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Considering the wide scope of the ESR, it is imperative for businesses to already start assessing their obligations and take proactive actions to meet the reporting requirements. Hence, companies need to ensure they hire the right people to handle their ESR obligations and compliances.KGRN Chartered Accountants can conduct an impact analysis – studying and analyzing the effect of the new economic substance regulations on your existing businesses. Additionally, we can help identify gaps in the level of economic substance in affected entities and consider remediation options wherever necessary. Therefore, KGRN Chartered Accountants can assist in relevant compliances under the new regulations.
