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United Arab Emirates: Economic substance regulations amended and replaced
On 10 August 2020, the United Arab Emirates (UAE) amended and replaced the economic substance (ES) regulations (originally issued pursuant to Cabinet Resolution No. 31 of 2019) with new ES regulations (issued pursuant to Cabinet Resolution No. 57 of 2020), which apply retrospectively as from 1 January 2019. Updated guidance…
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Click here to read the full story: Deloitte