Keep up to date with all our latest information, as well as official circulars and any changes in rules and regulations.
Our comprehensive rules and regulations are aligned with domestic and international efforts to combat money laundering and terrorism financing. We continuously update our information and official circulars to reflect the latest changes to regulations designed to keep you and your finances safe.
Regulations
Our rules and regulations are designed to specifically cater for the provision of permissible activities and services to customers. DWTC Authority reserves the right to modify, refine, adjust, and/or expand these regulations on a regular basis at its sole and absolute discretion, to remain resilient and progressive in its ability to address any evolving regulatory changes.
Economic Substance Regulations (ESR)
The regulations require UAE's onshore and free zone companies and other business forms that carry out any of the 'Relevant Activities' to maintain an adequate ‘economic presence’ in the UAE relative to the activities they undertake 'Economic Substance Test. The Regulations require UAE onshore and free zone companies and certain other business forms that carry out certain activities to maintain and demonstrate an adequate “economic presence" in the UAE relative to the activities they undertake.
Ultimate Beneficial Ownership (UBO)
The Ultimate Beneficial Owner is the natural person who is the ultimate owner, or who has ultimate control over the legal person directly or indirectly through a chain of ownership or control. The control or ownership should be at least 25% shares or voting rights either directly or indirectly.
Anti-money laundering (AML)
AML is a process to fight against money laundering. The process of money laundering involves criminal proceeds and disguising their illegal sources in order to use the funds to perform legal or illegal activities.
Learn more about registering, filing and paying Corporate Tax. All Free Zone Persons are required to register, obtain a Tax Registration Number and file a Corporate Tax return, irrespective of whether they are a Qualifying Free Zone Person or not.
For The Corporate Tax Law and its implementing decisions, visit here
For Corporate Tax Registration, visit here