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+971 50 476 6071
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Suite 411, Business Venue Bldg Oud Metha, Dubai UAE.
Contact us
info@mabade.ae
+971 50 476 6071
Suite 411, Business Venue Bldg Oud Metha, Dubai UAE.
info@mabade.ae
Over 10 years we help companies reach their financial and branding goals. Mabade is a values-driven consulting agency dedicated.
Suite 411, Business Venue Bldg Oud Metha, Dubai UAE.
The United Arab Emirates (UAE) released the Cabinet of Ministers Resolution no. 31/2019 with effect from 30 April 2019, concerning the Regulations for Economic Substance (ES) in the UAE.
The new law requires that all the companies registered in UAE (‘licensee’) and carrying out Relevant Activities to demonstrate that they have effective substance in the country by satisfying an economic substance test on an annual basis. Failure to comply with these regulations will attract penalties. Mabade can support you in assessing the impact of the new legislation on your business – providing preliminary assessments of your company’s current compliance obligations, and where required, help you find the most cost and time-effective solutions to meet your administrative and statutory compliance responsibilities.
developing financial processes and procedures
“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
Suite 411, Business Venue Bldg Oud Metha, Dubai UAE.
+971 50 476 6071
info@mabade.ae