ESR Notification Deadline Looms: A 2024 Guide for Businesses
May 13, 2024 ⚊ 1 Min read ⚊ Views 78 ⚊ BUSINESSThe UAE implemented the Economic Substance Regulations (ESR) as a step towards preventing harmful tax practices and enhancing tax transparency. The implementation of ESR in the UAE is also seen as the country’s effort to honour its commitments as a member of the OECD Inclusive Framework on BEPS (base erosion and profit shifting).
Tags: ESR compliance requirements in the UAE