Economic Substance Regulations (ESR)

The UAE Economic Substance Regulations require a licensee to meet the economic substance test in the UAE and file an economic substance return corresponding to the specific financial periods in…

The Economic Substance Regulations (ESR) requires the offshore, mainland and free zone companies in the UAE that conduct one or more relevant activities to meet the Economic Substance Test in…

The UAE Economic Substance Test requires a Licensee to demonstrate that the Licensee is directed and managed in the UAE in relation to the relevant activity, Core Income Generating Activities…

The companies in the UAE that fall within the scope of the Economic Substance Regulations (ESR) are required to meet the Economic Substance Test in relation to the relevant activity…

The companies that conduct the banking business in the UAE are required to meet the Economic Substance Test as per the Economic Substance Regulations (ESR). The banking business that generates…

The companies in the UAE that fall within the scope of the Economic Substance Regulations (ESR) are required to demonstrate economic presence in line with the level and type of…

IP poses a greater risk of artificial profit shifting as opposed to income derived from non-IP related activities. In view of this higher risk, the Licensees that conduct the High-risk…

The UAE government has issued Cabinet Resolution No. 58 of 2019 on 4 September 2019, which identified the Regulatory Authorities to oversee that the companies that conduct the Relevant Activities are…

Meeting the Economic Substance test in the UAE has become an absolute necessity for the companies to demonstrate that they are not committing any harmful tax practices. The companies will…

After filing the UAE ESR notification to the respective regulatory authorities the companies in the UAE are now required to meet the Economic Substance Regulation (ESR) Test. The regulatory authority…