Economic Substance Return

Economic substance describes the economic (operational) reality of a corporate structure which has been put in place because of international tax requirements

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Economic Substance Return

Corporate Support Consulting
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ECONOMIC SUBSTANCE REPORTING

What is economic substance?
Economic substance describes the economic (operational) reality of a corporate structure which has been put in place because of international tax requirements

Why is economic substance important?
Substance needs to be seriously addressed in order to avoid a high(er) tax burden on your business and to prevent serious tax-disputes arising with your tax authority.
How can economic substance be organized?
Organizing a sufficient level of substance for your international structure is extremely relevant. In this respect it could be stated that there are two levels of substance for you to consider.
⦁ objective economic substance and
⦁ subjective economic substance.
Our Services
We can assess the impact of the ESR rules on your organization and assist you in complying with the Regulation.
Our Services include
⦁ Assisting to determine if your company need to submit ESR Returns.
⦁ To provide step by step guidance regarding further ESR requirements
⦁ Providing suggestions and improvements to ensure the compliance of Law
⦁ To file an Economic Substance return for the Reportable Period (where required)