Transfer Price Documentation

Transfer pricing documentation is required by applicable law. This documentation must explain how the affiliated company was established and prove that the prices applied with the affiliated company will be the same as those applied to the independent company. This documentation must be reported periodically every year. Having good documentation helps companies to prevent corrections made by tax authorities, as well as avoid double taxation. Non-compliance with transfer pricing documentation can result in tax penalties. Based on regulations, the Company is required to provide:

Master Document (MF)

Local Documents (LF)

Country Per Country Report (CbCR)

We also offer various other service taxes. We can represent you before tax authorities under a Power of Attorney, arrange correspondence between tax authorities and monitor correspondence to provide you with timely advice on necessary steps.