Economic Substance Regulation
Economic Substance Regulation
As per the Cabinet of Ministers Resolution No. 31 Of 2019 Concerning Economic Substance Regulations introduced in the United Arab Emirates, each company should comply with the requirements and should do the necessary initial filing with the relevant authority to demonstrate good corporate governance.
Free Zone Companies that engage in any of the “Relevant Activities” as specified in the Regulation. At Kudos PRS we ensure that your business meets all the economic substance regulations that it may fall under and we also provide value added advice to help you make smarter decisions.