Is your company ready for the UAE’s new Corporate Tax law? Ensure compliance with Transfer Pricing regulations!
Under the new law, related parties—such as parent companies, subsidiaries, or any businesses owned by the same group or shareholders—must now carefully document their transactions. This includes sales, services, and loans, to avoid shifting profits unfairly and ensure the correct amount of tax is paid.
If your company is engaged in transactions with related parties, it’s crucial to document pricing strategies in line with the arm’s length principle—meaning prices should be what independent businesses would charge each other under similar circumstances. Failure to comply can result in penalties and audits from the Federal Tax Authority.
Our Transfer Pricing Services Include:
- Transfer Pricing Documentation: Full preparation and management of mandatory reports to meet compliance requirements.
- Transfer Pricing Policy Design: Tailored strategies to align your pricing policies with global regulations.
- Benchmarking Studies: In-depth analysis to ensure your transactions meet the arm’s length principle.
- Advisory on Transfer Pricing Risks: Guidance on managing and mitigating risks for cross-border transactions.
- Support in Transfer Pricing Audits: Expert assistance during tax authority audits, ensuring smooth processes and compliance.
Contact us today for expert assistance with your Transfer Pricing documentation and ensure you’re fully compliant with UAE law!
