Register here to join PwC’s virtual webinar to know more about the above and other important amendments to the UAE Economic Substance Regulations.
On 10 August 2020, the UAE Cabinet of Ministers issued Cabinet Resolution No. 57 of 2020 (the “amended ES Regulations”) which repeals and replaces the original ES Regulations, along with updated Guidance clarifying the amended ES Regulations (Ministerial Decision 100 of 2020 dated 19 August 2020). For more details please refer to PwC’s latest news alert.
The amended ES Regulations introduce important changes that should help reduce the overall burden on businesses in the UAE. Specifically, the following types of businesses are no longer within the scope of the regulations, or are exempted from having to meet the economic substance test and associated return filing obligations:
We are hosting a free webinar, where we will be highlighting the critical amendments to the Economic Substance Regulations. Our experts will be available for an interactive Q&A session towards the end of the webinar.
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