As a provider of Assessing Relevant Activities services in the UAE, Our role is critical in assisting businesses in determining their obligations under the Economic Substance Regulations (ESR) and ensuring compliance with the relevant requirements.

Here’s how your services can benefit businesses:

Expertise in ESR Requirements: Our firm possesses in-depth knowledge and understanding of the ESR regulations, including the list of Relevant Activities and the corresponding substance requirements. This expertise allows us to accurately assess whether businesses’ activities fall within the scope of the ESR.

Customized Assessments: We offer tailored assessments based on each client’s specific business activities, organizational structure, and operating model. This personalized approach ensures that businesses receive accurate evaluations of your Relevant Activities and guidance on compliance measures.

Thorough Analysis: Our team conducts comprehensive analyses of businesses’ operations to identify Core Income-Generating Activities (CIGAs) and assess your physical presence and substance within the UAE. This thorough analysis helps businesses understand your compliance obligations and areas for improvement.

Guidance and Recommendations: Based on the assessment findings, we provide clear guidance and recommendations to businesses on how to align your operations with the requirements of the ESR. This may include suggestions for enhancing physical presence, optimizing business processes, or implementing compliance measures.

Documentation and Reporting: Our firm assists businesses in documenting the results of the assessment, including the identification of Relevant Activities, CIGAs, and supporting evidence of physical presence. We also help businesses prepare the necessary reports and notifications required for ESR compliance.

Continuous Support: Beyond the initial assessment, Our firm offers ongoing support to businesses to ensure sustained compliance with the ESR. This includes periodic reviews of operations, updates on regulatory changes, and assistance with reporting and compliance obligations.

Risk Mitigation: By leveraging your expertise, businesses can mitigate the risk of non-compliance with the ESR, thereby avoiding potential penalties and regulatory scrutiny. Our proactive approach to compliance helps businesses maintain your reputation and integrity in the market.

Peace of Mind: By engaging your Assessing Relevant Activities services, businesses gain peace of mind knowing that your ESR obligations are being addressed by knowledgeable professionals. This allows them to focus on your core operations while ensuring compliance with regulatory requirements.

Overall, our firm’s Assessing Relevant Activities services play a vital role in supporting businesses in the UAE to navigate the complexities of ESR compliance effectively and maintain their legal and regulatory standing in the market.