Let our experts handle your group's transfer pricing documentation!
Our focus is on your business!
Choose the safe choice and entrust us with the preparation of your transfer pricing documentation!
More than 200 companies have already chosen our services.
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We know your challenges
We will be truly strategic partners in the future!
Find out what challenges are typically faced by the companies we can help.
Avoid a multi-million fine!
The absence or inaccuracy of transfer pricing documentation may result in significant fines.From 2022, certain transfer pricing data must be included in corporate tax returns, failure to do so may result in a HUF 5 million fine per transaction. This could result in a fine of €20 million for every 4 transactions.
Do you know if you are obliged?
If you are unsure, we will check it for you. Companies with more than 50 employees, or with a turnover or balance sheet total of more than €10 million on the last day of the tax year.From the financial year 2022, the documentation obligation applies to transactions within the group worth more than €100 million.
Unsure about the connectivity?
With decades of experience and comprehensive knowledge of the law, our experts can determine whether a relationship exists between your company(ies), which forms the basis of the transfer pricing documentation. Don't be left in doubt or risk a substantial fine.
Want to be sure of your transfer pricing obligations?
With years of experience, liability insurance and effective communication, we ensure that you will fully comply with your transfer pricing documentation obligations.
We can help you achieve your goals
How can we help?
Complete transfer pricing documentation (Master document - Master file - and Local document - Local file)
Transfer pricing documentation update
Examination of connectivity relationships
Examination of liability
Professional support in administrative enquiries
Transfer pricing consultancy
We understand your needs!
Why should you choose us?
Experience and expertise
years of professional experience and international insight into transfer pricing regulations. Our experts are transfer pricing specialists, so you can focus on your core business and we will prepare all the documentation.
Comprehensive range of services
We cover all steps from preliminary analysis to documentation and support for tax authority audits. Whether it is updating/updating documents or preparing them.
Reliability
We carry out our work with the utmost care and precision, ensuring transparency and compliance with the law. Our clients can be confident that all our documents comply with local and international regulations and are produced to the highest possible standards. We keep you up to date at every stage of the process through ongoing communication and regular reports.
Data protection
We handle your financial and personal data securely and reliably and comply with data protection regulations. Our in-house IT experts guarantee your data security.
Customized solution
Every business is unique, so we tailor our services to your needs. We will conduct a detailed analysis to understand your company's specific needs, and use this to develop the most appropriate transfer pricing strategy and documentation. We guarantee that the documentation will always accurately reflect your business and market environment.
English language skills
Our experts can provide English-language communication and documentation on request. We are also happy to liaise with the management of your foreign parent company.
Details
Leave the transfer pricing documentation to experienced experts!
Whether you need full documentation, updating, review, cocktail analysis or transfer pricing advice, our experts are at your disposal.
Choose safety!
Tasks
How we will work for you
Project kick-off consultation
The first step is a consultation meeting where we will get to know your business, your business model and your transfer pricing needs. At this meeting, we will go over the necessary documents and data, and set a timeframe for the project.
Data collection and analysis
After the consultation, we will start collecting data. We will ask you for financial data, contracts, pricing documents and other relevant information. This data will be analysed thoroughly to get an accurate picture of your company's internal transactions and market position.
Benchmark analysis
Based on the data we collect, we perform a benchmark analysis comparing your company's transactions with market averages. This will help you determine whether the prices your company is charging are in line with normal market prices. The analysis takes into account industry specificities and the latest market data.
Preparation of documentation
We use the results of the benchmark analysis to prepare transfer pricing documentation. This will include all the necessary analysis and justification to support the prices applied by the company. The documentation will be reviewed and, if necessary, modified based on your feedback.
Internal audit and quality control
Before we hand over the final documentation to you, we will conduct an internal audit to ensure the accuracy and compliance of the document. This step ensures that all aspects of the documentation comply with local and international standards.
Transfer of documentation
After the audit, we will provide you with the final transfer pricing documentation. If required, we will give you a presentation of the document and answer any questions you may have.
