ESR submissions are open.
MoF Portal available for filing Notifications and ES Reports. The Ministry of Finance is pleased to confirm that Economic Substance Filing Portal has been launched as of 1 December 2020 and is now live for businesses to file their Notifications and ES Reports. The Economic Substance Filing Portal can be accessed by businesses through the […]
What is Tax Residency Certificate (TRC)?
Tax Residency Certificate UAE: Issuance by the Federal Tax Authority How a Tax Residency Certificate UAE Supports Double Taxation Avoidance The Tax Residency Certificate UAE allows both natural and legal persons to benefit from the Double Taxation Avoidance Agreement, to which the U.A.E. is a signatory. This agreement ensures that individuals and businesses are only […]
UAE (ESR) update.
UAE (ESR) Economic Substance Regulations Update. UAE (ESR) update, The UAE published its first Economic Substance Regulations (ESR) in April 2019. Until June 30, 2020 all companies registered in UAE have fulfilled one of their obligations, but now there has been a new notification is issued with few more amendments to it. For that UAE […]
Major Amendment in the UAE Tax Litigation
Latest UAE tax news: major amendment in the UAE tax litigation. The UAE Federal Supreme Court passed its judgement on 14th October 2020 on appeal filed by UAE Federal Tax Authority (FTA) in relation to Court’s appeal regarding the imposition on penalties resulting from Voluntary disclosure. Latest UAE tax news: Supreme Court ruling highlights UAE […]