UAE Economic Substance Regulations (ESR) Report – the contents of the ESR Report Form As many companies in UAE already submitted ESR Notification and most of them are conducting either…
ESR Notification Filling guidance issued by Ministry of Economy
The following is an extract of the guidance issued by Ministry of Economy to fill the ESR Notification Form for all the mainland companies in UAE. Instructions A. Licensee details…
UAE Financial Leasing Law update
A finance lease (also known as a capital lease or a sales lease) is a type of lease in which a finance company is typically the legal owner of the…
ESR Notification Deadlines & Links
Compilation of ESR Notification Deadlines for various Relevant Authorities UAE Economic Substance Regulations (ESR) notification for all free zones is mentioned below. You can find ESR DSO, ESR DWTC, ESR…
ESR Notification circular for JAFZA companies
Jebel Ali Free Zone Authority (JAFZA) has released the ESR Notification circular for JAFZA companies to be complied with for all those entities which are conducing the Relevant Activities under…
Cloud Accounting – Downside of the Paradigm Shift
Cloud Accounting – Downside of the paradigm shift Since the inception of cloud technology, it has been the most valuable asset for organizations to keep up the trend. Cloud accounting…
Things to keep in mind to increase the sales of an organization (Or) Guide to boost sales of an organization
No magic way to achieve success Are you one of those owners who have a great product but the sales of it are not so great. Do you belong to…
New guidelines on Winding up or liquidation of a company or branch in DMCC
Background Is there any corporate law in existence in UAE? Is there any framework to issue business licenses in UAE? Yes! Every Emirate has its own corporate code. Licenses are…
ESR Notification Form
Ministry of Economy has issued ESR notification form to be filled for all the mainland companies. The purpose of this Notification is to provide the Regulatory Authority with certain initial information…
Update on Economic Substance Regulations (ESR)
Further to our Economic Substance Regulations (ESR) regular updates, here is an announcement with respect to the deadline for filing of notification form as mentioned by concerned authorities. Dubai…
Economic Substance Regulations(ESR) – Holding Company Business
A Holding Company Business is defined under Article 1 of the Regulations as a business that: (a) Is a Holding Company in accordance with the law applicable to the Licensee…
Economic Substance Regulations (ESR) – Shipping Business
To undertake a Shipping Business, a Licensee must operate one or more ships in international traffic, for the transport of either passengers, cargo or both. The definition of a…