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, (“Licenseesâ€) 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
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