Transfer Pricing

Cross-Border Transactions. UAE Compliant Solutions.

Introduction of Corporate Tax Regime in the UAE effective from 1st June 2023, will also introduce Transfer Pricing Regulation, which will mandate related party transactions to be at arm’s length.

The United Arab Emirates (“UAE”) joined the OECD Inclusive Framework on Base Erosion and Profit Shifting (“BEPS”) on 16 May 2018.

By joining the Inclusive Framework, the UAE has committed to implementing BEPS minimum standards, one of which is Transfer Pricing Documentation and Country-by-Country Reporting (“CbCR”).

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High Impact Assessment

Understand the legal structure of the entity and the group at large
Analysis of existing intergroup transactions
Evaluating the applicability of Transfer Pricing Regulations
Suggest a modification to existing Transfer Pricing policies in compliance with the proposed Corporate Tax law
Assessing the impact of Transfer Pricing policies on their overall tax position
Review whether any change

Advisory

We can advise and assist you in all your queries regarding TP and ensure that the policies are robust and aligned to value creation or designing of new prices or the review of your current policies. We can also undertake the following assignments:

Help in developing and implementing efficient Transfer Pricing policies to optimize tax planning, considering the regulations of the Countries involved in the transaction.
Assistance in determining the value of the transaction to arrive at arm’s length price Benchmarking Studies: – Conducting FAR analysis (including Functions, Assets, and Risks Analysis) – Performing economic analysis
Implementation of Transfer Pricing policies
Tax efficient restructuring of Supply Chain
Carrying due diligence review to identify potential risks in adherence to Transfer Pricing regulation and documentation
Creating tools and methodologies to keep track of the Transfer Pricing results.
Conducting awareness session highlighting the aspects of Transfer Pricing

How Can We Help You?

Our team brings vast experience to help you to manage your organization’s Transfer Pricing risk by delivering excellent Transfer Pricing assistance in a cost-conscious manner.

We are equipped to provide customized services in all the areas of Transfer Pricing, whether it is designing and planning your supply chain or ensuring accurate documentation to comply with Transfer Pricing Regulations in the UAE. Our experts shall be there to guide you on all the challenges faced while complying with these regulations.