ESR Filing Deadline Extended Till January 31st, 2021
The Economic Substance Regulations (ESR) consistently has declared the all-encompassing cutoff time by a month in UAE.Continue Reading
The Economic Substance Regulations (ESR) consistently has declared the all-encompassing cutoff time by a month in UAE.Continue Reading
We recently examined the presentation of ESR in the UAE on 30 April 2019 in Law-Now here and here.Continue Reading
The UAE Cabinet of Ministers has given Ministerial Decision No. 100 of 2020 with refreshed direction on the UAE Economic Substance Regulations (ESR) system. Continue Reading
On the tenth of August 2020, the UAE Cabinet of Ministers ordered critical changes to the Economic Substance Regulations under the Cabinet of Ministers Resolution No. 57 of 2020, which supplanted and revoked the past enactment. Continue Reading
Under the UAE Economic Substance Rules, the inability to conform to the economic substance regulations can bring about fines of up to AED 300,000. Continue Reading
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