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Economic Substance Regulations UAE

Economic Substance Regulations UAE

Submitted by • November 24, 2020 kgrnaudit.com

The Economic Substance Regulations – ESR is effective in UAE 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.
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