ESR
The United Arab Emirates (UAE) has enhanced the Economic Substance Regulation on 30th April 2019, The explicit requirement of ESR for the business to reveal that their actual activity is in UAE and not driven to get the benefit of low or non -tax Jurisdiction, the whole objective is to preventing the harmful tax practice of profit shifting from high-tax jurisdiction to low tax regimes.
On 10th Aug 2020, UAE introduced New Economic Substance Regulation, under cabinet of Ministerial Resolution no 57 of 2020 concerning Economic Substance Requirement along with the ministerial Decision no 100 of 2020 which replaced Former Regulation and the earlier associated laws.
Alwahat Accounts and Internal Audit Services, UAE based Accounting firm having Extensive service in all the Emirates, we work on line and on client spot to meet the client requirements.
We will assist the clients for: –
- ESR Filing Preparation
- ESR Filing
- ESR Notification
- ESR Updates
Are you looking for Specialized Services?
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Feel free to contact for any related enquiries.
