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UAE Ministry of Finance Reminds Companies Engaged in Relevant Activities to Submit Economic Substance Notification

29 June 2020

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Approved Changes

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Untd A Emirates

The UAE Ministry of Finance has issued a release reminding companies engaged in relevant activities to submit their economic substance notification no later than 30 June 2020 in order to avoid penalties. --- Ministry of Finance: Companies that engage in any Relevant Activity must submit a notification of Economic Substance Regulations to its Regulatory Authority 24/06/2020 Today, the Ministry of Finance (MoF) indicated that all companies in the United Arab Emirates that engage in any of the Relevant Activities within the fiscal year ending on December 31, 2019 must submit a notification of Economic Substance Regulations to its Regulatory Authority...