Economic Substance Regulations Dubai
The Economic Substance Regulations – ESR in UAE is effective since April 2019 and it requires all mainland and Free Zone companies established in the UAE, (“Licensees”) to notify the relevant Regulatory Authority whether their activities fall within the scope of a ‘Relevant Activity’ or not on an annual basis. .KGRN Chartered Accountants can conduct an impact analysis – studying and analyzing the effect of the new economic substance regulations on your existing businesses