ESR applied to financial years from 2019 through 31 December 2022 only.
Unfiled notifications and reports from that window remain outstanding obligations.
Fines for financial years ending after 31 December 2022 were cancelled and refunded.
Nine relevant activities determined whether a licensee fell in scope.
Substance testing now sits inside corporate tax for free zone persons.
ESR services in UAE today focus on remediation, evidence, and clean closure.
Acquirers and investors dig into compliance history during diligence. An unresolved substance file gives them a reason to renegotiate, delay closing, or hold back part of the purchase price.
Fines charged for financial years ending after 31 December 2022 were cancelled. If your company paid one, there's a refund route, and we help you follow it through to settlement.
Board minutes, payroll records, and office documentation gathered for ESR often support your qualifying free zone position. One exercise, two purposes, far less duplicated effort.
Relationship managers and licensing authorities occasionally ask about substance history. A prepared file means you respond in days rather than scrambling through old drives and inboxes.
Holding structures, offshore entities, and dormant subsidiaries each had different obligations. Knowing exactly which ones filed and which didn't stops guesswork at group reporting time.
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We map your licences, financial year ends, and group entities to identify which companies and which years fall inside the ESR window.
Activities and income streams are tested against the regulations, and any past filings are checked for accuracy, gaps, or contradictions.
Outstanding notifications and reports are submitted, and penalty correspondence or refund claims are lodged where the assessment relates to cancelled years.
You receive an indexed evidence pack, submission confirmations, and a short memo recording the conclusions reached for each entity.
Diligence teams examine filing history across all regimes. Finding an unresolved substance file mid-process gives the other side leverage exactly when you have least room to negotiate.
Some businesses paid fines without checking which year they related to. Assessments covering financial years ending after 31 December 2022 were cancelled, and paid amounts are refundable.
A year running July 2022 to June 2023 ended after the cut-off date and falls outside the regime. Companies with unusual year ends often filed unnecessarily or misread their position.
Holding companies counted as a relevant activity even with minimal operations. Group structures frequently contain entities that quietly missed notifications nobody thought applied.
Substance evidence supports your corporate tax position. Reviewing what exists from the ESR years shows what's already documented and what needs building before the return is filed.
If your company had no filing obligation, we say so. Nobody benefits from remediation work on entities that were always outside the regulations.
You deal with the same reviewer throughout, so you're never re-explaining your group structure or which subsidiary held which licence.
Filings and substance conclusions are prepared and signed off by qualified accountants who work with UAE compliance frameworks every week.
Queries can arrive months later. We keep your working papers accessible and respond when authorities, banks, or auditors follow up.
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Have Questions?
We would love to hear your thoughts. Kindly reach out to us by filling the form and we shall get back to you. Get accurate accounting support contact us now.
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