Economic Substance Regulations | Tax Agency in UAE

FTA APPROVED TAX AGENCY

VAT Returns deadline is 28th of every month. Excise Tax Returns deadline is 15th of every month ESR Notification Submission deadline, 6 months from the end of the financial year ESR Report Submission deadline, 12 months from the end of the financial year Click here to know the Foreign Exchange (FX) rates applicable for VAT from the UAE Central Bank website

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Economic Substance (ESR) filing deadline extended to 31 January 2021

January 4, 2021 ESR and CbCR 0 Comment

The Ministry of Finance has extended the deadline for all companies to submit their Economic Substance Regulations Notification and Report to January 31, 2021. All UAE entities, who are involved in undertaking relevant activities, are required to submit ESR notification and report to Ministry of Finance, UAE in order to avoid penalties.