Tag: Economic Substance Regulation

Entities falling within scope of ESR, with financial year-end 31st December 2020, will have till 8th July 2021 to submit their respective Notification or Substance

All entities with financial year-end 31st December 2020 and falling within the scope of ESR should have submitted an ESR Notification with the Ministry of

Following the latest announcement on the deadline for Licensees to submit a Notification and, as the case may be, a Substance Report submission through the

Following the latest announcement on the deadline for Licensees to submit a Notification and, as the case may be, a Substance Report submission through the

On 10th and 19th August 2020 respectively, the Ministry of Finance (“MoF”) issued Resolution No. 57 of 2020 (“Resolution”) and Ministerial Decision No. 100 of

On 10th and 19th August 2020 respectively, the Ministry of Finance issued Resolution No. 57 of 2020 (“Resolution”) and Ministerial Decision No. 100 of 2020

The deadline for UAE Licensees to file the ESR Notification is now passed. Missing the deadline will trigger fines unless Authorities make use of their

30 June has emerged as the almost-consensus notification deadline date for most UAE registrars and authorities with respect to ESR compliance. DDA has issued an

DACC has issued a new circular stating that the deadline for the ESR filing obligations of its Licensees has been extended to 23 June 2020.

JAFZA and the MoE have issued guidelines and announced for Licensees to comply with their Economic Substance Regulation (“ESR“) filing obligations. JAFZA and DED Licensees