Economic Substance Regulations (ESR) in DMCC Free Zone
The companies in the UAE are now facing a new responsibility to comply with the Economic Substance Regulations (ESR) introduced by the UAE government to meet the global standards for…
Read More 
Economic Substance Regulations (ESR) in DAFZA Free Zone
The UAE has always made commendable efforts in streamlining its economy in line with the global standards by curbing illicit financial practices. The implementation of AML CFT regulations and now the…
Read More 
How to File Economic Substance Notification in the UAE
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,…
Read More 
UAE Economic Substance Notification Deadline for Free Zones & Mainland Companies
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…
Read More 
Value Added Tax (VAT) on Financial Services in the United Arab Emirates
The VAT treatment of the financial services sector in the UAE is a complex process as a variety of transactions are involved in the industry. The complexity increases as the…
Read More 
VAT on Transportation Services in the United Arab Emirates
Understanding the VAT applicability on the transportation services in the UAE is crucial for businesses as the service cut across a wide variety of sectors. Almost every industry find transportation…
Read More 
ESR Compliance: 5 Requirements for the UAE Economic Substance Test
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…
Read More 
How VAT is Applicable on Shipping & Logistics Industry in the UAE
Understanding the VAT impact on the Shipping and logistics industry is crucial as the UAE holds the reputation of being a leading multi-modal transit and re-export hub. The UAE cater…
Read More 
What are the Relevant Activities Under Economic Substance Regulations in the UAE?
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…
Read More 
Everything You Need to Know About Economic Substance Regulations (ESR) in the UAE
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…
Read More