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JAFZA extends deadlines for submission of the Notification form and ESR

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Dubai- May 6, 2021:

The Jebel Ali Free Zone (JAFZA) released revised closing dates for the submission of Notification and Economic Substance Report (ESR) by businesses under the Economic Substance Regulations. The Regulations require UAE onshore and free zone companies and certain other business forms that carry out relevant activities to submit the annual Notification form and ESR to their relevant regulatory authority.

    JAFZA has extended these deadlines for firms falling under its purview. The revised deadlines are six months after the financial year-end for the Notification Form and 12 months after the financial year-end for ESR. However, business are requested to file documents on the portal of the Ministry of Finance as soon as possible and not wait until the deadline, to avoid any compliance penalties and fines.

    If you require advice on document submissions or other compliance with ESR regulations, you may get in touch with our tax experts.

    Financial year-endNotification filing deadlineESR filing deadline
    March 31, 2020January 31, 2021 (extended deadline)March 31, 2021
    April 30, 2020January 31, 2021 (extended deadline) April 30, 2021
    May 31, 2020January 31, 2021 (extended deadline)May 31, 2021
    June 30, 2020January 31, 2021 (extended deadline)June 30, 2021
    July 31, 2020January 31, 2021July 31, 2021
    August 31, 2020February 28, 2021August 31, 2021
    September 30, 2020March 31, 2021September 30, 2021
    October 31, 2020April 30, 2021October 31, 2021
    November 30, 2020May 31, 2021November 30, 2021
    December 31, 2020June 30, 2021December 31, 2021
    January 31, 2021July 31, 2021January 31, 2022
    February 28, 2021August 31, 2021February 28, 2022
    March 31, 2021 September 30, 2021March 31, 2022
    April 30, 2021 October 31, 2021April 30, 2022
    May 31, 2021November 30, 2021May 31, 2022
    June 30, 2021December 31, 2021July 31, 2022