What Are the Reporting Obligations Under ESR Notification?
Economic Substance Regulations (ESR) have become an essential part of the regulatory framework for businesses operating in various jurisdictions. These regulations require certain entities to demonstrate that they have substantial economic activity in the location where they conduct business. This blog will explore the reporting obligations under ESR notifications, making it easy to understand for everyone. Understanding ESR Notification What is ESR Notification? ESR notification is a formal process that certain businesses must follow to comply with Economic Substance Regulations. These regulations are designed to […]