Why choose us For transfer pricing benchmarking services?
Choosing the right partner for your transfer pricing benchmarking services is crucial for your business's financial health and legal standing. At Synergy360, we provide the expertise and reliability you need to navigate complex regulations with confidence.
Stay Compliant, Avoid Penalties. We ensure your business complies with all local and international tax laws. Our thorough analysis helps you meet the arm’s length principle, reducing the risk of costly penalties and adjustments from tax authorities.
Expert Analysis and Reliable Data Our team uses high-quality data and proven methods to deliver a reliable analysis. We identify comparable market transactions to ensure your pricing is fair and defensible, building trust with tax authorities.
Why You Need Transfer Pricing Benchmarking Services ?
Stay Protected from Heavy Penalties
Tax authorities around the world are getting tougher on transfer pricing violations. Penalties can range from 20% to 40% of unpaid taxes, depending on how severe the violation is. Without proper transfer pricing benchmarking services, your business could face these costly penalties. Our services help you avoid these risks by ensuring your prices match what independent companies would charge.
Meet UAE Corporate Tax Requirements
The UAE has strict transfer pricing rules that require all businesses to use the arm’s length principle. This means your company must charge prices that independent companies would agree to in similar situations. Transfer pricing benchmarking services help you demonstrate to the UAE tax authorities that your pricing is fair and follows the law. This is crucial for maintaining good standing with the Federal Tax Authority.
Reduce Audit Risk and Disputes
Companies without proper transfer pricing documentation are more likely to face tax audits. When tax authorities review your business, they look for evidence that your prices are reasonable. With solid transfer pricing benchmarking services, you get the documentation and analysis needed to defend your pricing decisions. This reduces the chance of long, expensive disputes with tax authorities.
Protect Your Business Reputation
Transfer pricing violations can damage your company’s reputation with investors, partners, and customers. Major companies like Apple and Google have faced public criticism and legal challenges over transfer pricing issues. By using professional transfer pricing benchmarking services, you protect your business reputation and maintain trust with stakeholders.
Improve Financial Planning and Decision Making
These services don’t just help with compliance – they also give you valuable insights into market conditions and pricing trends. This information helps you make better business decisions about resource allocation, pricing strategies, and overall financial planning. You gain a competitive advantage by understanding how your pricing compares to similar companies in the market.
What We Offer: Your Complete Tax Support
Arm's Length Principle Analysis
We help you set fair prices for transactions between your related companies, ensuring you fully comply with the crucial arm's length principle required by tax laws.
Transfer Pricing Documentation
Our team prepares clear and detailed transfer pricing documentation to defend your pricing strategies, giving you solid support during any tax authority reviews.
Strategic Tax Risk Management
We proactively identify and address potential compliance issues, providing expert tax risk management to protect your business from penalties and disputes.
Full Corporate Tax Compliance
Stay ahead of changing regulations. We ensure your business meets all local and international standards for complete corporate tax compliance and peace of mind.
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Get Financial Stress Out Of Your Way
If you are delivering well monetarily, why be stressed about handling your finances?
Let us make it easier for you.
Proven Market Comparables
You’ll gain confidence knowing your intercompany prices mirror real-world transactions, keeping your records solid and defensible while you focus on growing your business.
Reduced Audit Stress
Clear, well-organized benchmarking reports mean you can handle tax authority queries calmly—no scrambling for evidence or last-minute revisions.
Stronger Compliance
By aligning your pricing with independent-party standards, you stay firmly within UAE regulations and sidestep costly penalties.
Smarter Decision-Making
Our deep dive into industry pricing trends gives you actionable intelligence to set strategic transfer prices that support your financial goals.
Minimized Tax Disputes
Early identification of potential pricing red flags helps you resolve issues before they escalate, protecting your company’s reputation.
Streamlined Reporting for Regulatory Peace
We deliver concise, easy-to-understand reports tailored to UAE authorities, so you meet deadlines effortlessly and demonstrate full transparency.
