Are you looking for a reputable, professional, and cost-effective affiliate transaction consulting solution in District 11?
MAN – Master Accountant Network provides a comprehensive transfer pricing solution ecosystem, supporting foreign-invested enterprises (FDI) and multinational corporations in District 11 to ensure transparency, strict compliance with Decree 132/2020/ND-CP, and minimize the risk of tax arrears. With a team of experienced professionals, we are committed to delivering transfer pricing services High quality, helping businesses stand firm during tax audits.
Characteristics of transfer pricing services in District 11
MAN's transfer pricing service in District 11 possesses core strengths that help businesses establish sound transfer pricing policies:
- Deep specialization and practical expertise: Our team of experts not only masters accounting standards but also has practical experience in defending data before regulatory authorities, ensuring your records remain intact.
- Multi-level compliance solution: We provide a complete package from filling out related-party transaction information forms to preparing transfer pricing report (Country profile, Global corporate profile).
- Modern comparative data system: Utilizing international and domestic databases (such as Orbis, Bloomberg, TP Catalyst) to find the most similar comparable entities, ensuring objectivity in the company's profit margin analysis.
- Quantitative risk analysis: We conduct reviews of internal transactions to detect potential transfer pricing risks early, helping businesses make timely adjustments before the end of the fiscal year.
- Commitment to confidentiality and responsibility: All business data and pricing strategies are kept strictly confidential in accordance with ISO standards for information security.
Specific tasks involved in providing transfer pricing services in District 11.
The service implementation process at MAN is scientifically designed to standardize businesses' tax obligations:
- Reviewing the current state of transactions: Analyzing related-party relationships and identifying internal transactions that occurred during the tax period.
- Prepare the related party transaction declaration: Complete all Forms 01, 02, 03, and 04 as prescribed in Decree 132/2020/ND-CP and attach them to the corporate income tax return.
- Functional and Risk Analysis (FAR): Assessing the company's role in the value chain to select the appropriate pricing method (Standard Transaction Price Comparison, Resale Price, Cost Plus, or Profit Allocation Method).
- Benchmarking: Querying data from independent businesses with similar operations to establish a benchmark market price range.
- Building a Transfer Pricing Documentation File: Completing a professional three-level documentation set (Local File, Master File, Country-by-Country Report), ready for explanation during tax audits.
- Strategic advisory and post-audit: Provide recommendations on signing advance pricing agreements (APAs) if necessary to stabilize the long-term tax environment.
Documents and records that businesses need to prepare.
To ensure a smooth process for filing related-party transaction documents in District 11, clients need to cooperate by providing the following documents:
- Financial reporting system: Audit reports, balance sheets, and detailed income statements by segment (if applicable).
- Internal economic contracts: Contracts for the purchase and sale of goods, provision of services, lending of assets, or technical support between affiliated parties.
- Organizational chart and corporate model: Information about the members of the corporation, ownership structure, and global supply chain operational diagram.
- Internal pricing policy: Guidelines for determining transfer pricing are being applied within the group.
- Specific transaction documents: Invoices, customs declarations, and handover records related to high-value transactions during the period.
MAN – Master Accountant Network's Commitment
We understand that affiliate trading is a sensitive and complex issue. Therefore, MAN is committed to:
- Absolute legal compliance: Ensuring that the documentation complies with all applicable tax laws and regulations in Vietnam.
- Maximizing benefits: Finding the most reasonable defenses to prevent the business from being unfairly taxed.
- On-site support and explanations: MAN experts will directly participate with businesses in meetings with the tax inspection team.
- Constantly updated: We are always up-to-date on the latest changes in tax policies and international tax administration trends (BEPS) to advise our clients.
Related party transaction compliance schedule
According to regulations, the submission of related-party transaction declarations and the preparation of documentation must comply with the annual tax settlement deadline:
- Deadline for filing the return: At the same time as filing the Corporate Income Tax Final Settlement Return (usually the last day of the third month from the end of the fiscal year).
- Deadline for providing internal documents: Must be available at the time of settlement and provided to the tax authorities within 15-30 working days upon request for an audit.
Using MAN – Master Accountant Network's solution helps businesses in District 11 not only fulfill their tax obligations but also build a transparent corporate image, creating trust with shareholders and international partners.
Looking for a quote for related party transaction services in District 11? Contact MAN's transfer pricing experts immediately via Hotline 0903 963 163 for strategic advice and dedicated support.
Contact information MAN – Master Accountant Network
- Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City
- Mobile/Zalo: 0903 963 163 – 0903 428 622
- Email: man@man.net.vn
Content production by: Mr. Le Hoang Tuyen – Founder & CEO MAN – Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.