UAE Economic Substance - Notification template

United Arab Emirates

Ministry of Finance

October 2020

Introduction

A. Licensee Details

1. Licensee Name 

2. Does the Licensee have a dual license?

2.1 Commercial License/Trade License/Permit No.

2.2 Licensing Authority

3. Primary/Main Regulatory Authority

4. Place of establishment?

5. Registered office address

5.1 Registered office city

5.2 Registered office country

6. Legal form

7. Is the Licensee registered for VAT in the UAE?

B. Branch details

1. Are you reporting the Relevant Activity of a branch?

2. Please provide details about the branch:

C. Reportable Period for Economic Substance purposes

The Reportable Period is the financial period to which the Notification relates that commenced on or after 1 January 2019. The end of the Reportable Period should correspond to the financial year end of the business, and the period that financial statements (if any) are prepared for. Licensees are required to include the "start" and "end" date of the relevant financial period as illustrated in the following examples:

A Licensee has a financial year that corresponds to the Gregorian calendar year:

Start date: 1 January...