UAE Economic Substance Regulations – How Does This Impact Your Business?

On 30 April 2019, the UAE Cabinet issued the Cabinet of Ministers Resolution No.31 of 2019 (concerning economic substance regulations in the UAE, “the Regulations”), requiring all in-scope UAE “Relevant Entities” that carry on certain “Relevant Activities” to have demonstrable economic substance in the UAE from 30 April 2019. The enactment of the substance requirements […]

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