Economic Substance Report filing reminder

Economic Substance Report – ESR 2020 filing reminder In accordance with Cabinet Resolution No. 57 of 2020, entities that conduct Relevant Activities under the Economic Substance Regulations must file directly with the Ministry, regardless of whether they have previously filed their details with their appropriate registry. All licensees and exempted licensees must file their Notification…

JAFZA Announces Economic Substance Regulations Notification Deadline

JAFZA Announces Economic Substance Regulations Notification Deadline JAFZA has issued its guidance in its Annual Economic Substance Notification Form User Guide with respect to the Economic Substance Regulations (ESR). Any Licensees who have carried out a Relevant Activity during their first reportable year must submit their Economic Substance Notifications on or before 30 June 2020…