Are you looking for a professional transfer pricing service provider in Cu Chi with in-depth knowledge of tax regulations and risk management? MAN – Master Accountant Network is proud to be your strategic partner, helping businesses standardize transfer pricing documentation, ensuring compliance and optimizing tax benefits in the context of increasingly stringent transfer pricing audits.
What are related-party transactions? Why should businesses care?
Related-party transactions are transactions that occur between parties with a related relationship (such as parent-subsidiary companies, companies within the same group, or those with common control). In Vietnam, these activities are strictly regulated by Decree 132/2020/ND-CP.
The central task of managing related-party transactions is to demonstrate objectivity (Arm's Length Principle) in price determination. Failure to do so risks tax assessment, late payment penalties, and serious damage to financial reputation. The use of comprehensive transfer pricing service It helps businesses eliminate reporting errors and optimize their cost structure.
MAN's scope of work in transfer pricing consulting services in Cu Chi District.
In Cu Chi District, home to numerous industrial parks and FDI enterprises, MAN – Master Accountant Network provides a comprehensive ecosystem of transfer pricing prevention services:
- Local File Preparation: Develop a detailed report on related-party transactions, analyzing the business's functions, assets, and risks.
- Creating a Global Corporate Master File: Coordinating the provision of information on the operational structure and profit distribution policies of the entire corporation.
- Country-by-Country Reporting (CbCR): Assisting multinational corporations in complying with reporting obligations under OECD standards and Vietnamese regulations.
- Filling out the appendix forms: Instructions and procedures for filling out Appendices I, II, III, and IV accompanying the corporate income tax return.
- Data comparison and analysis: Utilizing international databases to find comparable objects, serving to determine accurate market price ranges.
To begin this process correctly, you can refer to the following: Transfer pricing reporting guidelines our details.
Procedures for providing transfer pricing services in Cu Chi District
To ensure clients' records remain strong during any audit, MAN implements a standardized 6-step process:
- Step 1 – Survey and Identify Relationships: Assess ownership structure and related parties to determine the scope of obligations.
- Step 2 – Value chain and functional analysis: Gain in-depth understanding of business operations to determine the company's actual contribution to overall profitability.
- Step 3 – Choosing a pricing method: Apply the most suitable method, such as the standalone price comparison method, the profit margin method, or the profit allocation method.
- Step 4 – Benchmarking: Retrieve data from reputable sources to compare your company's profit margin with the market.
- Step 5 – Documentation and Risk Assessment: Prepare a complete set of documents and provide recommendations for adjustments if discrepancies are found.
- Step 6 – Support in explaining to tax authorities: Working alongside businesses to protect their data before tax authorities when audits are requested.
Special support for FDI and new businesses in Cu Chi.
For newly operational units or those with newly established related-party transactions, MAN offers specific support packages:
- Establishing internal pricing policies: Consulting on building a pricing framework from the outset to avoid potential future risks.
- Training accounting staff: Supporting the on-site team in understanding how to store documents for the purpose of combating transfer pricing.
- Comprehensive tax review: Examine the compatibility between financial statements and regulations regarding interest expense (30% EBITDA restriction).
MAN – Master Accountant Network's commitment to transfer pricing services:
- Absolute legal compliance: Always up-to-date with the latest circulars and decrees from the Ministry of Finance and the General Department of Taxation.
- Data security: We are committed to protecting the company's business information and pricing strategies at the highest level.
- Cost optimization: Minimize penalties for incorrect or incomplete reporting of related-party transactions.
- Expert team: Tax consultants and auditors with practical experience in large-scale transfer pricing audits.
Benefits of trusting MAN's transfer pricing services in Cu Chi District
Utilizing MAN's services helps businesses in Cu Chi not only achieve financial transparency but also proactively address tax risks. We help you transform related-party transaction compliance from an administrative burden into a sustainable risk management strategy.
If your business needs a quote for related-party transaction services in Cu Chi or wants advice on the process of preparing transfer pricing documentation, please contact MAN – Master Accountant Network immediately.
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.