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…

The UAE is a member of the OECD Inclusive Framework. As a result, the EU assessed the UAE’s tax framework, through the European Union (“EU”) Code of Conduct Group on Business Taxation. Therefore, to obtain a better rating, and improve…

IMPORTANCE OF ECONOMIC SUBSTANCE REGULATIONS UAE The Economic Substance Regulations – ESR in UAE is effective since April 2019 and it requires all mainland and Free Zone companies established in the UAE, (“Licensees”) to notify the relevant Regulatory Authority whether…