Transfer pricing – manage group transactions in compliance with regulations

Transfer pricing is one of the most complex areas of tax law, especially for capital group companies. The rules on related-party settlements are strictly regulated and their improper application can lead to financial penalties and disputes with the tax authorities. EFEKTA Accounting Office offers comprehensive transfer pricing support, helping businesses to remain compliant and optimise intra-group transactions.

What is transfer pricing?

Transfer pricing is the pricing used in transactions between related parties, i.e., for example, companies within the same capital group. Their aim is to establish the value of the transaction in a manner comparable to market conditions. These transactions may include, but are not limited to:

• Deliveries of goods and services;
• Transfer of licences and copyrights;
• Financial settlements, such as loans or guarantees.

Compliance with transfer pricing regulations is particularly important to avoid being challenged by the tax authorities.

Why is transfer pricing important?

1. Documentation obligation
   Companies carrying out related party transactions must prepare transfer pricing documentation, especially if they exceed the thresholds set out in the legislation.
2. Risk of tax and financial penalties
   Incorrect transfer pricing or lack of documentation can lead to tax adjustments and penalties.
3. Regulatory complexity
   Poland’s transfer pricing law follows OECD guidelines, but also introduces local requirements that must be met.
4. Tax optimisation
   Proper transfer pricing can help to effectively manage the tax burden within a capital group.

Our transfer pricing services

At EFEKTA, we offer comprehensive support in transfer pricing management, tailored to your company’s specific needs. Our services include:

1. Preparation of transfer pricing documentation (TPR)
   We prepare local and master file in accordance with applicable regulations and OECD guidelines.
2. Benchmarking
   We conduct benchmarking that confirms that the prices used in intra-group transactions comply with the arm’s length principle.
3. Transfer pricing planning and optimisation
   We help you to establish a related-party settlement strategy that is both compliant and tax-advantaged at the same time.
4. Verification of contracts between related parties
   We analyse existing contracts for compliance with transfer pricing regulations.
5. Support in tax proceedings and audits
   We represent your company during transfer pricing audits, prepare explanations and defend your interests.
6. Training for the management
   We offer training for companies on transfer pricing obligations and their impact on company operations.

When is it worth using our services?

Our services are aimed at companies that:

• Carry out transactions with related parties within capital groups;
• Have transactions in excess of the limits that require the preparation of transfer pricing documentation;
• Want to make sure that the prices used are in line with the arms’ length principle;
• Are preparing for a tax audit or a dispute with the tax authorities;
• Are looking for support in optimising the group’s tax burden.

Benefits from cooperation with EFEKTA

1. Experience and expertise
   Our team is made up of specialists with many years of experience in transfer pricing service, who are familiar with the specifics of various industries.
2. Comprehensive approach
   We combine tax, financial and legal expertise to provide full support in managing intra-group transactions.
3. Minimising tax risks
   We ensure that your documentation complies with regulations, eliminating the risk of tax adjustments and penalties.
4. Individual solutions
   We tailor our services to the specifics of your business and the nature of the transaction.
5. Representation before the authorities
   We protect your interests during audits and tax proceedings, providing peace of mind and security.

Manage transfer pricing with confidence

With the services of EFEKTA, you will be assured that your intra-group transactions are compliant and your documentation meets all legal requirements. Benefit from our experience and let us take care of the safety and tax optimisation of your business.

Contact us today to find out more about our services. Make an appointment for a free consultation and see how we can help you manage transfer pricing.

EFEKTA – your partner in transfer pricing.