Economic Substance Regulations


As per the Economic Substance Regulations in UAE, companies carrying out one of the nine relevant activities need to file ESR notification in Dubai, UAE within six months of the end of their financial year and ESR report filing in Dubai, UAE within 12 months of end of financial year. M&M Al Menhali Auditing can evaluate whether the company conducts its core income generating activities under the relevant activity which makes it fall under the ambit of ESR. Correct evaluation is the key for adhering to the ESR. Corporate tax also insists on substance of a company as one of the evaluation criteria to qualify as a Qualifying Free Zone Person.

M&M Al Menhali Auditing, a leading firm in the UAE for ESR compliance, reporting, and filing, would be happy to support you in your effort to be ESR compliant by evaluating your business operations under the new regulations and offering assistance while navigating the constantly evolving regulatory environment in the UAE.