What Makes Synergy360 Different?
Synergy360 stands out by offering personal attention and real expertise in transfer pricing services.
Our team takes the time to understand your business and tailors solutions that fit your unique needs.
We don't just follow a checklist—we work closely with you, providing clear communication and honest advice every step of the way.
We utilise the latest technology and stay up-to-date with the newest knowledge of UAE tax laws to keep your company ahead of changes.
Comprehensive Transfer Pricing Benchmarking Services
Detailed Comparable Analysis
We identify and analyze similar market transactions to establish a fair, defensible price range for your intercompany dealings, ensuring they meet the arm's length standard.
In-Depth Economic Analysis
Our experts conduct a thorough economic review to select and apply the most suitable transfer pricing method for your specific business activities.
Robust Documentation Support
You receive clear, comprehensive reports that provide solid support for your pricing policies, strengthening your position against potential tax authority audits.
Ongoing Compliance & Strategy
We offer continuous support to help you navigate changing regulations, manage tax risks, and use pricing insights for smarter business planning.
Industries We Serve
We streamline UBO compliance, ensuring corporate transparency and legal adherence. Our experts assist with regulatory declarations and required submissions to UAE authorities.
Frequently Asked Questions
Transfer Pricing Benchmarking
Transfer pricing benchmarking services involve analyzing comparable market transactions to determine an arm’s-length price range for your intercompany dealings. This process ensures that the prices you charge related entities align with what independent parties would agree upon in similar circumstances, satisfying both UAE Corporate Tax Law and OECD guidelines.
Any UAE taxpayer that conducts related-party transactions exceeding AED 40 million in aggregate or AED 4 million per individual category (goods, services, interest, etc.) must prepare transfer pricing documentation and may require a benchmarking analysis to support their arm’s-length pricing.
A typical benchmarking study follows four key steps:
Data Gathering: Collect transaction details, company functions, and financials.
Comparable Search: Use international and local databases to find similar independent companies or transactions.
Analysis & Adjustments: Compare profit level indicators, apply necessary adjustments (e.g., size or functional differences), and establish an arm’s-length range.
Documentation: Compile a clear report showing methodology, selection criteria, results, and conclusions to defend your pricing approach.
Common methods include:
Comparable Uncontrolled Price (CUP): Direct price comparison between related and unrelated parties.
Transactional Net Margin Method (TNMM): Compares net profit margins to those of independent companies.
Resale Price Method (RPM): Starts with independent resale price and subtracts a gross margin.
Cost Plus Method: Adds an appropriate markup to the tested party’s costs.
A straightforward benchmarking analysis generally takes 4–6 weeks, depending on data availability and complexity. Multi-method studies or those requiring bespoke adjustments may extend to 8–10 weeks.
You must submit a Transfer Pricing Disclosure Form with your corporate tax return and maintain a contemporaneous Transfer Pricing File containing:
Functional and risk analysis
Benchmarking study report
Financial and comparability adjustments
Method selection rationale
Failing to conduct or document a benchmarking study can lead to:
Tax adjustments by the FTA, resulting in increased taxable income.
Penalties of up to 40% on underpaid tax.
Heightened audit scrutiny and prolonged disputes.
Reputational damage with stakeholders and regulators.
Synergy360 leverages:
Access to global and regional databases with robust screening filters.
Automated data-processing tools for efficient adjustments.
Pre-formatted report templates tailored to UAE regulations.
Ongoing support for queries, updates, and audit defense.
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Our firm is built on the foundation of ethics, expertise, and a deep commitment to helping clients achieve their financial and business goals. Synergy360 is a premier bookkeeping, Corporate tax filing, tax consultancy and business advisory firm based in Dubai, UAE.
With a team of highly qualified professionals, Synergy360 is dedicated to providing tailored solutions in accounting, tax compliance, VAT Consultancy Services, VAT registration services in UAE, and financial advisory services.
+971 507647814
info@synergy360.ae
Dubai United Arab Emirates