The UAE Ministry of Finance has recently enacted significant changes to ESR through the Cabinet of ministers Resolution No. (57) of 2020 dated 10 August 2020, together with the guidance issued by the Ministerial Decision No. (100) of 2020 dated 19 August 2020. While the updates to the legislation provide further clarity, businesses will need to assess or reassess their ESR positions in light of these changes.

During the webcast EY Tax teams will:

• Discuss key changes introduced by the updated ESR and its impact on various businesses
• Share practical insights on ESR, leveraging the experience with participation of the relevant EY Tax teams across the globe (Cayman Islands, Bermuda, Jersey and Bahrain) where similar regulations have already been implemented
• Highlight the relevant action points and key next steps required to meet the upcoming deadlines 

Q&A will be included in this 60-minute webcast.

We look forward to you joining us.

Webcast details

Participants may choose to attend either of the following sessions:

Moderator:

• Adil Rao, Partner, International Tax and Transaction Services, EY Consulting LLC, Dubai

Presenters:

• Patrick Oparah, Associate Partner, International Tax and Transaction Services, EY Consulting LLC, Bahrain
• Daniele Dal Corso, Director, International Tax and Transaction Services, EY Consulting LLC, Dubai
• Jorge Novas, Director, International Tax and Transaction Services, EY Consulting LLC, Dubai

Guest speakers:

• Áine Slater, Associate Partner, Head of Tax, Ernst & Young LLP, Jersey (28 September)
• Emily Simpson, Senior Manager, Tax, EY Bermuda Ltd.  (29 September)

How to join?

Please register on your preferred date option above. You will need to stay connected to the internet (preferably a wired connection) for better sound quality. In addition, please ensure that you have your "pop-up" blockers turned off.

For questions about this webcast, please contact Amal AlWaidh at amal.alwaidh@ae.ey.com