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How to file economic substance notification in difc

Economic Substance Regulations (ESR) in DIFC Free Zone

June 14, 2020

The Economic Substance Regulations in UAE have come into effect and the mainland, free zone (including financial free zones) and offshore companies that carry out relevant activities are required to…

How to File Economic Substance Notification in the UAE

June 14, 2020

Economic Substance Regulations (ESR)

The business landscape of the UAE has undergone a major transformation with the introduction of regulations such as the Value Added Tax (VAT) and Anti Money Laundering (AML) regulations. Now,…

How to Obtain a Trade License in Dubai?

June 14, 2020

Company Formation

The UAE’s ranking on the ease of doing business is 16 as per The World Bank’s ease of doing business report 2019. The world bank report takes into account only…

Why Should You Setup a Business in Dubai?

June 14, 2020

Company Formation

Dubai has established itself as a strong contender among the global investment destinations after the diversification from an oil-based economy to a knowledge-based economy. By designing strong regulations and a…

Post COVID-19 | Bright Future for Freelancing Industry in the UAE

June 13, 2020

10 Sunrise Sectors Post COVID-19, Company Formation, Coronavirus (COVID-19)

10th Sunrise Sector: Freelancing Industry in the UAE The environment of business setup in Dubai is poised to undergo a drastic transformation in the wake of the unexpected impact of…

UAE Economic Substance Notification Deadline for Free Zones & Mainland Companies

June 9, 2020

Economic Substance Regulations (ESR)

The UAE has introduced the Economic Substance Regulations (ESR) in line with the global standards set by OECD to curb harmful tax practices. As per the ESR, the mainland, offshore…

ESR Compliance: 5 Requirements for the UAE Economic Substance Test

June 7, 2020

Economic Substance Regulations (ESR)

The UAE has been implementing various regulations, including VAT, AML, to streamline the economy as per global standards and the latest in this series is the UAE Economic Substance Regulations…

Everything You Need to Know About Economic Substance Regulations (ESR) in the UAE

June 7, 2020

Economic Substance Regulations (ESR)

The companies in the UAE, except those in which the government holds a share, are required to demonstrate they have adequate economic substance in relation to the relevant activities they…

A Guide to the Economic Substance Test in the United Arab Emirates

June 7, 2020

Economic Substance Regulations (ESR)

As per the UAE Cabinet of Ministers Resolution No.57 of 2020, the UAE companies that carry out relevant activities are required to meet the UAE economic substance test. The regulations…

What are the Relevant Activities Under Economic Substance Regulations in the UAE?

June 7, 2020

Economic Substance Regulations (ESR)

As the date for filing the annual Economic Substance Regulations (ESR) notification to the regulatory authority is nearing, the companies in the UAE are faced with the challenge of assessing…