Economic Substance Regulation – Holding Company Business

Posted on June 13, 2020
By rbsauditing
In Economic Substance Regulation in the UAE
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A Holding Company Business, is defined under Article one, of the Regulations as a business

1. Has as its primary function; the acquisition and holding of shares or equitable interests; in other companies

2. Is a Holding Company in accordance with; the law applicable to the Licensee; carrying out such activity

3. Does not carry on any other commercial activity

Link for- Economic Substance Regulation (ESR) in the UAE:-chttps://youtu.be/b20ss280Eaw
Link for- Shipping Business:- https://youtu.be/8EITmYZcQAw
Link for- Distribution and Service Centre Business:- https://youtu.be/IpGqqduyg2g
##This channel is created by RBS for providing information for educational purpose only

What do we mean by a holding company business under ESR?

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Economic Substance Regulation – Holding Company Business

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Economic Substance Regulation – Holding Company Business

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