TP Consultant Dubai Services Guide

TP Consultant Dubai – Professional Guidance for Transfer Pricing Compliance

TP consultant Dubai services help companies manage related party transactions in line with UAE corporate tax laws and OECD standards. In Dubai, any business that deals with connected entities must set fair prices and document them to meet Federal Tax Authority (FTA) rules.

Mubarak Al Ketbi (MAK) Auditing offers expert TP consultancy so businesses stay compliant, avoid penalties, and maintain transparency in tax reporting.

Role of a TP Consultant in UAE

A TP consultant helps a company:

  • Review transfer pricing arrangements.
  • Choose the right OECD-compliant pricing method.
  • Prepare Master and Local Files.
  • Conduct benchmarking studies.
  • Submit disclosures to the FTA.

Why Businesses in Dubai Need TP Consultants

Hiring a TP consultant is important because:

  • Compliance Risk – Non-compliance can lead to penalties.
  • Tax Accuracy – Proper pricing avoids adjustments.
  • Transparency – Good documentation builds trust.
  • Global Consistency – Aligns UAE reporting with international standards.

Key Services Offered by TP Consultants

Mubarak Al Ketbi (MAK) Auditing provides:

  • Transaction analysis to identify risk areas.
  • OECD method selection for fair pricing.
  • Master File preparation with group-level details.
  • Local File creation with UAE-specific data.
  • Benchmarking reports using market data.

OECD Transfer Pricing Methods

In UAE, TP consultants use OECD-approved methods like:

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

The right method depends on transaction type and data availability.

Transfer Pricing Documentation in UAE

A TP consultant ensures your company keeps:

  • Master File – Global structure and related party activities.
  • Local File – UAE transactions and pricing details.
  • Intercompany contracts – To prove agreed terms.
  • Benchmarking study – To justify pricing decisions.
  • Supporting invoices and payment proof.

Risks of Ignoring TP Compliance

Not working with a TP consultant can cause:

  • High FTA penalties.
  • Tax reassessments.
  • Increased audit exposure.
  • Loss of business reputation.

Best Practices for TP Compliance in Dubai

A good TP consultant recommends:

  • Annual reviews of related party pricing.
  • Clear written agreements.
  • Use of authentic databases for benchmarking.
  • Meeting all FTA deadlines.
  • Regular training for finance teams.

What Can Help – Mubarak Al Ketbi (MAK) Auditing

Mubarak Al Ketbi (MAK) Auditing provides TP consultant Dubai services that cover compliance, documentation, and OECD-based advisory. With us, you can handle FTA rules easily because, when it rains, it pours, but the right preparation keeps you safe.

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

FAQs TP Consultant Dubai Services Guide

Can a business claim VAT for a customer dinner?
No, VAT on dinners for customers or potential clients is non-recoverable.
What about staff lunches during meetings?
If the lunch is part of the normal meeting, VAT is recoverable.
Are staff parties or galas VAT-recoverable?
No, parties, celebrations, or entertainment events for staff are not VAT-recoverable.
Can I recover VAT on employee gifts?
You can't recover VAT on gifts if they are entertainment in nature, like festival gifts or retirement presents.
Who helps businesses with VAT compliance in Dubai?
Mubarak Al Ketbi (MAK) Auditing offers expert help for VAT registration, recovery, and compliance in Dubai.

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