Economic Substance Report ESR
Commercial organizations involved in following activities are required to submit Economic Substance Return annually:
- Distribution and service center activities.
- Headquarters activities.
- Holding company activities.
- Leasing activities (other than those activities
undertaken by licensees of the Central Bank of Bahrain). - Shipping activities.
- Intellectual property activities in Bahrain.
- Financial Data
- Information about business activities
- Commercial Registration Information
- Information abour UBOs
- Reference: Issuance by the Ministry of Industry, Commerce and Tourism (“MOICT”) of Resolution No. (106) of 2018 regarding the requirements of validating the actual economic substance of entities’ activities in the Kingdom of Bahrain (“Resolution”), prescribing the requirements to be met by entities in Bahrain in terms of economic substance in Bahrain (the “Rules”).
How We Can Help
Let our specialized team assist you in submission of ESR report and avoind/remove offence from your CR.
✓ Representation before MOICT
✓ Offense Removal
We guarantee update of records at Ministry of Industry & Commerce and legitimacy of this change.
Why Us
MONEY BACK GUARANTEE.
promise made by a seller or service provider to refund
COMPLETED JOBS.
promoting the completion of over 400 jobs is a notable achievement
JOB COMPLETION RATE.
successfully completed every job or project
Better future with
PI STARTUP ADVISORY
We take a consistent approach to recruiting and skills development regardless of where our people are located, so that we can quickly deliver the right team
FOUNDER
SAQLAIN AKRAM
Mr. Saqlain Akram is Master of Commerce, specialized in business registration, startup consultancy, licensing and amendment.
DIRECTOR
RANA ZEESHAN ARIF
ENTERPRISE AUTOMATION EXPERT
ADVISOR
WAQAS AKRAM
Mr. Waqas Akram is Associate Chartered Management Accountant. He is specialized in Startup Feasibility Analysis, Cost Control and Taxation.