The Economic Substance Regulations (ESR) were introduced in the UAE to ensure that businesses with relevant activities have substantial operations and presence in the country. These regulations are aligned with global standards set by the OECD and the European Union to prevent harmful tax practices.
If your company falls under the ESR scope, you must demonstrate real economic activities and comply with reporting requirements. Alamtar helps businesses in identifying whether they fall under ESR, preparing required documentation, and ensuring compliance with all legal obligations.
Entities carrying out the following Relevant Activities must comply with ESR:
Failure to comply with ESR can lead to:
Let Alamtar take care of your ESR obligations so you can focus on your business. Contact our team today for expert guidance.
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