Transfer Pricing

As a part of the UAE corporate tax regime, Transfer Pricing (‘TP’) provisions are introduced to regulate the transactions between related parties and require the taxpayers to maintain the necessary documentation to justify the pricing of their related party transactions, so that such related party transactions do not become a tool for the erosion of tax base. As per Article 55 of UAE CT law, the TP documentation must be submitted to the FTA within 30 days of request by the FTA.

Our team of Tax experts can assist you to conduct informative sessions on the transfer pricing regime, review of intra-group transactions to ascertain the applicability of UAE TP provisions, identification of related party/connected persons, review of the intercompany agreements from the TP perspective, preparing and filing transfer pricing disclosure forms, master file, and local file.