Economic Substance Advisory

This law is implemented to counter harmful tax practices specifically, to curb profit-shifting transactions between multinational companies taking advantage of the zero-tax rate applicable for UAE entities in the UAE. Regulation requires Mainland and Free Zone companies in the UAE (unless so exempted) conducting ‘Relevant Activity’ to submit an ESR Notification and ESR Report on the Ministry of Finance portal before the applicable deadlines. We help our clients with:

  • Assessing applicability
  • Preparation of ESR Notification and ESR Report