Current State of the Economic Substance Regulation in the UAE amid Covid-19 Crisis

Current State of the Economic Substance Regulation in the UAE amid Covid-19 Crisis

In the wake of the scourging global pandemic i.e. the Coronavirus threat, the existing ESR or the Economic Substance Regulations pertaining to the UAE get a decisive and much-anticipated makeover. While businesses are usually required to file the ESR notifications each year within 31st of March, the pandemic has shifted the deadlines to 30th of June.