Economic Substance Legislation

Why Impose Economic Substance?

Why Impose Economic Substance? Intending to address issues of companies allegedly making big revenue and having small foundation in little or no tax jurisdiction, the EU (European Union) has launched…

Economic Substance Legislation

Economic Substance Legislation UAE

The UAE Ministry of Finance issued Economic Substance Legislation in April 2019 recommending UAE onshore and free zone entities carrying out any of the activities such as Distribution and Repair…

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