Page 18 - Premier Brains Global -Doing Business in UAE (Low Res)

DOING BUSINESS in UAE

1. Directed and Managed Test 2. Core Income Generating activities
(“CIGA”) test
3. Adequacy test

This can be simply summarized as below,

Control and Decision Making Adequate physical presence

ESR CRITERIAS

Record Keeping Reporting

• Entities must perform their relevant core income-generating activities in the UAE.

• Entities must have an adequate number of qualified full-time employees, physical
assets, and operating expenditure in the UAE.

• The entity’s board of directors or other governing body must meet and make decisions
within the UAE.

• Entities must maintain appropriate records and provide necessary information to
authorities to demonstrate compliance with the economic substance requirements.

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