Avyanco conducts the preliminary tests to ensure if your business is applicable for ESR filing and fulfils the responsibilities as required in timely manner.
We assess and ensure the all activities are within the scope of the revised economic substance rules and if any exemptions are implied. At Avyanco, we help businesses to understand the impact and aptly notify the Regulatory Authorities to be in accordance to the updated economic substance requirements.
This financial compliances in the UAE requires businesses to file and report submission annually. At Avyanco we help businesses prepare and submit these annual notifications and economic substance report to the Regulatory Authorities.
Avyanco analyses, advices and accordingly plans the documentation process of the Relevant Activities are being “directed and managed” from the UAE through board meeting minutes and other record keeping. We have worked with several businesses from Banking to Insurance, Investment, Fund Management, Lease-Finance, Corporate Headquarters, Shipping, Holding Enterprises, Intellectual Property Distribution among others.