Compliance of UAE Economic Substance Regulations in Dubai
Gupta Accountants realizes the complex challenges of compliance with UAE Economic Substance Regulations while doing business. Gupta Accountants provides range smart solutions for compliance with UAE Economic Substance Regulations.
Introduction of Economic Substance Regulations in UAE:
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What is Economic Substance Regulations?
What Compliance is required under the UAE Economic Substance Regulations? Business Activities, subject to notification - substance test and annual substance return compliance under the UAE Economic Substance Regulation Economic Substance Regulations in United Arab Emirates Concerned Regulatory Authorities under ESR - Economic Substance Regulation in UAE Who is subject to the ESR? |
Economic Substance Test:
The Economic Substance Test requires a an entity to demonstrate that:
The Economic Substance Test requires a an entity to demonstrate that:
- the entity and the Relevant Activity are being directed and managed in the UAE;
- the relevant Core Income Generating Activities (CIGAs) are being conducted in the UAE; and
- the entity has adequate employees, premises and expenditure in the UAE.
Stages of Compliance with UAE Economic Substance Regulations:
Stage 1 : Notification
Stage 2: Annual Substance Return
Stage 1 : Notification
Stage 2: Annual Substance Return
Regulatory Authority under UAE Economic Substance Regulations:
Regulatory Authority has been specified under the regulations and it is the Regulatory Authorities that set the requirements, deadlines and format for notification filing as they believe is appropriate and which may vary. Regulatory Authority for the Relevant Activity
Regulatory Authority has been specified under the regulations and it is the Regulatory Authorities that set the requirements, deadlines and format for notification filing as they believe is appropriate and which may vary. Regulatory Authority for the Relevant Activity
Gupta Accountants competent team as ESR Consultants in Dubai, provides supports at all the stages of compliance with UAE Economic Substance Regulations
Why Gupta Accountants ?
- Professionally qualified and experienced ESR Consultant and Advisors in Dubai.
- Cost Effective ESR compliance services in Dubai and UAE.
- Compliance to International standards & applicable rules and regulations.
- Free Advisory
Gupta Accountants could assist with the ESR Compliance in Dubai to the companies based in Dubai Airport Free Zone -DAFZA,Dubai Auto Zone, Dubai Cars and Automotive Zone, Dubai Design District, Dubai Flower Centre, Dubai Gold and Diamond Park, Dubai Healthcare City, Dubai Industrial City, Dubai International Academic City, Dubai International Financial Centre -DIFC, Dubai Internet City ,Dubai Knowledge Park, Dubai Logistics City, Dubai Maritime City Authority, Dubai Media City, Dubai Multi Commodities Centre -DMCC, Dubai Outsource Zone, Dubai Science Park, Dubai Silicon Oasis - DSO, Dubai Studio City, Dubai Production City , Dubai Development Authority, Dubai Techno Park (New name: National Industries Complex), Dubai Textile City, Energy and Environment Park, International Humanitarian City , Jebel Ali Free Zone Authority JAFZA, Jumeirah Lakes Towers Free Zone, Dubai Production City.