Transfer Pricing
UAE Transfer Pricing Services
With the introduction of the UAE Corporate Tax Law, transfer pricing (TP) has become a critical element for businesses in the region. Under the new framework, TP provisions apply not only to cross-border transactions but also to domestic related party transactions. As per the UAE Transfer Pricing Regulations, intercompany transactions must be priced in line with the arm’s length principle.
We offer a full range of transfer pricing services to ensure that your intercompany transactions are properly structured and compliant with the UAE Transfer Pricing Regulations.
Transfer Pricing Benchmarking
We provide reliable transfer pricing benchmarking to determine the arm’s length price of intercompany transactions. This includes:
- Internal Benchmarking: Using data from transactions within your own organization to establish arm’s length price.
- External Benchmarking: Access to global databases to extract the third-party transactions that are comparable to your business
The benchmarking report shall be part of the Transfer Pricing documentation and reduce the risk of non-compliance.
Transfer Pricing Documentation
Article 55 of the UAE Corporate Tax Law requires certain Taxable Person to maintain Transfer Pricing Documentation. We shall assist you to maintain:
- Local File: Detailed information about your UAE operations, intercompany transactions, and other details as required by the UAE TP Regulations
- Master File: A consolidated report of your group’s global structure, business activities, financial performance, and transfer pricing policies
- Country-by-Country Reporting (CbCR): In line with the OECD's BEPS framework, we help prepare your CbCR.