ESR Notification

Group Members,

Kindly advise with references,

If Entities wholly owned by UAE residents are required to submit ESR notification ?

If yes than what is the procedure.

 

 

Replies
SAJITH NAIR10/09/2020 19:21:51

Yes, the notification has to be submitted and if the entity is exempted from the Regulations, supporting documents will have to be provided to justify the same. The mechanism of notification will be through and online portal but this is yet to be implemented by the Authority.

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SAJITH NAIR10/09/2020 19:22:36

You can refer to recent articles on ESR amendments posted on GCC Fintax.

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Muhibullah Khan13/09/2020 12:33:46

Noted with thanks Mr. Sajith Nair

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