EMPLOYEE STATE INSURANCE CORPORATION

EMPLOYEE STATE INSURANCE CORPORATION

The Employee State Insurance (ESI) is a social security and health insurance scheme for salaried Indian citizens and their dependants in contingencies, such as, sickness, maternity or death and disablement due to an employment injury or occupational disease. It is...
Economic Substance Regulations in the UAE

Economic Substance Regulations in the UAE

Background An unfavorable status of the United Arab Emirates (UAE) before the European Union (EU) Pro-active measures to address EU concerns around shifting of profits aimed at the following key factors: No or nominal taxes; Lack of transparency and exchange of...
Guide to Economic Substance in the BVI

Guide to Economic Substance in the BVI

Overview In the context of business companies, “economic substance” means that companies must have adequate presence and/or carry on economic activities in the jurisdiction in which they are tax resident. Numerous jurisdictions worldwide have now introduced broadly...