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New deadline looms: Ensure your business abides by UAE's economic substance rules

Can your firm demonstrate sufficient ‘economic substance’ in the UAE to avoid penalties? ....

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January 31 deadline: Ensure your business abides by the new UAE economic substance rules

What are economic substance regulations?
The Economic Substance Regulations, or ESR, was issued by the UAE and is aimed at curtailing harmful tax practices and closely tracks the global standard set by the OECD (Organisation for Economic Co-operation and Development).
The Economic Substance Regulations, or ESR, was issued by the UAE and is aimed at curtailing harmful tax practices by non-domiciled business operators!
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As the UAE is a member of the OECD framework, in response to an assessment of the UAE’s tax framework by the European Union (EU) Code of Conduct Group on Business Taxation, the UAE introduced a resolution on Economic Substance on April 30, 2019. ....

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Deadline looms: Ensure your business abides by the new UAE economic substance rules by December 31

Deadline looms: Ensure your business abides by the new UAE economic substance rules by December 31
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , United States , British Virgin Islands , Cayman Islands , Ministry Of Finance Mo , Organisation For Economic , Ministry Of Economy , European Union , Image Credit , Substance Regulations , Economic Substance Regulations , Economic Cooperation , Conduct Group , Business Taxation , Economic Substance , Core Income Generating Activitie , Shaikh Zayed , Gulf News , Adequate Test , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஒன்றுபட்டது மாநிலங்களில் , பிரிட்டிஷ் கன்னி தீவுகள் , கேமன் தீவுகள் , அமைச்சகம் ஆஃப் நிதி மோ , ஆர்கநைஸேஶந் க்கு பொருளாதார , அமைச்சகம் ஆஃப் பொருளாதாரம் ,