How to File ESR Assessment in UAE?
According to Cabinet Resolution no. 57 and Ministerial Decision no. 100 of 2020, an ESR assessment is performed by the National Assessing Authority to assess whether or not a business …
Investment Fund Management Business as per Economic Substance Regulations
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 …
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Things to be notified in Economic Substance Notification Form
The economic substance notification form is an initial requirement of Economic Substance Regulations in the UAE. ESR regulations in the UAE require all the businesses that fall under its scope …
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How to Submit Economic Substance Regulations Appeal Request?
Economic Substance Regulations appeal user-guide is used to provide assistance to the Licensees or Exempted Licensees on how to submit their ESR appeal request to the Federal Tax Authority. In …
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Economic Substance Requirements in UAE
In 2019 as per the Cabinet of Ministers Resolution no. 31, the United Arab Emirates introduced the Economic Substance Regulations after the OECD (Organization for Economic Cooperation & Development) in …
Assess Your Economic Substance Regulations Applicability Correctly to Avoid Penalties
Economic Substance Regulations are a set of rules, regulations, and requirements that are meant to follow by some businesses in the UAE. The purpose of ESR is to regulate and …
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Economic Substance Regulations Penalty Email from FTA in UAE
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 …
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Economic Substance Regulations for Insurance Business
Understanding ESR for insurance business is important for people who operate this business in the UAE because it is one of the relevant activities as described by the Economic Substance …
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Ways of Filing ESR Notifications and Report
According to the standards set by OECD and EU COCG the Economic Substance Regulations were issued by United Arab Emirates on 30 April 2019. Moreover, the assistance for these regulations …
Economic Substance Reporting & Guidance in UAE
Economic substance reporting is a requirement of Economic Substance Regulations and a procedure of providing the information about the licensee, assets, expenditure, income, employees, and management to the National Assessing …