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Corporate Tax

UAE Corporate Tax – Requirements for Maintaining Transfer Pricing Documentation

The UAE Ministry of Finance has issued Ministerial Decision No. 97 of 2023 on the Requirements for Maintaining Transfer Pricing Documentation (Master File & Local File).


Here we have simplified the whole document in an understandable format.


transfer pricing

Article 55- Transfer Pricing Documentation

  • Authority may require Taxable Person to file together with their tax return, disclosure of transactions & arrangement with related parties & connected person.
  • Ministerial Decision no. 97 specifies requirements for Taxable Person to maintain Master & Local File.
  • Transfer pricing documents & information to support arms length nature of transactions, should be provided to authority within 30 days of their request for all the transactions.

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Balaram Vuchidi

Managing Director
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