A UAE corporate entity with multiple branches registered in the UAE is required to report the Relevant Activities for itself as well as its UAE branches in one composite Economic Substance Report. However, a UAE branch of a foreign entity needs not to file an Economic Substance Report in case its Relevant Income is reported and subject to tax in the jurisdiction of the foreign parent/head office. Where a UAE entity is engaged in a Relevant Activity through a foreign branch or permanent establishment that is subject to tax in the foreign jurisdiction, the UAE entity should not report in its Economic Substance Report the Relevant Income, assets, expenditure and human resources of the foreign branch or permanent establishment.