1
As you are aware, the deadline for filing the Economic Substance Notification is set to be on or before 30th June 2022 for businesses with the calendar year-end. It is essential that all businesses in UAE.
Assistance in ES compliance services i.e. preparation and submission of ES Notifications.
Penalties:
Failure to comply with the ESR can result in the FTA applying penalties from AED 20,000 to AED 400,000.
Next Steps:
Compliance with the amended ESR is essential for all UAE entities. The Ministry of Finance will launch a portal to facilitate the filing, and Licensees will need to submit their ES notification.
For More Information, Visit our Website :
www.yugaaccounting.com
For More Details:
Landline : +971 4 240 1110
Mobile : +971 52 1952 532
Mail-Id : [email protected]
Assistance in ES compliance services i.e. preparation and submission of ES Notifications.
Penalties:
Failure to comply with the ESR can result in the FTA applying penalties from AED 20,000 to AED 400,000.
Next Steps:
Compliance with the amended ESR is essential for all UAE entities. The Ministry of Finance will launch a portal to facilitate the filing, and Licensees will need to submit their ES notification.
For More Information, Visit our Website :
www.yugaaccounting.com
For More Details:
Landline : +971 4 240 1110
Mobile : +971 52 1952 532
Mail-Id : [email protected]
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