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UAE Issues Templates for ESR Notification and Reports

28 October 2020

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Approved Changes

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Untd A Emirates

On 22 October 2020, the UAE Ministry of Finance issued templates for the filing of notifications and reports under the Economic Substance Regulations (ESR). As previously reported, the UAE updated its ESR requirements with the publication of Cabinet of Ministers Resolution No. 57 of 10 August 2020 and Ministerial Decision No. 100 of 19 August 2020, including that the submission of ESR notifications and reports must be submitted electronically via a Ministry of Finance Portal. If a notification has already been submitted, it will need to be resubmitted using the new portal. Although the launch of the portal is still...