Legal Advisor
Farahat & Co has dedicated Regulatory and Risk Advisory experts that can offer you with legal advice in connection with UAE Economic Substance Regulations. Our team is committed in providing solutions that enable clients that are affected by the legislation to satisfy the requirements for sufficient substance in United Arab Emirates, including annual reporting and notification filing.
Our ESR solutions provide businesses in UAE with effective and efficient services for them to gain clarity regarding the applicability of the regulations to their businesses, supported by a detailed analysis performed by seasoned professionals and tailored solutions which are prescribed by our team of experts.
The UAE has issued Economic Substance Regulations (the “Regulations”) introducing a requirement for UAE entities to maintain an adequate “economic presence” in the UAE relative to the activities they undertake. Economic Substance Regulations in the UAE are applicable to legal or natural persons licensed in carrying out the relevant activities in UAE.
To know more about Economic Substance Regulations(ESR filing, ESR penalties) in UAE, contact us .