Transfer Pricing Services

Transfer Pricing Services

Transfer pricing is another challenge for international businesses with operations in China. The increased volume of cross-border transactions has made transfer pricing becoming a complicated issue. Transfer pricing audits in China can result in retroactive review of up to ten years. With the Chinese authorities tightening their grip on transfer pricing enforcement with additional resources and regular audits, businesses must act accordingly to prevent adverse predicaments that may potentially result in heavy fines and additional tax payments. Hong Kong tax authority also issued Transfer Pricing Guidelines (Methodologies and Related Issues) for strengthening the management on transactions between associated companies. Our professional team is knowledgeable and experienced to assist our clients in achieving a better compliance and risk management of transfer pricing on their cross-border transactions based on regulations in the Mainland of China and Hong Kong.

Our services include:

  • High-level review
  • Transfer pricing benchmarking
  • Assisting in contemporaneous documentation preparation
  • Advisory services on preparing transfer pricing group master file
  • Supply chain transfer pricing advisory services
  • International transfer pricing advisory services (e.g. cost sharing arrangement, contract research and development, and intangible asset planning)
  • Advance pricing arrangement advisory services
  • Advisory on transfer pricing audit defense