In today’s interconnected world, multinational corporations often engage in cross-border transactions between their subsidiaries. Effective TP Advisory involves establishing appropriate pricing for these intercompany dealings to ensure compliance with local tax laws and international regulations while enhancing operational efficiency.
- Pricing Strategy: Our team of experts collaborates with your organization to devise an optimal transfer pricing strategy that aligns with your business goals, mitigating risks and enhancing efficiency.
- Risk Mitigation: We identify potential TP risks and develop strategies to ensure your transactions meet the arm’s length standard set by tax authorities globally.
- Documentation and Planning: Asire assists you in preparing comprehensive TP documentation, a fundamental requirement for proving compliance. We also offer guidance in planning and implementing TP policies.
- Advance Pricing Agreements (APAs): Our experts facilitate negotiations with tax authorities to secure Advance Pricing Agreements, offering your business the advantage of tax certainty.
TP compliance is vital for maintaining transparency in business operations and avoiding disputes with tax authorities. This involves preparing and submitting detailed TP documentation and reports as mandated by different jurisdictions.
- Documentation Preparation: Asire assists in creating meticulous TP documentation that substantiates the pricing structure of your intercompany transactions, ensuring compliance with local regulations
- Country-by-Country Reporting (CbCR): We facilitate CbCR compliance, enabling you to accurately report your global business activities to the relevant tax authorities.
- Master File and Local File Preparation: Our team is proficient in developing Master Files and Local Files, essential for fulfilling TP documentation requirements.
- Benchmarking Analysis: Asire’s experts conduct benchmarking analyses to ascertain whether your transactions meet the arm’s length standard, ensuring compliance with global regulations.
Dispute Resolution: In the event of TP disputes, we provide support through alternative dispute resolution mechanisms, striving to reach amicable solutions.