{"id":1635,"date":"2023-09-09T05:07:54","date_gmt":"2023-09-09T05:07:54","guid":{"rendered":"https:\/\/elucidationacc.com\/?page_id=1635"},"modified":"2023-11-04T10:52:11","modified_gmt":"2023-11-04T10:52:11","slug":"transfer-pricing","status":"publish","type":"page","link":"https:\/\/elucidationacc.com\/index.php\/transfer-pricing\/","title":{"rendered":"Transfer Pricing"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1635\" class=\"elementor elementor-1635\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4cf007d elementor-section-boxed elementor-section-height-default elementor-section-height-default tf-sticky-section tf-sticky-no exad-glass-effect-no exad-sticky-section-no\" data-id=\"4cf007d\" data-element_type=\"section\" data-settings=\"{&quot;tf_sticky&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-253b71c exad-glass-effect-no exad-sticky-section-no\" data-id=\"253b71c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-07a647e de_scroll_animation_no exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-spacer\" data-id=\"07a647e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-086685d de_scroll_animation_no exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"086685d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Transfer Pricing<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c63939b elementor-section-boxed elementor-section-height-default elementor-section-height-default tf-sticky-section tf-sticky-no exad-glass-effect-no exad-sticky-section-no\" data-id=\"c63939b\" data-element_type=\"section\" data-settings=\"{&quot;tf_sticky&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-a0f21d0 exad-glass-effect-no exad-sticky-section-no\" data-id=\"a0f21d0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eec6dd6 de_scroll_animation_no exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"eec6dd6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p class=\"MsoNormal\" style=\"line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"en-AE\" style=\"font-size:10.0pt;\nfont-family:&quot;Verdana&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;\nmso-bidi-font-family:&quot;Times New Roman&quot;;color:#2C363A;mso-fareast-language:#4C09\">Transfer\npricing refers to the mechanism used to determine the value of intragroup\ntransactions between affiliated companies. It is common for affiliated\ncompanies to sell goods and\/or services, regardless of whether they are located\nin the same or separate jurisdictions and are under the same ownership or\ncontrol.<o:p><\/o:p><\/span><\/p><p class=\"MsoNormal\" style=\"line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"en-AE\" style=\"font-size:10.0pt;\nfont-family:&quot;Verdana&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;\nmso-bidi-font-family:&quot;Times New Roman&quot;;color:#2C363A;mso-fareast-language:#4C09\">As\nthe UAE is one of the lowest tax jurisdictions, with a 5% VAT and no corporate\nincome tax, it is the economic heart of a great number of companies, whose\noperations are centralized here. Since the United Arab Emirates signed the Base\nErosion and Profit Shifting (BEPS) framework of the Organization for Economic\nCo-operation and Development (OECD) in May 2018, there have been significant\nadvancements in transfer pricing over the past two years.<o:p><\/o:p><\/span><\/p><p>\n\n\n\n<\/p><p class=\"MsoNormal\" style=\"line-height: normal; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span lang=\"en-AE\" style=\"font-size:10.0pt;\nfont-family:&quot;Verdana&quot;,sans-serif;mso-fareast-font-family:&quot;Times New Roman&quot;;\nmso-bidi-font-family:&quot;Times New Roman&quot;;color:#2C363A;mso-fareast-language:#4C09\">ElucidationAcc\nis able to provide consulting services to our clients in order to optimize the\ntransfer pricing mechanism for the group of companies by recommending\nreorganization, if necessary, and employing the most appropriate transfer\npricing method.<o:p><\/o:p><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-e0c35d8 exad-glass-effect-no exad-sticky-section-no\" data-id=\"e0c35d8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a63037 de_scroll_animation_no exad-sticky-section-no exad-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"2a63037\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"534\" src=\"https:\/\/elucidationacc.com\/wp-content\/uploads\/2023\/11\/wooden-blocks-with-up-and-down-arrows-the-concept-of-lowering-and-increasing-indices-exchange-rate-1024x683.jpg\" class=\"attachment-large size-large wp-image-2291\" alt=\"Wooden blocks with up and down arrows. The concept of lowering and increasing indices, exchange rate\" srcset=\"https:\/\/elucidationacc.com\/wp-content\/uploads\/2023\/11\/wooden-blocks-with-up-and-down-arrows-the-concept-of-lowering-and-increasing-indices-exchange-rate-1024x683.jpg 1024w, https:\/\/elucidationacc.com\/wp-content\/uploads\/2023\/11\/wooden-blocks-with-up-and-down-arrows-the-concept-of-lowering-and-increasing-indices-exchange-rate-768x512.jpg 768w, https:\/\/elucidationacc.com\/wp-content\/uploads\/2023\/11\/wooden-blocks-with-up-and-down-arrows-the-concept-of-lowering-and-increasing-indices-exchange-rate-1536x1024.jpg 1536w, https:\/\/elucidationacc.com\/wp-content\/uploads\/2023\/11\/wooden-blocks-with-up-and-down-arrows-the-concept-of-lowering-and-increasing-indices-exchange-rate-2048x1365.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Transfer Pricing Transfer pricing refers to the mechanism used to determine the value of intragroup transactions between affiliated companies. It is common for affiliated companies to sell goods and\/or services, regardless of whether they are located in the same or separate jurisdictions and are under the same ownership or control. As the UAE is one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"_links":{"self":[{"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/pages\/1635"}],"collection":[{"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/comments?post=1635"}],"version-history":[{"count":10,"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/pages\/1635\/revisions"}],"predecessor-version":[{"id":2294,"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/pages\/1635\/revisions\/2294"}],"wp:attachment":[{"href":"https:\/\/elucidationacc.com\/index.php\/wp-json\/wp\/v2\/media?parent=1635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}