Supporting service
Transfer pricing in Singapore
Where your company transacts with related parties, those prices have to stand up to scrutiny. We help you meet the documentation requirements and put a position in place that holds.
When you need this
Why this matters now
Related-party pricing has become a significant issue for businesses operating in Singapore. Documentation requirements keep growing, penalties are substantial, and tax authorities have taken a more active approach to enforcement. Companies come to us when:
- Related-party transactions have grown and nothing is documented
- A tax authority has opened a transfer pricing review
- The group is restructuring and pricing needs revisiting
- Documentation exists but nobody has tested whether it still holds
The requirement is to have a position that is defensible and documented before it is questioned, not after.
Scope
How we help
Staying ahead of change
Tracking transfer pricing developments and risks, so you know when a change actually requires you to act rather than reacting to every announcement.
Documentation and compliance
Addressing your reporting obligations proportionately, with the resources and budget the company actually has.
Risk and operations
Reducing exposure while keeping compliance workable alongside how the business genuinely operates.
Audits and investigations
Responding to transfer pricing audits and investigations, including where several jurisdictions are involved at once.
How we work
How we work
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1
Review
We map your related-party transactions and look at what documentation already exists.
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2
Assessment
We identify where the exposure sits and what the reporting obligations require.
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3
Documentation
We prepare or update the documentation to support the position taken.
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4
Ongoing
We revisit it as the business changes rather than leaving it to age.
What you can expect
What you get
- Experienced practitioners across the jurisdictions your business touches.
- Scoped to your priorities and your budget rather than sold as a fixed package.
- Where several jurisdictions are involved, we say so up front and explain what that means for the work.
Common questions
Questions we are asked
It depends on the nature and value of your related-party transactions. IRAS sets the thresholds and requirements, and they change. We assess your position against the current rules rather than working from a general answer.
Group documentation often does not meet the local requirement on its own. We review what exists and tell you what, if anything, is missing for Singapore.
Yes, including on positions we did not originally prepare. Send us the correspondence and the underlying documentation.
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Discuss your transfer pricing requirements
Tell us what you need and we will come back to you.
- Office151 Chin Swee Road #04-08A Manhattan House, Singapore 169876
- Telephone+65 6926 3960
- Emailcontact@accorp.com.sg