Under the Economic Substance Regulations UAE, which are sometimes referred to as the ESR guidelines, the United Arab Emirates put into effect the regulations in April of 2019. Because they increased both security and accountability, the rules that went into effect in January 2019 helped the United Arab Emirates improve its position in the global market. The following are the two primary filing requirements that are imposed by the Economic Substance Regulations notification for the UAE:
- Economic Substance Regulations UAE Notification
- Annual substance return
The concerned entities which fall within the scope of the Regulations must submit an annual Economic Substance Regulations form to the concerned Authority. Furthermore, they must submit an Economic Substance Report at least 12 months before the end of the financial year. KGRN Chartered Accountants can help you gain a clear understanding of the Economic Substance Dubai guidelines. Additionally, our team can help you rectify errors and ensure complete compliance.
Why KGRN?
- We help provide you with international market exposure, and our team of experienced professionals will give top-notch business advice.
- KGRN has a simple, yet elegant and business-friendly approach which leads to a quick resolution of all issues and queries.
- We offer adaptable and flexible services that will help you with all your legal requirements
- Also, we maintain a high level of privacy regarding your details.
For enquiries, call +971 45 570 204 / E-mail: [email protected]
For more detailed information about ESR, Visit: Economic Substance Dubai Guidelines
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