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JAFZA extends deadlines for submission of the Notification form and ESR
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 |