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ANNOUNCEMENT

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MoF Extends ESR Submission Until January 31, 2021

 

The Revised Filing Deadlines for the 2019 Reportable Period are as follows: Notification – The later of (6) six months after the financial year end or 31, January 2021

Economic Substance Report – The later of (12) twelve months after the financial year end, or 31 January 2021

SPEAK TO OUR ESR CONSULTANT

 

+971 5 62192484

www.abbasaccounting.com

info@abbasaccounting.com

Office No. 405, 4th Floor,
Zone B Aspect Tower Bldg. Business Bay, Dubai UAE

MoF Extends ESR Submission Until January 31, 2021

We would like to inform you that the Ministry of Finance (MoF) has extended the deadline for UAE Companies to comply and submit the Economic Substance Notifications and Annual Report until January 31, 2021. The extension is to give allowance for the Companies impacted by Covid-19 and due to system issues encountered during the last week of December under the MoF ESR Filing portal.

We strongly encouraged you to review your business transactions and corporate structure to make sure that you are in compliance with the ESR requirements. Non-compliance will lead to penalties (AED 50,000 to AED 400,000) per Company up to revocation of license) from the Ministry of Finance, Federal Tax Authority and Licensing Authorities.

Please let us know immediately should you need our assistance. 

How to Comply? Call us Now!

+971 5 62192484

 

Office No. 405, 4th Floor,
Zone B Aspect Tower Bldg. Business Bay, Dubai UAE

 

STAY IN TOUCH

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To know more about our services, visit our website: www.abbasaccounting.com

Our mailing address is: info@abbasaccounting.com

Dubai

Office No. 405, 4th Floor, Zone B, Aspect Tower Bldg. Business Bay, Dubai UAE P.O.Box: 78142 | Dubai, United.Arab Emirates, Dubai

Tel: +971 4 4329083

Mobile: +971 56 219 2484

Abu Dhabi

Office 3505, 35th Floor, Addax Tower, Al Reem Island, Abu Dhabi, UAE P.O.Box: 46305 | United Arab Emirates Abu Dhabi, U.A.E

Tel: +971 2 6282650

Mobile: +971 56 219 2484

Copyright © 2020 Asad Abbas & Co. (Chartered Accountants) 

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