Economic Substance Regulations were implemented in the UAE in 2019 as part of a Global Base Erosion and Profit Sharing (BEPS) initiative by the OECD. ESR aims to ensure that UAE entities conducting relevant activities demonstrate substantial economic presence with the country. AHA TaxPro provides expert ESR reporting in UAE ensuring the entities not only comply with these regulations but also benefit from our strategic advisory to maintain and enhance their economic substance.
AHA TaxPro manages ESR Notification in UAE and annual reporting obligations, ensuring timely submissions to avoid penalties. The best ESR consultants in UAE assess your business to ensure it meets the 'Directed and Managed' and 'Adequacy' tests for ESR adjusting strategies as needed to align with regulatory requirements. AHA Tax Pro also advises on maintaining requisite documentation and implementation strategies to meet the Core Income Generating Activities (CIGA) criteria effectively.
The critical deadlines for ESR filings in UAE vary based on the financial year-end dates, with stringent penalties for non compliance. AHA Tax Pro keeps track of these deadlines ensuring your business meets filing requirements by the specified dates. AHA TaxPro also assists with necessary documentation from initial ESR notification to detail annual submissions that outline your company's economic activities, resources and management operations in the UAE.
Reach out to AHA TaxPro for Audit and Tax Services in Dubai, UAE. Our dedicated team is here to assist you with top-tier financial solutions.
At AHA Auditing and Tax Pro, we pride ourselves on offering a comprehensive one-stop solution for all your financial compliance and tax requirements.
