Founder & Group CEO, MS
Economic Substance Regulations (ESR) were introduced globally to address tax avoidance and evasion. As an OECD member, the UAE aligns its legal framework with global standards, subject to OECD review. The economic substance framework, founded to regulate tax liabilities in the UAE, applies to all companies licensed in the country to control tax evasion. This regulation helps to mitigate the advantages derived from low-tax systems, applying to businesses registered both onshore and offshore. ESR regulations apply to all licensees in the UAE, including those on the mainland, in free zones, and offshore, as well as individuals, engaged in activities categorized as "Relevant Activities" (RA). These activities encompass banking, investment fund management, insurance, shipping, distribution and service center operations, lease financing, headquarters operations, holding company activities, and intellectual property management.
Why MS
for ESR Services in ADGM?
Economic Substance Regulation (ESR) Services with MS in ADGM will help you align your business with global standards. The compliance with ESR is a crucial aspect of doing business in ADGM, and failure to comply can result in significant consequences. We can help you make the process easy and intact. Our services will guide you to success and will ensure they remain as an asset to your business in the ever-changing ADGM market.
Do flawless business with MS.
Reach out to us for all your inquiries in and around ADGM. Rest assured, our dynamic team at MS provides you with the best solutions for financial and advisory services including compliance to tax, accounting and bookkeeping.
Reach out to us for all your inquiries in and around ADGM. Rest assured, our dynamic team at MS provides you with the best solutions, including assistance with ADGM incorporation and compliance in the UAE.