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Economic Substance Regulation Services

At HARBINS, we get how complex it can be to work through the Economic Substance Regulation (ESR). Our ESR services are designed to make sure you stay on the right side of the UAE’s changing regulations. We offer everything from initial assessments to continuous support, giving you custom solutions that fit your business perfectly.

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Economic Substance Regulations Assessment

HARBINS can help you in ESR assessments evaluating if your business meets Economic Substance Regulations (ESR) requirements. It involves identifying relevant activities, ensuring adequate physical presence, employees, and expenses within UAE, and conducting core incomegenerating activities locally. HARBINS help maintain proper documentation and submit an annual ESR report to ensure legal compliance.

Economic Substance Regulations Notification

At HARBINS we help businesses with Economic Substance Regulations (ESR) notification submissions. We guide you through the process of informing regulatory authorities about your activities each year. With our support, you can demonstrate your company’s economic substance easily. We make sure your submissions are on time, reducing the risk of penalties. Trust us to simplify ESR notification compliance for your business

Economic Substance Regulations Reporting

Entities earning income from any Relevant Activity(ies) must file a report on the Ministry of Finance’s (MoF) online Economic Substance Regulation (ESR) portal within twelve (12) months of the end of the relevant fiscal year. As part of this filing, entities are required to disclose
various details, including:

• Whether they have met the Economic Substance Tests (ES Tests)
• Details of outsourced service providers (if applicable)

How HARBINS Makes Economic Substance Regulation Support and Services

Harbins doesn’t just help you comply with the Economic Substance Regulation (ESR) requirements—we provide personalized support and services tailored to your needs. We start by closely examining your business operations to understand whether you fall under ESR applicability. Then, our experts craft a custom strategy and guide you through every stage of the compliance process. With our proactive approach and careful attention to detail, we make it easy for you to meet ESR requirements without any hassle.

Why is Economic Substance Regulation Important?

Economic Substance Regulation is crucial in today’s business world. Following ESR rules helps you meet local regulations and boosts your company’s image as a responsible business. By showing genuine economic activity in the UAE, you increase transparency and reduce the risk of penalties or sanctions. Embracing ESR isn’t just a legal requirement—it’s a smart move for sustainable growth and long-term success in the UAE market.

Economic Substance Regulations Deadline

HARBINS ensures timely management of submissions and payments. In the UAE, businesses must submit their Economic Substance Regulations (ESR) notification within six months after their financial year ends and file an Economic Substance Report within 12 months of the financial year-end

Why Choose Us?

With a deep-rooted understanding of the UAE market, we provide tailored solutions that suits your business need. From expert financial advice to comprehensive business solutions, HARBINS is your trusted partner every step of the way.