …
Economic Substance Regulations in the UAE is a principle and law that requires a business license holder to adhere to Economic Substance Return on the gross income generated from their …
Economic Substance Regulations or commonly known as ESR, introduced by the government of UAE in 2019, requires offshore and free zone businesses to show substantial economic sources from Relevant activities …
According to the Cabinet of Ministers Resolution (no. 31, 2019), on the 30th of April, United Arab Emirates enforced Economic Substance Regulations (Resolution no. 31) for being an active member …