TP Audit Dubai – Compliance & Documentation

TP Audit Dubai – Professional Transfer Pricing Review Services

TP audit Dubai services help businesses in the UAE comply with corporate tax rules and OECD guidelines. Every company dealing with connected persons must ensure their transactions follow fair market pricing. A TP audit checks the accuracy of transfer pricing documentation and ensures that all related party transactions meet the Federal Tax Authority (FTA) requirements.

Mubarak Al Ketbi (MAK) Auditing offers expert TP audit services in Dubai to help companies meet these obligations and avoid penalties.

Purpose of a TP Audit in UAE

A TP audit aims to:

• Check compliance with UAE transfer pricing laws.
• Verify if related party transactions follow OECD methods.
• Review documentation for Master and Local Files.
• Ensure pricing matches market benchmarks.
• Identify risks before an FTA inspection.

Why a TP Audit Matters for Dubai Businesses

A TP audit is essential because:

• It avoids penalties from non-compliance.
• It improves tax accuracy by verifying pricing.
• It enhances transparency in financial reporting.
• It reduces audit risks during FTA reviews.
• It aligns local and global standards for multinational groups.

Steps in the TP Audit Process

Mubarak Al Ketbi (MAK) Auditing follows these steps:

1. Data collection – Gathering related party transaction details.
2. Transaction mapping – Identifying high-risk dealings.
3. Method verification – Ensuring OECD methods are applied correctly.
4. Benchmarking analysis – Comparing prices with market data.
5. Compliance check – Reviewing all transfer pricing documentation.
6. Audit report – Summarizing findings and recommendations.

OECD-Compliant TP Audit Methods

During a TP audit, the consultant may review:

• Comparable Uncontrolled Price (CUP).
• Resale Price Method.
• Cost Plus Method.
• Transactional Net Margin Method (TNMM).
• Profit Split Method.

Each method is selected based on transaction type and data reliability.

Key Documents Reviewed in a TP Audit

A proper TP audit checks:

• Master File – Group structure, related party activities, global financial data.
• Local File – UAE-specific transactions and pricing.
• Intercompany agreements – Written contracts between entities.
• Benchmarking studies – Market price comparisons.
• Invoices and payment records – Proof of pricing arrangements.

Risks of Skipping a TP Audit

If you skip a TP audit, you may face:

• Heavy FTA fines.
• Transfer pricing adjustments.
• Damaged business reputation.
• Higher scrutiny in future audits.

Best Practices for TP Audit Readiness

To stay ready for a TP audit, businesses should:

• Keep all documents updated annually.
• Maintain clear intercompany agreements.
• Use authentic market databases for benchmarking.
• Conduct internal reviews before official audits.
• Train staff on compliance requirements.

What Can Help – Mubarak Al Ketbi (MAK) Auditing

Mubarak Al Ketbi (MAK) Auditing provides TP audit Dubai services that cover compliance checks, OECD-based documentation, and FTA audit readiness. With our help, your business can face any tax inspection confidently because forewarned is forearmed.

For more information:

• Visit our office: Saraya Avenue Building – Office M-06, Block/A, Al Garhoud – Dubai – United Arab Emirates
• Contact/WhatsApp: +971 50 276 2132