Skip to main content Skip to search
ESR Penalty Email from FTA

Perspectives on the UAE Economic Substance Regulations

Cabinet Resolution No.57 of 2020, which included the requirement for UAE enterprises to maintain an adequate “economic presence” in the UAE in relation to the activities they carry out, came into effect in April 2019. The Regulations, which were modified…

Read more
ESR Penalty Email from FTA

ESR Penalty Email from FTA

ESR Penalty Email from FTA in UAE Have you received a penalty email from the Federal Tax Authority for failing to comply with the UAE’s Economic Substance Regulation? In this article, we will look at why penalties are imposed and…

Read more
User guide for Economic Substance Regulations Appeal

User Guide For Economic Substance Regulations Appeal

About appeal user-guide This user-guide has been prepared to assist Licensees in submitting an appeal request to the Federal Tax Authority (National Assessment Authority) related to Administrative Penalties levied concerning Economic Substance Regulations. This guide will also assist the Licensees…

Read more
Business Services Dubai

Economic Substance Regulations (ESR) in Abu Dhabi

Economic Substance Regulations (ESR): The business environment in the United Arab Emirates has seen significant transformations as a result of the implementation of rules such as the Value-Added Tax (VAT) and Anti-Money Laundering Laws. Since the Economic Substance Regulations (ESR)…

Read more
Economic Substance Regulations

Economic Substance Regulations DIFC 

Economic substance regulations DIFC (Dubai International Financial Centre) are imposed by the registrar of companies in the UAE. These Economic substance regulations UAE were issued in 2019 by the UAE as a part of the country’s commitment as a member…

Read more
KGRN Chartered Accountants Default Featured Image Website

Economic Substance Regulations JAFZA

The Economic Substance Regulations JAFZA UAE was introduced to help promote transparency and accountability within the economy. The implementation of the Economic substance Dubai helped in improving the efficiency of the UAE’s economic infrastructure. The Economic Substance Regulations UAE requires…

Read more
People's hands are seen collaborating on financial charts and documents at a white table, with a calculator, glasses, money, and pencils—clearly showcasing the meticulous work of a Chartered Accountants Team. KGRN Chartered Accountants in Dubai offers a comprehensive range of services including audit and assurance, accounting and bookkeeping, tax consulting and compliance, business advisory, corporate finance, management consulting, internal audit, forensic accounting, company formation, and legal and secretarial services. Each service is tailored to support businesses in managing their financial operations effectively and ensuring compliance with regulatory requirements.

Economic Substance Test UAE

The Economic Substance Test implemented by Economic Substance Regulation UAE helped bring more accountability to the taxation infrastructure in the UAE. It helped the country get off the EU’s tax Blacklist, and improve its credibility in the international market. ESR…

Read more