DISPLAYING ITEMS BY TAG: Economic Substance Regulations

DAZ urges its valued customers to submit the required documents as per the Economic Substance Regulations and ensure their accuracy in order to avoid fines from the concerned authorities.

Requirements for submitting the Economic Substance Report
• Submitting notifications:
Companies whose fiscal year ended on [31 December 2021] must submit their Economic Substance notifications on the Ministry of Finance portal by [30 June 2022]

• Submitting reports:
Companies whose fiscal year ended on [30 June 2021] must submit their Economic Substance report on the Ministry of Finance portal by [30 June 2022]

Please note that failure to complete the submission process may result in a penalty.

For more information, please visit the Ministry of Finance website: Economic Substance Regulations (mof.gov.ae)

Jebel Ali Free Zone (Jafza) urges its valued customers to submit the required documents as per the Economic Substance Regulations and ensure their accuracy in order to avoid fines from the concerned authorities.

Requirements for submitting the Economic Substance Report
• Submitting notifications:
Companies whose fiscal year ended on [31 December 2021] must submit their Economic Substance notifications on the Ministry of Finance portal by [30 June 2022]

• Submitting reports:
Companies whose fiscal year ended on [30 June 2021] must submit their Economic Substance report on the Ministry of Finance portal by [30 June 2022]

Please note that failure to complete the submission process may result in a penalty.

For more information, please visit the Ministry of Finance website: Economic Substance Regulations (mof.gov.ae)

NIP urges its valued customers to submit the required documents as per the Economic Substance Regulations and ensure their accuracy in order to avoid fines from the concerned authorities.

Requirements for submitting the Economic Substance Report
• Submitting notifications:
Companies whose fiscal year ended on [31 December 2021] must submit their Economic Substance notifications on the Ministry of Finance portal by [30 June 2022]

• Submitting reports:
Companies whose fiscal year ended on [30 June 2021] must submit their Economic Substance report on the Ministry of Finance portal by [30 June 2022]

Please note that failure to complete the submission process may result in a penalty.

For more information, please visit the Ministry of Finance website: Economic Substance Regulations (mof.gov.ae)

Ministry of Finance has launched an interactive Economic Substance e-learning platform in English and Arabic.

To visit the platform, please click here.

The purpose of the e-learning platform is to help provide a foundational understanding of the Economic Substance Regulations for businesses and Regulatory Authorities.