In the dynamic landscape of global business, transfer pricing has become a critical aspect of international tax compliance and corporate strategy.
Dubai, as a key global business hub, has stringent regulations to govern transfer pricing. Companies operating in Dubai must adhere to the arm's length principle, ensuring that intra-group transactions are priced as if they were conducted between unrelated parties. The implementation of the OECD’s Base Erosion and Profit Shifting (BEPS) Action Plan has further emphasized the importance of transparent and fair transfer pricing practices.
The UAE has adopted comprehensive transfer pricing regulations to align with international standards. Businesses in the UAE must maintain robust documentation and comply with the transfer pricing guidelines set by the Federal Tax Authority (FTA). This includes the preparation of local files, master files, and Country-by-Country Reporting (CbCR) where applicable. Non-compliance can result in significant penalties and increased scrutiny from tax authorities.
Our team of transfer pricing specialists has in-depth knowledge and experience in UAE and international transfer pricing regulations.
We provide customized transfer pricing solutions that are tailored to the unique needs of your business
We ensure that your transfer pricing practices are fully compliant with local and international regulations, reducing the risk of penalties and disputes.
Our advisory services not only ensure compliance but also provide strategic insights to enhance your overall tax efficiency.
At ICB, we offer specialized transfer pricing advisory services designed to help businesses navigate the complexities of transfer pricing regulations in the UAE.
Let us help you navigate the complexities of transfer pricing and achieve your business goals with confidence.
