Economic Substance Regulation

Overview

Economic Substance Regulation

Economic Substance Regulation (ESR) is to ensure that UAE entities report actual profits that are commensurate with the economic activity undertaken within the UAE. The regulations require UAE onshore and free zone companies and certain other business forms that carry out certain activities to maintain and demonstrate an adequate economic presence” in the UAE related to the activities they undertake.

Big Bracket UAE offers support in the following ESR Services:
  • ESR Notification
  • ESR Filing

The effective management of all IT operations can ensure the smooth running of an organization.

The regulations apply to licensees that carry out any of the following relevant activities:

Banking Businesses
Insurance Businesses
Investment Fund Management Businesses
Lease-Finance Businesses
Headquarter Businesses
Shipping Businesses
Holding Company Businesses
Intellectual Property Businesses
Distribution and Service center Businesses

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Having someone with a deep and broad understanding of ESR services on your side can make the difference between your business thriving and simply surviving.