Economic Substance Regulation

All the licensees in UAE are obliged to assess their position with regards to newly enacted LAW on Economic Substance Regulations

Non-Compliance may attract hefty penalties ranging from AED 50,000 to AED 300,000.

Highlights

• Businesses required to undertake ESR compliances
• Understanding the meaning and scope of Relevant actitvites
• What is Economic Substance Test and how to satisfy its requirements
• The due dates to submit notification to relevant authority

Looking forward to welcoming you!

Last date is 30th June 2020