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Economic Substance Regulation UAE


Base Erosion and Profit Shifting (BEPS) is the use of aggressive tax planning strategies by companies to artificially shift profits to low or no-tax jurisdictions . BEPS laws and regulations proposed by the OECD is now enacted into the United Arab Emirates Legislation.

The United Arab Emirates Cabinet of Ministers has issued the Economic Substance Regulations supplemented by guidelines issued on September 11, 2019 which applies to all entities carrying on a Relevant Activity in the UAE, including entities established in Free Zones and Financial Free Zones.

Such entities must exhibit demonstrable Economic Substance as of April 30, 2019 and make reports and notifications to the Regulatory Authority from financial year 2019 and thereafter or will risk fines and administrative penalties.

Under the Legislation, every Licensee conducting a Relevant Activity must file and submit an ESR notification and report.

Our trained consultants will help you understanding the impacts & risks, whether it applies to your business, how to address the notification requirements and manage the reporting obligations on an ongoing basis.

If your business receives income from a Relevant Activity and requires expert support, we can help to minimise risks and costs.

Economic Substance Regulations

*Initial Consultation is FREE


What Sets Our Service Apart


Methodology & Clear Advice


Knowledge of UAE Legislation & BEPs


Experience of MOF & FTA Processes

Economic Substance Regulations


How We Deliver



Our advisor will undertake an assessment to review your entity to determine Central Management & Control and Relevant Activities



We can support your notification or exemption submission and provide a high level analysis


We clarify your reporting obligations and support you to prepare the submission.

Want to Improve Cost & Performance?

We’ll provide best practice quality processes, expertise and platforms to run your business more effectively.



“Simply Solved is pretty amazing when it comes to helping us with our VAT filling. We don’t have much information with regarding to the New VAT Law of Dubai but with SimplySolved guiding us, we easily managed our VAT in no time.”


“Simply Solved helped us very well to reduce our VAT issues, they are providing us extremely good and proper service including a platform.”

Feel free to contact us for any clarification.”


“Our transactions are complex and we were unsure how to manage the new VAT rules, with Simply Solved they helped us fully comply to the FTA and submit our report with all the details available for us to understand”



“Simply Solved employees are helpful and cooperative With Simply Solved everything is SIMPLY SOLVED.”

 Thank You.

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Whether you have an existing finance, HR, IT and marketing function operating its own system and process or a small company needing a complete outsource services, we have the flexibility to serve your business.

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Office M11, Curve Building,
Sheikh Zayed Rd Dubai Al-Quoz 3 Dubai,
PO Box 116701 United Arab Emirates

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