We follow International Standards in Accounting and Bookkeeping and prepare reports based on International Financial Reporting Standards (IFRS) and GAAP.

Gallery

Contact

+971 50 975 2022

JP Global LLC, Sharjah, UAE

info@jpglobals.com

Economic Substance Regulations

Economic Substance Regulations (ESR) refer to a set of regulations designed to combat tax evasion and harmful tax practices in offshore jurisdictions. The regulations require companies operating in certain jurisdictions to demonstrate that they have a substantive economic presence in that jurisdiction, and that their activities are not just for tax avoidance purposes.

ESR were introduced by the Organisation for Economic Cooperation and Development (OECD) in 2018 and have been adopted by a number of countries and territories, including the United Arab Emirates (UAE), the Cayman Islands, and Bermuda. The regulations typically require companies to file annual reports detailing their activities and demonstrating compliance with the substance requirements. Failure to comply with ESR can result in penalties and other sanctions.

Our services include the following:

  • Registration with the relevant authorities for ESR
  • Submission of related reports to the authorities
  • Compliance with the regulations
how we help

Align Costs with Strategy & Focus on Growth

How It Works & How We Do It

We are working in the format of an outsourcing project office. We assume operational coordination and control over the compliance with all project implementation parameters that ensures the execution of works on time.

Integrating of innovation and public benefit into your workflows; ensuring strategic and sustainable development of your organization from project.

marketing analysis
finance strategy
business innovation
CORPORATE MANAGEMENT
“I cannot give you the formula for success, but I can give you the formula for failure. It is: Try to please everybody.” david oswald
Business Planning & Strategy
In what areas do you provide management consulting?

Successful experience of experts in structuring investment projects, developing and implementing construction, developers and energy projects, restructuring programs, etc. provides a positive impact on your company profitability.

In which countries do you provide consulting services?

Successful experience of experts in structuring investment projects, developing and implementing construction, developers and energy projects, restructuring programs, etc. provides a positive impact on your company profitability.

How is a consulting project started and organized?

Successful experience of experts in structuring investment projects, developing and implementing construction, developers and energy projects, restructuring programs, etc. provides a positive impact on your company profitability.

Services
Brochures