The Ministry of Finance has issued COVID-19 industry advisory notification: Cabinet of Ministers Resolution No. 31 of 2019 concerning Economic Substance Regulations (ESR). According to the notification, the notification filing deadlines have been extended to 30 June 2020, and the deadline for filing economic substance return for the financial year 2019 remains unchanged.
Businesses seeking guidance from experienced corporate tax advisors UAE can benefit from expert support in Economic Substance Regulations (ESR), corporate tax compliance, regulatory reporting, and risk management. Professional advisors help organizations remain compliant with evolving UAE tax laws while ensuring timely filings and effective tax planning strategies.
Working with an experienced FTA-registered tax agent UAE helps businesses manage ESR notifications, tax return filings, VAT compliance, EmaraTax procedures, and communication with UAE regulatory authorities. Professional tax agents provide accurate compliance support and help reduce the risk of penalties resulting from delayed or incorrect submissions.
