Economic Substance Regulations in the UAE DUBAI
Economic Substance Regulations is another acquiescence need for a thing with distinct and independent existence registered in the UAE. THE UAE goverment has altered the ESR regulations in April 2019. Refer Cabinet Decision no. 31/2019
Which industries are affected in ESR Dubai?
From 2019 all industries from free zones are required to know and make changes accordance with the ESR.
What are the Relevant Activities under Economic Substance Regulations in the UAE?
- Industries – Banking
- Health Insurance
- Financial Firms and investment
- Cargo Business
- Headquarters Business