UAE Free Zone Tax Benefits: Essentials Explained

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1. 14 July 2026 · corrected by Emir Baycan
   Before

   Local file documentation is required for entities whose related-party transactions exceed AED 40 million, which also functions as the Local File revenue threshold.

   After

   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.

   Why: 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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1. Correction 14 July 2026

   Emir Baycan

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