In the era of the digital economy and the tightening of international tax regulations, Decree 132/2020/ND-CP and Decree 20/2025/ND-CP Amendments and additions from Decree 132. Transparency in related-party transactions has become a strategic challenge for all corporations. Especially with increasingly strict supervision from tax authorities, professional transfer pricing services in Tra Vinh are not only a solution for legal compliance but also a foundation for protecting reputation and optimizing sustainable economic benefits for businesses against the risks of tax assessment.
Tra Vinh's economic landscape: From purely agricultural to a clean energy hub.
To understand why controlling related-party transactions is important in Tra Vinh, we need to look back at the province's journey of economic transformation:
- Preliminary phase (Before merger and economic zone development): Tra Vinh was originally a predominantly agricultural province with small-scale industries. Businesses mainly operated in the processing of local agricultural products, with few cross-border transactions or transactions with parent companies abroad.
- Breakthrough and Integration Phase: With the establishment of the Dinh An Economic Zone and the emergence of "mega-projects" such as the Duyen Hai Thermal Power Plant, offshore wind power projects, and the Co Chien Bridge integrating into the vital infrastructure network of the Mekong Delta region, Tra Vinh has attracted a series of multinational corporations and FDI enterprises.
- Current situation: The shift from an agricultural economy to an energy and export-oriented processing economy has led to increased complexity in internal capital flows. Businesses in Tra Vinh now frequently engage in related-party transactions involving loans, technology transfer, and management services with their parent companies, resulting in stringent requirements for preparing transfer pricing documentation for tax authorities. Understanding the difficulties faced by businesses, MAN – Master Accountant Network provides comprehensive transfer pricing service, We provide comprehensive support for businesses during the upcoming peak tax filing season.
Entities required to file Transfer Pricing Documentation
According to Decree 132/2020/ND-CP, businesses in Tra Vinh need to be aware of the entities required to declare and prepare transfer pricing documents, including:
- Taxpayers engaging in related-party transactions include activities such as buying, selling, exchanging, leasing, renting, borrowing, lending, transferring goods and assets, and providing services with related parties.
And typical related parties:
- The business directly or indirectly holds at least 25% of the owner's equity of the other business.
- Both businesses have at least 25% of owner's equity held directly or indirectly by a third party.
- This enterprise guarantees or lends capital to the other enterprise in any form, provided that the loan amount is at least 25% of the owner's equity and accounts for over 50% of the total value of medium and long-term debts.
- One business appoints members of the board of directors or takes control of the other business.
See details: Conditions for exemption from preparing Transfer Pricing Documentation.
Note: Even if exempt from preparing Transfer Pricing Documentation (based on revenue or transaction value thresholds), businesses are still required to declare the Transfer Pricing Appendix along with their Corporate Income Tax return.
Overview of related-party transactions and transfer pricing in 2026
Related-party transactions are transactions that arise between parties that are related in the production and business process. The strong development of market mechanisms and free trade agreements requires businesses to have an independent and objective consulting firm to verify the objectivity of transaction prices.
To meet that demand, MAN – Master Accountant Network, with its team of experienced tax experts, has established itself as a leading provider. reliable transfer pricing service Leading the way. We help businesses in Tra Vinh optimize their operational structure, ensuring strict compliance with Decree 132/2020/ND-CP towards 2026.
Introducing MAN's transfer pricing services in Tra Vinh.
MAN's transfer pricing services in Tra Vinh offer a comprehensive solution, giving FDI businesses and economic corporations peace of mind regarding the legal validity of their anti-transfer pricing reports. We not only prepare the documentation but also act as a "shield" to protect businesses from tax audits.
With the boom in investment in renewable energy and logistics in Tra Vinh, the demand for Transfer pricing consulting services This is growing rapidly. MAN prides itself on being the preferred choice thanks to its ability to handle specialized human resource challenges and provide sustainable economic strategies.
MAN's professional transfer pricing service process in Tra Vinh.
To ensure accuracy and optimal results for customers, AACS applies a standardized 6-step international process:
- Step 1 – Receipt and Survey: AACS receives information about stakeholders and actual problems. After a preliminary risk assessment, we will send Transfer pricing service quotation detail.
- Step 2 – Planning and Data Collection: Gather information on functions, assets, and risks (FAR analysis) to build a comparison matrix.
- Step 3 – Market Comparison and Analysis: Retrieve data from reputable global sources to find comparable companies, ensuring the principle of independent market pricing.
- Step 4 – Data Verification and Comparison: Analyze and select the most appropriate pricing method (comparative pricing method, profit method, etc.) in accordance with legal regulations.
- Step 5 – Risk Consulting and Optimization: Directly discuss with the management team to provide timely corrective solutions if financial indicators fall outside safe limits.
- Step 6 – Finalize and Release the Documents: Hand over the official set of documents determining the transfer pricing of related-party transactions (Local File, Master File, CbCR).
Benefits of using transfer pricing services in Tra Vinh from MAN – Master Accountant Network
Partnering with a specialized organization like MAN – Master Accountant Network goes beyond just compliance; it also delivers core values that help businesses strengthen their financial position and optimize risk management:
- Strict compliance: Eliminates the risk of being subjected to tax assessments that cause significant economic damage.
- Financial transparency: Highly reliable records build trust with regulators and shareholders.
- Tax optimization: Understanding the overall picture of tax obligations within the corporation is crucial for developing the right business strategy.
- Post-service support: We are ready to assist businesses in providing explanations during tax audits and inspections in Tra Vinh province.
MAN's flagship service packages:
- Closely familiar with the local context: Thoroughly understand the economic characteristics and investment incentive policies in the Dinh An Economic Zone and other industrial parks in Tra Vinh.
- Cost-effective: Delivering maximum value at a competitive price, suitable for businesses of all sizes.
- Superior expertise: Our team of experts possesses in-depth knowledge of Vietnamese tax law and international BEPS practices.
Conclude
In the context of increasingly stringent transfer pricing audits in Tra Vinh, preparing a comprehensive set of related-party transaction documents is the strongest "shield" for businesses. With extensive experience and dedication, MAN is committed to providing optimal solutions to help your business not only comply with the law but also proactively control all arising financial risks.
Contact MAN – Master Accountant Network today to receive expert advice and maximize protection for your business interests.
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.