The Economic Substance Regulations (ESR) is in line with UAE’s commitment to the international tax cooperation and transparency. The regulations require UAE's onshore and free zone companies and other business forms that carry out any of the 'Relevant Activities' listed in the regulations' framework to maintain an adequate ‘economic presence’ in the UAE relative to the activities they undertake 'Economic Substance Test.' Find more information about the 'Economic Substance Regulations' on the website of Ministry of Finance.