Thu Dau Mot City is currently a Class I urban area, playing a key economic, cultural, and political role in Binh Duong province. As the center of the Southern key economic region, Thu Dau Mot boasts a dynamic and developing economy, particularly in the industrial and service sectors. The boom in multinational corporations and parent-subsidiary company models here has led to a pressing need for compliance with transfer pricing regulations.
In line with that development, MAN – Master Accountant Network provides solutions. comprehensive transfer pricing service Professionalism helps businesses optimize their management systems and avoid serious tax collection risks.
Economic context and compliance pressure for related-party transactions in Thu Dau Mot
Thu Dau Mot, along with Thuan An and Di An, forms the "three pillars" driving Binh Duong's economy. With total state budget revenue consistently ranking among the top in the country, the city is home to seven large industrial parks (IPs): VSIP II, Song Than 3, Phu Tan, Kim Huy, Dai Dang, Dong An 2, and Mapletree.
The presence of thousands of FDI enterprises and large corporations in these industrial parks creates a complex network of internal transactions. In the context of increasingly stringent tax audits under Decree 132/2020/ND-CP, the preparation and storage of records determining transfer pricing is not only a legal obligation but also a strategy for protecting sustainable profits. Proper implementation is crucial. Transfer pricing reporting guidelines It serves as a "passport" that helps businesses increase their credibility with regulatory agencies and international partners.
Introducing MAN's professional transfer pricing services.
MAN – Master Accountant Network confidently positions itself as a leading firm in tax and related-party transaction consulting in Thu Dau Mot. We don't just handle the numbers; we provide strategic solutions to help businesses justify their profits to the tax authorities.
MAN's services are personalized and tailored to the specific characteristics of each industry, from electronics manufacturing to logistics. With a team of experts deeply knowledgeable about domestic tax regulations and OECD guidelines, MAN ensures businesses have complete peace of mind regarding compliance with their Local File, Global Master File, and Country-by-Country Report of Profit and Loss (CbCR).
Standard transfer pricing service procedures
To ensure the highest level of objectivity and accountability, MAN employs a rigorous related-party transaction risk control process:
- Functional and Risk Analysis: MAN's transfer pricing experts directly survey the operating model, identify related parties and the nature of internal transactions (buying and selling goods, lending, technology transfer, etc.).
- Selection of comparison method: Based on actual data, we select the most appropriate pricing method (CUP, TNMM, Resale Price, etc.) in accordance with current regulations.
- Independent comparative data lookup: Utilizing professional databases to search for similar businesses, ensuring client profit margins fall within independent benchmarks.
- Prepare compliance documentation: Complete the transfer pricing documentation in accordance with the legal structure, ready for tax audits.
- Consulting and Explanation Support: We work alongside businesses in discussing risk findings and provide direct support in dealing with tax authorities when required.
Benefits of choosing transfer pricing services at MAN – Master Accountant Network
Partnering with MAN brings exceptional value to foreign-invested businesses in Thu Dau Mot:
- Transparent pricing policies: Eliminating concerns about profit shifting abroad or tax evasion.
- Minimizing the risk of tax arrears and assessments: Early detection of discrepancies in pricing policies allows for timely adjustments, avoiding late payment penalties and tax assessments that can amount to billions of dong.
- Optimizing financial structure: Through value chain assessment, we help businesses allocate profits in a rational and legal manner.
- Decision support: Providing market data to help management price insider transactions more accurately according to business realities.
MAN – Master Accountant Network's comprehensive transfer pricing service packages.
MAN offers a diverse ecosystem of services to meet all tax and financial needs in Binh Duong:
- Prepare Transfer Pricing Documentation (Local File & Master File).
- Declare the related-party transaction forms attached to the corporate income tax return.
- Transfer Pricing Health-check.
- Consultation on advance pricing agreements (APAs).
- Specialized auditing, accounting, and tax consulting services for FDI businesses.
Why do businesses in Thu Dau Mot trust MAN?
More than just a consulting firm, MAN is trusted by businesses in VSIP and Song Than industrial parks because:
- Practical experience: MAN has successfully completed thousands of projects for multinational corporations and large-scale FDI enterprises.
- Commitment to quality: Ensuring thorough documentation and strict adherence to Decree 132/2020/ND-CP and its guiding circulars.
- Cost-effective: Competitive and transparent fees that are commensurate with the level of risk protection we provide.
- Confidentiality and Dedication: We work on the principle of independence and absolute confidentiality of the corporation's sensitive data.
Conclude
Utilizing transfer pricing services in Thu Dau Mot from MAN – Master Accountant Network is a key solution for businesses to build a solid financial foundation and comply with the law. We are committed to partnering with your business in transparent data, protecting profits, and achieving sustainable growth in the dynamic Binh Duong market.
If your business needs a reputable, professional, and locally knowledgeable transfer pricing consultant, contact MAN – Master Accountant Network today to receive the best support from leading experts.
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.