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  • Economic Substance Regulations

Economic Substance Regulation Penalties in UAE

The Economic Substance Regulations (ESR) were introduced in the United Arab Emirates (UAE) in 2019 to ensure that companies operating…

  • Economic Substance Regulations

The Role of Regulatory Authorities in Enforcing the ESR

In adherence to the Inclusive Framework of the Organization for Economic Cooperation and Development (OECD) and the European Union Code…

  • Economic Substance Regulations

ESR Registration in Dubai

Implementation of the Economic Substance Regulations (ESR) marks a significant milestone in the United Arab Emirates (UAE). This article aims…

  • ESR Report Filing

What are ESR notification and reporting requirements?

The Economic Substance Regulation was introduced in 2019 by the UAE government to encourage economic activity and combat harmful tax…

  • Economic Substance Regulations

Impact of UAE Economic Substance Regulations on International Businesses

The United Arab Emirates (UAE) has been a hub for international business and investment, attracting companies from various sectors due…

  • Economic Substance Regulations

Economic Substance Regulations in the UAE: Understanding Offenses and Penalties

Resolution No.57 of 2020, issued by the Cabinet of Ministers, outlines the Economic Substance Regulations that mandate compliance for business…