It is time to conduct the review of the business to assess ESR applicability. In case there are any Relevant Activities, the business may be required to submit a ESR notification on or by 30 Jun 2021. The period under review will be Jan 1, 2020 to Dec 31, 2020.In case the business follows a July 2019 to Jun 2020 financial year, it may be time to file the ESR Report by 30 Jun 2021.
The following are the Relevant Activities covered under ESR:
- Banking Business
- Insurance Business
- Investment Fund Management Business
- Lease-Finance Business
- Headquarters Business
- Shipping Business
- Holding Company Business
- Intellectual Property Business
- Distribution and Service Centre Business
Feel free to reach out to us for the ESR Review in your business.