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-end	Notification filing deadline	ESR filing deadline
March 31, 2020	January 31, 2021 (extended deadline)	March 31, 2021
April 30, 2020	January 31, 2021 (extended deadline)	April 30, 2021
May 31, 2020	January 31, 2021 (extended deadline)	May 31, 2021
June 30, 2020	January 31, 2021 (extended deadline)	June 30, 2021
July 31, 2020	January 31, 2021	July 31, 2021
August 31, 2020	February 28, 2021	August 31, 2021
September 30, 2020	March 31, 2021	September 30, 2021
October 31, 2020	April 30, 2021	October 31, 2021
November 30, 2020	May 31, 2021	November 30, 2021
December 31, 2020	June 30, 2021	December 31, 2021
January 31, 2021	July 31, 2021	January 31, 2022
February 28, 2021	August 31, 2021	February 28, 2022
March 31, 2021	September 30, 2021	March 31, 2022
April 30, 2021	October 31, 2021	April 30, 2022
May 31, 2021	November 30, 2021	May 31, 2022
June 30, 2021	December 31, 2021	July 31, 2022