Kreston Menon
  • Home
  • About
    • Why Kreston Menon
    • Chairman’s Message
    • Social Responsibility
    • Meet the Team
    • Affiliations
    • Ethics & Compliance
    • Group Entities
    • Industries We Serve
  • Services
    • Audit & Assurance
    • Business Advisory & Consulting
    • IFRS Advisory
    • Company Formation & Corporate Services
    • Taxation Services
    • Technology Consulting
    • Compliance & Anti-Money Laundering
    • Corporate Governance, Risk, Compliance (GRC)
    • Corporate Finance Consulting
    • Accounting & Payroll Services
    • ICV Consulting
    • ESR Compliance
  • Kreston Global
  • Publications
    • Doing Business in Dubai
    • The View from My Perch
  • Insights
    • Newsletters
    • Blog
  • Careers
  • Contact
    • Dubai
    • Sharjah
    • Abu Dhabi
    • JAFZA
    • DAFZA
    • DMCC
    • Ras Al Khaimah
    • Hamriyah Free Zone
    • KIZAD
Select Page
Get Started

Economic Substance Regulations (ESR) Compliance

  1. Home
  2. /
  3. Services
  4. /
  5. Economic Substance Regulations (ESR)...

On 30 April 2019, the UAE Cabinet issued the Cabinet of Ministers Resolution No. 31 of 2019 concerning Economic Substance Regulations (ESR) requiring all in-scope UAE entities to comply with the Inclusive Framework on Base Erosion and Profit Shifting (BEPS) to ensure that profits are accounted by the entities where the actual economic activities are conducted and value created.

ESR requires all businesses having a commercial license, certificate of incorporation or similar permits issued by any regulatory authority in UAE (licensees) carrying out one or more Relevant Activity to substantiate adequate economic substance in the UAE. Whereas, ESR excludes UAE licensees with direct or indirect holding of at least 51% by any UAE Government, Governmental authority and/or body.

 

  • Assist in ESR Notification Preparation and Submission to Authorities
  • Assist in ESR Report Preparation and Submission to Authorities
  • ESR Impact Assessment and Gap Analysis

GET STARTED

Get in touch with one of our team experts for a consultation on our services.

Request a Consultation

Level 15, Lake Central, Marasi Drive
Business Bay, Dubai, UAE

Phone: +971 4 276 2233
Email: [email protected]

Useful Links

  • About
  • Services
  • Terms of Service
  • Privacy Policy
  • Sitemap
  • Accessibility Statement

Our Offices

  • Dubai
  • Abu Dhabi
  • Sharjah
  • JAFZA
  • DAFZA
  • DMCC
  • Ras Al Khaimah
  • Hamriyah Free Zone
  • KIZAD
© Copyright Kreston Menon. All Rights Reserved
Have a question? Chat with us!

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits.
By clicking “Accept All”, you consent to the use of ALL the cookies.