FAQ – Article 55 Transfer pricing documentation
Source: https://mof.gov.ae/corporate-tax-faq/
- What documentation should be maintained in respect of transfer pricing?
Businesses will be required to maintain information regarding their transactions with Related Parties and Connected Persons, and certain businesses will be required to submit this information along with their tax return. Businesses that claim small business relief will not have to comply with the transfer pricing documentation rules.
Certain businesses may be requested to maintain a master file and a local file.
