Comply with the law and improve your intercompany transactions for your business across international boundaries.
Transferring income to nations with low taxes, evading taxes, and committing tax fraud are a few instances of tax and transfer pricing difficulties, which can take many different forms and vary in severity. Working with a reputable, global third-party data source can help minimise these risks and increase your ability to appreciate taxpayer activities and financial position.
Enhance your current database with detailed information on business structures, beneficial owners, intangible property profiles, merger and acquisition transactions, sanctions and enforcement information, and transfer pricing valuations.
Business leaders should have a fundamental understanding of UAE transfer pricing concepts before entering into transfer pricing activities.Let’s review the key ideas related to transfer pricing in the United Arab Emirates.
- Why should your company require Transfer Pricing?
- To find a value-generating business division
- Find the profitability of each division to be assessed.
- Cross-border transactions between entities with common ownership & control
- What situations in your business will transfer pricing access?
- Risk evaluation in the early stages
- To find the riskiest significant subsidiaries in transfer pricing tax.
- Assessing risks for remaining subsidiaries after documentation.
- Providing a second opinion on the prepared documents’ reasonableness.
- What are the steps in your transfer pricing procedure?
- Assessment
- Documentation
- Creating Master file & Local file
- What paperwork is required for the transfer pricing procedure?
TP Disclosure Forms
According to recommendations made by the (OECD), upon request resident entities and permanent establishments must provide the GTA
- Master File
- Local File
Make us your trustful transfer pricing advisors and
- Maintain compliance throughout your organization without losing sight of your goals.
- Learn about the implications of doing business at home and abroad.
Numerous changes are happening in workplaces.The enormous progress in using technology results in a high degree of automation, transparency and acceleration. In a global business hub where the use of technology is in full momentum, there is no choice, except to adopt the changes for businesses to become successful in this era of constant change.
GSPU Auditing, a dynamic Audit & Accounting firm with 17+ years of international experience provides audit & assurance, accounting & financial, Tax & business consulting, company incorporation & management consultancy services adopting a professional & friendly approach and caring about the success of our clients holding an enviable reputation. Being the Best Auditing Firm & TAX Consultancy in UAE, our well-known & Certified Accountants & Auditors who have international expertise as well as a comprehensive knowledge of the local market work hard with a strong moral commitment and gain the trust of our customers by providing professional services of high quality in an independent, objective and ethical manner obeying Integrity and professionalism. Expert financial and compliance advice for business innovation, success and survival is a basic need for every business. We at GSPU prioritize time and quality in Financial, Accounting, Audit, Company Formation, Management and VAT services to help businesses to grow by making a clear strategy saving time & money by generating more revenue. Your Success, Our Passion.
We the Global Strategic Partners Union always welcome your Business & Financial grievances as we make the work into service, and turn customers into friends & client relationships as business partnerships.
