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Requirements of Leasing-Financing Businesses on Economic Substance Regulations in UAE

September 8, 2021September 8, 2021

Mainland, offshore, and free zone firms that are in the business of leasing and financing in the United Arab Emirates are required to comply with Cabinet Resolution (No 31) of …

Categories Economic Substance Regulations

Economic Substance Regulations for Shipping Business in UAE

September 9, 2021July 2, 2020

The Economic Substance Regulations(ESR), introduced in UAE on 30th of April 2019 with the Cabinet Resolution of 2019 no 31, applies requirements for economic substance on licensees or business entities …

Categories Economic Substance Regulations

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Farahat & Co has dedicated Regulatory and Risk Advisory experts that can offer you with legal advice in connection with UAE Economic Substance Regulations. Our team is committed in providing solutions that enable clients that are affected by the legislation to satisfy the requirements for sufficient substance in United Arab Emirates, including annual reporting and notification filing.

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