Transfer pricing
Transfer pricing
In the era of global business, transfer pricing has become a critical issue for multinational companies. At WTS Nobisfield, we offer specialized Transfer Pricing services to assist multinational companies in managing related party transactions in compliance with international standards and local regulations. Our services cover documentation preparation, filing of transfer pricing returns, dispute resolution, and risk mitigation.
- Documentation Preparation
Proper documentation of related party transactions is essential to demonstrate compliance with transfer pricing regulations. Our team of experts works closely with multinational companies to prepare comprehensive transfer pricing documentation that aligns with international best practices, including the OECD Guidelines and the Transfer Pricing Regulations, 2012, L.I. 2188.
Our documentation includes detailed analysis, benchmarking studies, and a transparent record of related party transactions, ensuring that your company is well-prepared to defend its transfer pricing policies in the event of a tax audit or dispute.
- Filing Transfer Pricing Returns
Multinational companies operating in Ghana are required to file transfer pricing returns for each tax year with the Ghana Revenue Authority (GRA). We take on the responsibility of preparing and submitting these returns on behalf of our clients, ensuring that all necessary information is accurate and in compliance with local regulations.
Our comprehensive approach to transfer pricing return filing helps clients avoid penalties, stay compliant, and maintain a strong relationship with tax authorities.
- Dispute Resolution
Transfer pricing disputes can be complex and time-consuming. Our team leverages their extensive tax experience and expertise in transfer pricing to assist clients in resolving transfer pricing disputes effectively. We work closely with tax authorities to present a clear and substantiated case that demonstrates the fairness and compliance of your company’s transfer pricing policies.
Our goal is to achieve a resolution that is both beneficial to our clients and aligns with the regulatory framework. We aim to minimize the financial and reputational risks associated with transfer pricing disputes.
- Risk Mitigation
Identifying and mitigating transfer pricing risks is a proactive approach to ensure compliance and reduce the likelihood of disputes. Our experts analyze your company’s transfer pricing policies and transactions to identify potential risks and develop strategies to mitigate them.
By staying ahead of potential issues, we help multinational companies maintain smooth and compliant transfer pricing practices, reducing the chance of future disputes.
Why Choose WTS Nobisfield for Transfer Pricing Services
- Specialized Expertise: Our team specializes in transfer pricing and stays current with international guidelines and local regulations.
- Customized Solutions: We tailor our services to the unique needs of your business, ensuring that your transfer pricing documentation and strategies align with your industry and operations.
- Comprehensive Support: From documentation preparation to dispute resolution and risk mitigation, we provide end-to-end support for your transfer pricing needs.
- Effective Dispute Resolution: Our experienced team is skilled in presenting a robust case to tax authorities, aiming for fair and timely dispute resolution.
- Proactive Risk Management: We identify and address transfer pricing risks before they become problematic, helping your company maintain compliance and reduce potential disputes.
At WTS Nobisfield, we understand the complexities of transfer pricing for multinational companies. Our comprehensive Transfer Pricing services are designed to ensure that your company’s related party transactions are well-documented, compliant with regulations, and effectively managed to minimize risks and disputes. Contact us today to explore how our expertise can support your transfer pricing needs.
