In the context of increasingly stringent tax audits regarding transfer pricing activities, MAN – Master Accountant Network's transfer pricing services in Tan Phu District have emerged as a strategic solution for businesses. As a key industrial and service hub of Ho Chi Minh City, Tan Phu District concentrates a large number of FDI enterprises and corporations with related-party transactions. Understanding regulations and preparing documentation for determining transfer pricing is not only a legal obligation but also a way to sustainably optimize tax costs.
What are related-party transactions? Why should businesses care?
Transfer pricing refers to transactions that occur between related parties in the production and business process. According to Decree 132/2020/ND-CP, when a business engages in transactions such as buying, selling, borrowing, or leasing assets with related parties, it is obligated to declare and document the transfer pricing based on the "market price" principle.
Implementation comprehensive transfer pricing service This helps businesses demonstrate objectivity in pricing, thereby avoiding the risk of being subjected to inflated tax rates and administrative penalties by the tax authorities.
Scope of work for transfer pricing services in Tan Phu District
In Tan Phu District, MAN provides a comprehensive service ecosystem that closely follows the operational realities of manufacturing and trading businesses:
- Transfer Pricing Documentation (TP Documentation): Develop a local file, a global master file, and a country-by-country report on net profit (CbCR).
- Review and assess transfer pricing risks: Analyze profit margins and compare them with market data to provide early warnings of discrepancies that could lead to tax arrears.
- Filling out appendix forms: Assisting in accurately completing the forms for declaring information on related-party relationships and related-party transactions accompanying the corporate income tax return.
- Transfer pricing strategy consulting: Establishing optimal internal transaction models, complying with both Vietnamese accounting standards and international practices. You can find more information here. Transfer pricing reporting guidelines To understand the correct procedure.
Cases where businesses are restricted or require special attention.
To ensure transparency, businesses in Tan Phu need to pay attention to regulations regarding interest expenses and independent liability relationships:
- Interest expense limitation: The total interest expense deductible when determining corporate income tax shall not exceed the net profit from business operations plus interest expense and depreciation expense (EBITDA).
- Independence of comparative data: The selected independent comparable entities must have a high degree of similarity in function, assets, and risks, and must not be related to each other.
- Invalid application: If the application is prepared by entities lacking professional certification or the comparative data lacks a clear source, the tax authority has the right to reject it and determine the price.
Conditions for providing professional transfer pricing services.
For a consulting firm in Tan Phu District to be qualified to conduct in-depth transfer pricing reports, it must meet the following stringent standards:
- Professional license: Must possess a license to operate in auditing and tax consulting issued by the Ministry of Finance.
- Expert team: Possesses at least 5 certified Certified Public Accountants (CPA) or certified tax service professionals with over 36 months of practical experience in related-party transactions.
- Data system: Access to reputable international databases (such as Orbis, Moody's, Bloomberg) to perform accurate comparative analysis of return rates.
- Quality control process: Adherence to international quality control standards for consulting services to protect client interests against inspections.
Benefits of choosing transfer pricing services at MAN – Master Accountant Network
MAN – Master Accountant Network is more than just a consulting firm; we are a strategic partner that helps businesses operate with peace of mind.
- High level of expertise: Our team of experts possesses in-depth knowledge of Vietnamese tax law and OECD guidelines on transfer pricing.
- Diverse comparative data: We possess a rich source of independent comparative data, ensuring we find the best "similar codes" for businesses in Tan Phu District.
- Support during audits: Beyond just preparing documentation, we provide direct support in explaining transfer pricing to tax authorities when requested.
- Cost optimization: Competitive and flexible pricing policies, tailored to transaction size, help businesses save costs while ensuring the highest level of compliance.
If your business in Tan Phu District is incurring internal loans, royalties, or inter-party transactions, contact MAN – Master Accountant Network immediately for maximum protection against tax risks in 2026.
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.