Purposes and Deliveries of the service
Assist clients in filing and preparing transfer pricing documents, including the Local file, Master file and Country-by-country report. These documents are required by laws to submit to the local tax authorities where and when required. Without having these documents properly filed, clients will be subject to penalties and high tax risks in the future.
Clients of this service are companies that have transactions with related parties and are required by laws to prepare transfer pricing documents.
The service is delivered through the following steps:
How long does the service take?
It depends very much on the scope of work and responses & cooperation from the client.
In reality, we usually manage to finish the service within 5 - 6 weeks in most cases. For urgent circumstances, we may apply special processes and resources together with active cooperation from the client.