In Ukraine Transfer Pricing (TP) rules were introduced on 1 September 2013. Since then, almost every year they have undergone significant changes that need to be taken into account when planning business transactions with foreign counterparties.
Given the high penalties for failure to submit or late submission of the TP Report, or failure to include a controlled transaction to the filed TP Report, failure to submit TP Documentation, we recommend our clients paying particular attention to identification and analysis of the controlled transactions, and their mandatory inclusion in the TP Report, due substantiation in the TP Documentation.
As part of TP consulting, we help our clients to prepare TP policy, especially taking into account particular attention of the tax authorities to TP issues during the tax audits. With a high level of expertise in Transfer Pricing and powerful capacities of the Nexia International network, we offer our Clients qualified assistance in planning, managing, documenting, evaluating and protecting their Transfer Pricing policies and related business processes.
Since 2013, our TP experts have successfully provided consulting services in the field of Transfer Pricing to more than 100 public and private companies, which, in particular, work in the following areas: oil and gas, electricity generation and supply, agriculture, FMCG, food processing, construction, engeneering, IT, pharmacy, etc