MAN – Master Accountant Network proudly stands as a pioneering and experienced provider of professional related-party transaction advisory solutions in the western part of Ho Chi Minh City. In the context of stricter tax regulations on transfer pricing, we are committed to delivering optimal strategies to help businesses strictly comply with Decree 132/2020/ND-CP and ensure transparency in their financial reporting.
What is transfer pricing? Why is it necessary to control transfer pricing?
Transfer pricing refers to transactions occurring between related parties (such as parent-subsidiary companies, or companies within the same group) involving the purchase, exchange of goods and services, or borrowing. Managing related-party transactions is not only a legal requirement but also key to protecting a business's interests during tax audits.
The central objective of this operation is to ensure adherence to the "market price" principle (Arm's Length Principle). Correct implementation is crucial. Transfer pricing reporting guidelines This will help organizations avoid the risks of tax assessments, administrative penalties, and damage to brand reputation.
This is a process that demands objectivity, carried out by consultants with in-depth knowledge of international tax law, independent comparative data analysis skills, and a thorough understanding of the value chain of each specific industry.
Team of experts on related party transactions in Binh Chanh
As a leading firm in the region, we not only provide auditing services but also serve as a strategic partner in tax risk management for FDI enterprises and multinational corporations in industrial parks within Binh Chanh district.
Our team of experts holds advanced professional certifications and is ready to assist clients in preparing Transfer Pricing Documentation (Local File, Master File). We go beyond simply ensuring compliance; we aim to propose effective operating models, helping businesses grasp key information to make informed long-term investment decisions.
Professional service delivery process
To ensure quality, every MAN project in Binh Chanh district adheres to a strict 5-step process:
- Related Party Survey and Identification: Collaborate with businesses to accurately identify related parties and the list of transactions that occurred during the period.
- Functional and risk analysis: Assessing the role of each entity in the value chain, and then selecting the most appropriate pricing method.
- Market data comparison: Utilize reputable commercial database systems to search for comparable independent businesses, ensuring objectivity in the report.
- Prepare the Price Determination Documentation (TP Documentation): Complete the forms as prescribed by Decree 132/2020/ND-CP, and identify potential risk indicators to advise on timely corrective actions.
- Presentation and Post-Inspection Support: Sending detailed reports to clients and assisting in explaining data to tax authorities when required.
MAN's core services in Binh Chanh District
We provide a comprehensive ecosystem of services, allowing businesses to focus on their core operations with peace of mind:
- Preparing Related Party Transaction Documents and Transfer Pricing Reports: This is a core service that helps businesses comply with reporting obligations. We provide... comprehensive transfer pricing service This includes preparing declaration forms 01, 02, 03, 04 and a three-tiered documentation set according to OECD standards.
- Strategic consulting on pricing and internal control: We advise on establishing internal transaction prices right from the business planning stage and evaluate the internal control system to detect errors in related-party accounting early, thereby minimizing the risk of tax arrears.
Why choose MAN as your transfer pricing partner?
Choosing a reputable consulting firm not only helps businesses optimize their tax obligations but also builds a solid governance foundation. Below are the differentiating values that make MAN a trusted partner for thousands of businesses:
- Extensive practical experience: Our team of experts has directly participated in tax settlements for hundreds of businesses in Binh Chanh, possessing a deep understanding of the specifics of local tax administration.
- Flexible services to scale: Whether you're a small or medium-sized enterprise or a large corporation, we have a customized solution to suit your budget and transaction complexity.
- Absolute data security: We apply the highest data security standards and are committed to not disclosing our clients' strategic information and financial data to any third party.
Contact MAN – Master Accountant Network today for expert advice on related-party transactions, helping your business achieve sustainable growth.
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.