With the implementation of new ESR in the UAE for restraining detrimental tax competition and promoting transparency in taxation, businesses are widely impacted in the UAE. With the gradual shifting of book transactions to online ones, transparency increased through the taxes that were not modernized accordingly. With a regulated tax regime, businesses wouldn’t have to pay extra taxes at the time of surplus profits, promoting industrial growth in the country. ESR Applicability Assessment is for any onshore organization, free zone company or branches, offshore companies, partnerships, or licensees, which carry out the following activities, must go for ESR assessment and produce a satisfactory report to the respective regulatory authority.