Ongoing support and updates:
We won't leave you alone even after the documentation has been handed over. We provide ongoing support to ensure that the documentation is up-to-date and compliant with changing legislation. We also offer annual reviews and updates to ensure your business is always prepared.
Tax administration audit support
We provide full support in the event of an audit by the tax authorities. We can help you communicate with the authorities, prepare your data and answer any questions you may have to minimise the risks of an audit.
Learn more about our Company!
Our Group in numbers
175+
Professionals in our group
50+
Professional publication per year
15+
Years professional experience
350+
Satisfied clientels
Contact
Contact us!
Our colleagues in 24 hours will provide you with further details.
91-93. Budafoki út, Budapest, 1117
IP West Office Building 4th Floor
Testimonials
Our clients said
Tax optimization
Having calmly read through your tax adviser's opinion last night, I think it is very well put together and to the point. I also had a call from our lawyer who also read the material and said: yes, that is exactly what I wanted, a clear, well summarised opinion that answers all the questions.
Enikő Bakó
CEO - Pan–Italia Kft.
Accounting
We chose ICT as our accountancy firm 7 years ago, we were welcomed by a professional team and the transition was smooth. Their professionalism, reliability and excellent communication have made this a balanced and harmonious partnership, whether it be for labour, payroll, accounting or tax. We work together in perfect harmony and seamlessly. As we operate a paperless office, we are happy to use the online system to upload documents, which supports our work with a wide range of statements and planning options.
Judit Bóna
CEO - Com-Forth Ipari Informatikai Kft.
General ledger
We switched from the risk of a small accountancy firm to the security of a professional accountancy firm. They created a structured order. They created security for accounting data. They anticipate the potential tax risks and tax benefits of each transaction. They provide fast and professional assistance in dealing with the tax authorities.
Róbert Kolonics
CFO - MICRO-TOP Kft.
Accounting
As a manager of a small business, I would never have imagined that "accounting" as a service could be run professionally, with responsibility! But I found what I thought did not exist!
Gábor Majoros
CEO - Enertech Hungária Kft.
Complex services
I like to work with you because, despite the fact that our company is not a simple structure (parent company in a 3rd country with a branch in another member state) and has a diverse supplier and customer base (domestic, EU and 3rd country), you are prepared, communicative, legally sound and up-to-date in your accounting tasks. It is a pleasure for me to be able to sit back and concentrate on other professional or managerial tasks!
Enrico Mák
CEO - Merico Zrt.
Complex services
Looking back on several years of successful and fruitful cooperation with ICT, I can confidently say that every day we confirm that it was the best decision to entrust our accounting, payroll and other consulting tasks to this team. The precise, accurate and comprehensive expertise that is concentrated in ICT is, for me, exemplary and respectable, and has been confirmed by many partners besides us. No doubt, we will continue to work with the ICT team in the future!
Bálint Farkas
CEO - Geodézia Zrt.
More services
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FAQ
Frequently Asked Questions
We've been providing tax advice for over a decade, and we've worked with over 100 companies, so many questions have come up. We've put together the most important ones so you don't have to, and to make our service completely transparent.
Transfer price is the price applied between related enterprises for goods, services, intangible assets or financial transactions. Transfer prices are designed to ensure that transactions between companies are at market prices and meet the expectations of the tax authorities.
Transfer pricing documentation is mandatory for related companies and is designed to demonstrate that transactions are at arm's length. Failure to do so may result in a fine by the tax authorities and a tax base adjustment.
If a company does not apply transfer pricing correctly or does not prepare the necessary documentation, it can face heavy fines, tax base adjustments and other penalties. In addition, the risk of being audited by the tax authorities increases.
Transfer pricing documentation should be updated annually to reflect current market conditions and legal requirements. If there is a significant change in the life of the company, the documentation must be updated immediately.
ICT Europe's experts can help you prepare transfer pricing documentation, ensure it complies with legislation and ensure that your company is exposed to as little risk as possible. We also advise on the optimal transfer pricing policy.
