Economic Substance Regulations
The UAE Economic Substance Regulations (ESR) are applicable to all companies registered in the Mainland or Free Zones or Financial Free Zonesin UAE which are licensed to perform activities as mentioned below:
- Banking Business
- Insurance Business
- Investment Fund Management Business
- Shipping Business
- Lease-Finance Business
- Distribution & Service Centre Business
- Headquarters Business
- Intellectual Property Business
- Holding Company Business
Spectrum’s vast resource of blogs pertaining to Economic Substance Regulations which are updated frequently will give you further information about the activities that are considered in a particular relevant activity, the definition of each activity, what is an Economic Substance Test, who is a licensee, who is exempt from ESR, etc are all discussed in detail. Explore our knowledge base to equip yourself further on this subject or you can just simply mail us to guide you further.