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The Regulations provide a definition to each of the above Activities. The provisions of the Regulations shall not apply to Companies in which the Federal Government of the UAE or the Government of any Emirate of the UAE, or any governmental authority or b...

ESR filing deadline for Notifications will be extended to 31st December 2020, because the MOF was activated just recently (first week of December 2020).

The UAE has newly introduced Economic Substance Regulations, and accordingly, all UAE organizations that might be dependent upon these regulations should be set up to make a move and ensure compliance.

The ESR advisory is given by the expert consultants from the Economic Substance Regulation services in Dubai who manage the mainland organizations to obey with ESR set down for the mainland organizations.

The regulations require UAE onshore and free zone companies and other UAE business forms that carry out any of the “ Relevant Activities” to maintain adequate economic pressure in the UAE relative to the activities they undertake. The Economic substance r...