The Relevant Activities under Economic Substance Regulations in UAE (ESR UAE) are as below: Banking Business Insurance Business Investment Fund Management Business Lease-Finance Business Intellectual Property Business Holding Company Headquartered business Shipping Business Distribution & Service Centre Business
Hi @saji menon, ESR is applciable to all companies in UAE (mainland, Freezone & financial FZ) who conducts relevant activity. There is no threshold defined in order to identify small or big company
I have 18 Establishment companies. All are private sector. Only one Owner. We are providing facilities services for maintenance, transportation and catering & camp services. Kindly help me if we are eligible to make ESR report.
Hi @Thejaswini Salian Holding Company can either have Income from Dividend(declared by its Subsidiary) or by capital or will not have any income. If Holding generates income from anyother commercial activity it will loose the title of Holding Company.
![CLA Emirates [formerly ECAG]](http://yt3.ggpht.com/hAy6N0Y7YI-hRXENxl5HZngL68RIeqVZCr2gNWHx88Bbyofc_p8zjkIFLAhbaz8_ACSsdVEaPA=s48-c-k-c0x00ffffff-no-rj)
Is it applicable for retail shops?
is it applicable for insurance brokers company?
The Relevant Activities under Economic Substance Regulations in UAE (ESR UAE) are as below:
Banking Business
Insurance Business
Investment Fund Management Business
Lease-Finance Business
Intellectual Property Business
Holding Company
Headquartered business
Shipping Business
Distribution & Service Centre Business
is it required for small trading co. ?
Hi @saji menon, ESR is applciable to all companies in UAE (mainland, Freezone & financial FZ) who conducts relevant activity. There is no threshold defined in order to identify small or big company
Is ESR applicable to offshore companies?
Hi @Dilkush Jamil ESR is applicable to offshore companies as well.
How much would it cost if i ask you guys to esr. Thanks
I have 18 Establishment companies. All are private sector. Only one Owner. We are providing facilities services for maintenance, transportation and catering & camp services.
Kindly help me if we are eligible to make ESR report.
Thank You
Thankyou
If the holding company doesn't have any business outside UAE , still it is applicable for ESR
Hi @Thejaswini Salian Holding Company can either have Income from Dividend(declared by its Subsidiary) or by capital or will not have any income. If Holding generates income from anyother commercial activity it will loose the title of Holding Company.