I sold goods to a sister company — does that need to appear on the corporate tax return itself?

Related-party transactions must already be priced at arm's length under Article 34 of the Corporate Tax Law, regardless of value. But detailed disclosure in the return itself — through the Related Party Transaction Schedule filed via EmaraTax — only becomes mandatory once the aggregate value of all related-party transactions, as recorded in the financial statements or at market value, exceeds AED 40 million for the tax period. Once that threshold is crossed, any individual transaction category — goods, services, intellectual property, interest, assets, liabilities — exceeding AED 4 million must be itemized separately rather than folded into one total.

Payments to connected persons — an owner, key management, or their close relatives — carry a different threshold under Article 36: disclosure is required once aggregate payments to them exceed AED 500,000. Balance sheet items such as intercompany loans, receivables, and payables count toward the threshold calculation too, not just income statement transactions. Any adjustment that increases the taxable base is reported directly in the schedule, while any adjustment that decreases it requires prior FTA approval before the return is filed. RASEEKH reviews group transactions ahead of the filing deadline so you know upfront whether you're above the threshold or not.