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ESR Test

Economic Substance Test

Key Requirements for UAE Economic Substance Test

January 27, 2023January 18, 2023

On 10th August 2020, the UAE Cabinet of Ministers issued amendments to Resolution-31, also known as the Economic Substance Regulation, and introduced Resolution No. 57. According to Resolution No. 57, …

Read MoreKey Requirements for UAE Economic Substance Test

Categories ESR Test
Economic Substance Test

Offenses and Penalties for Failure to Meet the Economic Substance Test

December 9, 2022October 5, 2022

Businesses in the United Arab Emirates (UAE) that are subject to the ESR have to show economic presence commensurate with the volume and variety of major economic activity they engage …

Read MoreOffenses and Penalties for Failure to Meet the Economic Substance Test

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Recent Posts

  • Does Companies Accrue Penalties for Noncompliance to ESR?
  • The UAE Economic Substance Regulations (ESR) Reporting Guidelines
  • What is adequate or appropriate economic substance in the UAE?
  • ESR for Lease-Finance Business in UAE
  • Ways of Filing ESR Notifications and Report

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  • Economic Substance Regulations
  • ESR Notifications
  • ESR Penalty
  • ESR Report Filing
  • ESR Test

About Us

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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