Tag: esr notification and reporting in uae

Why Is ESR Notification and Reporting Important for Compliance?

Why Is ESR Notification and Reporting Important for Compliance?

Economic Substance Regulations (ESR) have become a crucial part of the regulatory landscape for businesses operating in many jurisdictions. These regulations ensure that companies have substantial activities in the places where they are legally registered, combating tax evasion and ensuring fair tax practices. One key aspect of complying with ESR is the proper notification and…