How to Structure a Company in the UAE to Comply with Economic Substance Regulations (ESR)
Since 2019, companies operating in the UAE have been required to comply with the Economic Substance Regulations (ESR), initially introduced under Cabinet Resolution No. 31. These regulations were designed to ensure that businesses registered in the UAE have genuine economic activities in the country, rather than existing solely to gain tax advantages. In 2020, the framework was updated through Cabinet Resolution No. […]