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Economic Substance Regulation Amendments in UAE

Economic Substance Regulation in UAE – Amendments to be Noted for Entrepreneurs

The Economic Substance Regulation was amended in August 2020 by the UAE Cabinet of Ministers. The Amendments have eased few regulations of the Economic Substance filing (physical presence & operations in UAE) for Companies operating in UAE under few specific categories (Relevant Activities as per ESR Compliance). Read to know more about the Introduction of … Continue reading

Economic Substance Regulations in UAE

Introduction of Economic Substance Regulations in UAE

UAE is removed from the European Union (EU) blacklist and all thanks to the introduction of Economic Substance Regulations. The United Arab Emirates (UAE) was removed from the European Union’s blacklist by the Code of Conduct Group on Business Taxation on October 10, 2019. UAE had introduced the Economic Substance Regulations under the specific guidance … Continue reading