Representation Before FTA for Transfer Pricing Disputes

Getting entangled in transfer pricing disputes in the UAE may have serious repercussions on Multinational enterprises (MNEs). In such circumstances, they need someone to represent them before the Federal Tax Authority (FTA) in the UAE.

Tax Gian and its associate Jitendra Tax Consultants (JTC) can represent our clients before the UAE FTA in case of transfer pricing disputes or controversy. We have a team of transfer pricing consultants who can support you in case of disputes in the UAE.

Understanding Transfer Pricing Disputes

Transfer pricing involves setting the prices of goods, services, loans or intangibles transferred between related parties of an MNE located in different tax jurisdictions. Tax authorities will scrutinize the transfer pricing arrangements of your company to ensure they meet the arm’s length principle.

Any discrepancy will lead to disputes, audits, litigation and significant tax adjustments. If you face any such dispute in the UAE, our transfer pricing consultants can represent you before the FTA.

Why Transfer Pricing Representation is Crucial?

Dealing with transfer pricing disputes requires a deep understanding of the UAE and international tax laws, OECD guidelines, and specific industry practices. A transfer pricing adviser who can represent businesses before the UAE FTA can help them mitigate risks, avoid double taxation, and protect them from potential penalties.

Our team of seasoned transfer pricing professionals provides comprehensive support throughout the entire dispute resolution process for the UAE MNEs.

Our Services in Transfer Pricing Dispute Resolution

Pre-Dispute Analysis and Advisory

Our transfer pricing advisers will thoroughly review the transfer pricing policies and documentation of your company. This will help you identify potential risks and areas of concern. This proactive approach will help you address the core issues before they snowball into grave disputes.

Preparation of Transfer Pricing Documentation

Our transfer pricing experts assist in the preparation and submission of comprehensive transfer pricing documentation that meets the UAE FTA requirements and OECD guidelines. Tax Gian helps you build a strong foundation for your case.

Representation During Tax Audits

We provide representation during tax audits, liaising directly with tax authorities on your behalf to explain your transfer pricing strategies and defend your position effectively.

Negotiation and Settlement

Our team is skilled in negotiation techniques to achieve favourable settlements and minimize financial exposure. We work to reach agreements that align with your business objectives and regulatory requirements.

Appeals and Litigation Support

If a dispute progresses to litigation, we provide robust support, preparing legal arguments and evidence to present before tax tribunals or courts. Our goal is to achieve the best possible outcome for your business.

Mutual Agreement Procedures (MAP) and Advance Pricing Agreements (APAs)

Our transfer pricing advisers can guide you through the Mutual Agreement Procedure (MAP) process to resolve double taxation issues between countries. We also assist in obtaining Advance Pricing Agreements (APAs) to provide certainty in future transactions.

Why Choose Tax Gian’s Transfer Pricing Services?

Expertise and Experience: Our team comprises seasoned tax professionals with extensive experience in transfer pricing disputes across various industries and jurisdictions.

Tailored Solutions: We understand that each business is unique. Our solutions are tailored to meet your specific needs and objectives.

Good Reputation in FTA: We are registered tax agents in the UAE and we have a good relationship with the FTA. It allows our transfer pricing consultants to help you navigate disputes through constructive dialogue and negotiation in line with UAE laws and regulations.

Comprehensive Support: From pre-dispute advisory to litigation, we provide end-to-end support, ensuring a seamless experience throughout the dispute resolution process.

Protect Your Business with Expert Representation

Transfer pricing disputes can have significant financial and reputational implications for your business. Don’t navigate this complex landscape alone. We provide transfer pricing services to UAE entities and can represent you before the FTA if any dispute arises.

Frequently Asked Questions

What causes transfer pricing disputes?

The UAE MNEs may face transfer pricing disputes when they and the FTA disagree on the appropriate pricing of transactions between related parties.

What are advance pricing agreements (APAs)?

APAs are formal arrangements between MNEs and the FTA that establish agreed-upon transfer pricing methods and prices for specific transactions in advance.

REPRESENTATION BEFORE FTA FOR TRANSFER PRICING DISPUTES