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Economic Substance Regulation (ESR)

Last Update vor 3 Jahren

What are Economic Substance Regulations in UAE? Is ESR mandatory in UAE? Who needs to submit Economic Substance Notification? What are relevant activities included in the scope of ESR? What are the penalties for ESR non-compliance in UAE?

What are the exemptions under Economic Substance Regulations (ESR)?

KPI Marketing

Last Update vor 3 Jahren

The Regulation exempts certain licensee from filing the ES Report and demonstrate substance in the UAE such as:

• A licensee that is tax resident outside the UAE

• An Investment fund and its underlying SPVs/investment holding entities

• A wholly UAE resident owned business that is not part of a multinational group and that carries out business in the UAE

• A branch of a foreign entity that is subject to tax on all its income in a foreign jurisdiction



For more information on Economic Substance Regulations, visit Economic Substance Regulations page.

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