3/17/2024 0 Comments Slate digital support esr![]() (The Ministry of Finance exchanges information with the OECD countries via CTS – a Common Transmission System, a platform for exchanging the data.) The Ministry of Finance to be able to exchange information with the OECD countries via CTS – a Common Transmission System, which all OECD members use to share information. RegulatoryĪuthorities and the Federal Tax Authority can access and review these submissions, while the Federal Tax Authority carries out audits and the Ministry of Finance receives the respective information. Submissions via F2 (via their own Costomized dashboard).Ĭompanies to submit Economic Substance Reports via self-service. RegulatoryĪuthorities and the Federal Tax Authority can access and review these THE SOLUTIONĬBrain's web-based solution, F2, in combination with online self-services, has been designed to allow:Ĭompanies to submit notifications via online self-service. ![]() The Regulations require UAE businesses (including onshore, offshore, free zone companies, and other UAE business forms) that carry out any of the “Relevant Activities” to maintain adequate “economic presence” in the UAE relative to the activities they undertake. As part of the UAE’s commitment as a member of the OECD Inclusive Framework and in response to assessing the UAE’s tax framework by the European Union, the UAE introduced the Economic Substance Regulations.
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