Correction: UAE Free Zone Tax Benefits: Essentials Explained
Corrected by Emir Baycan · Full-Stack Developer, Mobile App Builder and Web Platform Founder with expertise in SEO, automation, SaaS, AI visibility, DevOps and scalable digital products
Emir Baycan found something wrong, outdated, or unsupported on this page and proposed a fix. The publisher accepted the correction.
The exact change
Local file documentation is required for entities whose related-party transactions exceed AED 40 million, which also functions as the Local File revenue threshold.
Related Party Transactions disclosure form for taxpayers with related-party transactions exceeding AED 40 million in aggregate (AED 4 million per category); Local file for entities with revenue exceeding AED 200 million, or that are a Constituent Entity of an MNE Group.
Suggested change
Fixed the same transfer-pricing threshold conflation found in the UAE corporate tax guide, correctly separating the AED 200 million Local File trigger from the AED 40 million related-party-transactions disclosure trigger.
Why this is better
The AED 40 million related-party-transactions threshold triggers a separate disclosure form, not the Local File itself, which has its own AED 200 million revenue trigger; the article had conflated the two.
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