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Dubai Multi Commodities Centre and Dubai International Finance Centre Set Filing Deadlines for Economic Substance Annual Notification

19 May 2020

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Approved Changes

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Untd A Emirates

The Dubai International Finance Centre (DIFC) and the Dubai Multi Commodities Centre (DMCC) have each set the deadlines for the submission of the economic substance notification by persons licensed to operate in the respective zones. For the DFIC, the notification deadline has been set at 12 June 2020, and for the DMCC, the notification deadline has been set at 30 June 2020. Both zones require that the annual economic substance return is filed within 12 months after the end of the year, as per the UAE Economic Substance Regulations. Click the following links for further information on the Economic Substance...