GREENVISSAGE HELPS DE-RISK TRANSFER PRICING PROCESSES FOR EVERY BUSINESS
We have delivered senior-level, independent consultation
and analysis on Transfer Pricing matters for clients
across a broad range of industries.
The setting of a price for services and goods between related legal entities is referred to as a transfer price. With Greenvissage, each and every business can de-risk transfer pricing matters with effective documentation, filing audit report, litigation support and all other aspects.
Transfer pricing refers to the pricing of international transactions between two associated enterprises. Due to the special relationship between related parties, the transfer price may be different than the price that would have been agreed between unrelated parties.
Developed countries have strict rules for transfer pricing and India has also joined this by having its own set of stringent transfer pricing regulations. Multinational companies look to ensure that their global policies of transfer pricing are in line with the arm’s length principles. Also, that they are justifiable to the tax authorities in order to close any investigations regarding pricing of the cross border inter-company transactions. Since the impact is significant on tax collections, governments are looking at every opportunity and are aggressive to get their fair share of taxes. The tax scrutiny numbers are on an increase worldwide.
The tax rules related to transfer pricing are complex and in addition to that governments are proactive in analyzing transfer pricing tax policies and practices. The penalties for running afoul of transfer pricing rules can be significant for every company. Our highly-experienced transfer pricing professionals offer a comprehensive solution in each and every area of transfer pricing which includes documentation, transfer pricing assessments, CBCR support, and other value-added services.
Quality Assured Transfer price services we offer
Our transfer pricing professionals have technical expertise and knowledge to assist in all the aspects of transfer pricing matters for clients across a broad range of industries. Our Transfer pricing services include:
Greenvissage helps in defining the transfer price / methodologies by understanding the MNC’s transfer pricing profile, performs a functional analysis to identify each entity’s functions, risks and ownership or use of intangible assets. The main goal of Greenvissage team is to prevent both the situations of shifting profits incorrectly from high tax countries to lower tax countries or reporting of too much taxes in high tax countries and too little in the low tax countries. We ensure that profits are taxed at the place where value is actually created.
Our global transfer pricing professionals help you develop the ideal transfer pricing policies and ensure the management of transfer pricing accounting that maximizes the potential for increasing your after-tax income. Know in detail about our transfer pricing services in Pune.
Yes, our global transfer pricing team also works with overseas companies to ensure effective transfer pricing policies with innovative approaches.
Ranging from small scale to large scale enterprises, we deliver an ideal transfer pricing solutions for all type of industries.
From Greenvissage, you can get the following advantages
Do you know that the transfer pricing offers lots of advantages for a company in the means of taxation? Let’s discuss the key factors about it and how the company gets benefitted from transfer pricing taxation?
In just simple words, the transfer pricing helps the business to save costs and to simplify the internal accounting system. Offering with professional advisory and transfer pricing services in Pune, our in-house team will support you in all means of transfer pricing methods along with the preparation of all required documentation to support your entity in a reliable manner.
Assist in formulating the transfer pricing policies/ in reviewing the current policies/implementing transfer pricing structures
Our team works with a drive for innovative approaches and enables companies to take advantage of globalisation by having effective transfer pricing policies.
Beyond a threshold of turnover, a person entering into an international transaction needs to maintain prescribed documentation about ownership structure, profile of the group, name, address, legal status and tax residence of each of the companies of the group, description on the business as well as industry, nature and terms (including prices) of transactions entered into, a record of the economic and market analysis, a record of uncontrolled transactions taken into account for analysing their comparability etc.
Our team does extensive ground work of the transfer pricing positions taken by the company before the tax assessments. The approach is to have the documentation right and make research papers to surpass significant risk.
The objective of having the CBCR is to enhance transparency for the tax administrations by providing them adequate information to assess transfer pricing risk. We help companies in the preparation and filing of CBCR forms and to be compliant with other statutory filings under this.