Transfer Pricing

Since the effective date of the Circular No. 66/2010/TT-BTC dated 22 April 2010 of the Ministry of Finance which mandates that enterprises having transactions with associated parties must make reports of market price determination on business transactions between associated parties (referred to as “price transfer”).

We have organized many training courses for Chief Accountants in Binh Duong, Ho Chi Minh City, with participation of Ms. Nguyen Thi Hanh – Head of Professional Department of Vietnam General Department of Taxation – is one of key people compiling Circular 66/2010/TT-BTC and our experts.

With professional expertise, the support of Tax Management Specialists, we have provided transfer pricing service in Binh Duong, Ho Chi Minh City and other provinces of Vietnam with high quality, effective for customers as well as improving the prestige for our company.

The price transfer service under Circular No. 41/2017/TT-BTC issued by the Ministry of Finance on 28 April 2017 is as follows:

– Consulting the Company on checking and determining associated parties with the Company;

– Consulting the Company on checking and determining the business transactions including sale, purchase, exchange, lease, transfer of goods, services during     its business (generally called business transactions) among the company’s associates;

– Conducting the analysis and comparison to determine the material difference in business transaction between independent parties and among associates in     accordance with market price;

– Collecting database or buying database in accordance with the Company’s operations which serves as a basis of determining market price in associated             transactions (applying one of methods as in the Circular No. 66/2010/TT-BTC and Circular No. 41/2017/TT-BTC for 2017);

– Consulting the Company on determining taxed income and corporate income tax in conformity with the related regulations in business transaction among         associates (after adjusting price in transactions among uncontrolled parties and associated parties to be suitable with market price) and assisting in:

– Preparing a dossier of determining market price among associated transactions in compliance with Circular
. No. 66/2010/TT- BTC and Circular No. 41/2017/TT-BTC;

– Preparing form No. 01, 02, 03, 04 according to Decree No. 20/2017/NĐ-CP for each year;

– Preparing the final settlement of corporate income tax (if arising tax obligations).

– Supporting the Company to explain the figures in the report to the Tax Department when there is inspection or examination.

We commit to bring the highest efficiency to customers with the best service fee in Binh Duong, Ho Chi Minh City, Hanoi and other provinces along Vietnam.