Entrust the preparation of your company’s Transfer Pricing Documentation to our experts
Your business is our focus!
Did you know that missing or inaccurate transfer pricing documentation can result in fines amounting to several million forints? Entrust the preparation of your company’s transfer pricing documentation to our experts, so you can focus on what truly matters: the success of your business.
More than 200 companies have already chosen our services.
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Please note:
At present, we are unable to accept sole proprietorships, as our services are primarily tailored to corporate entities. Thank you for your understanding.
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Avoid multi-million fines
Missing or inaccurate transfer pricing documentation may result in significant penalties. Since 2022, certain transfer pricing data must be disclosed in the corporate income tax return. Failure to do so may result in a fine of HUF 5 million per transaction. This means that in the case of four transactions, penalties may reach HUF 20 million.
Are you unsure whether you are subject to transfer pricing obligations?
Not sure whether your company is affected? We will assess it for you. Companies are required to prepare transfer pricing documentation if, on the last day of the tax year, the group headcount exceeds 50 employees, or if revenue or total assets exceed EUR 10 million. From the 2022 financial year onwards, the documentation obligation also applies to intra-group transactions exceeding HUF 100 million.
Uncertain about related-party status? What does a related-party relationship mean?
A related-party relationship exists when two or more companies are connected through legal or economic ties that allow one party to influence the business decisions of another.
This may occur, for example, through:
- Ownership links, where one company holds a majority stake in another
- Control rights, where one entity directly or indirectly manages another
- Common management, where the same individual or group manages multiple companies
Identifying related-party relationships is crucial for transfer pricing purposes, as transactions between related parties must comply with the arm’s length principle to avoid tax authority sanctions.
Our experts, backed by decades of experience and in-depth regulatory knowledge, will determine whether related-party relationships exist between your entities — forming the foundation of compliant transfer pricing documentation. Do not risk penalties — we help you clarify your obligations.
Would you like to ensure your transfer pricing obligations are fully under control?
With years of experience, professional liability insurance and clear, efficient communication, we ensure that your company fully complies with all transfer pricing documentation requirements — with no uncertainty or unnecessary risk.
You can rely on us to achieve your goals
How can we support you?
Preparation of full-scope Transfer Pricing Documentation (Master File and Local File)
Update of existing transfer pricing documentation
Review and assessment of related-party relationships
Transfer pricing obligation assessment
Professional support during tax authority audits
Transfer pricing advisory services
We understand your challenges
Why choose us?
Proven experience and focused expertise
We have many years of professional experience and international insight into transfer pricing regulations. Our experts are specialists dedicated exclusively to transfer pricing, allowing you to focus on your core business while we take care of the complete documentation process.
End-to-end support in transfer pricing documentation
From preliminary analysis through documentation preparation to support during tax audits, you can rely on us at every stage. Whether you need a new documentation package or an update of existing materials, we provide comprehensive professional support.
Reliability you can trust
We work with the highest level of precision and care, ensuring transparency and full regulatory compliance. Our clients can rely on documentation that meets both local and international requirements and is prepared to the highest professional standards. Continuous communication and regular updates keep you informed throughout the entire process.
Data security
We handle financial and personal data securely and in full compliance with data protection regulations. Our in-house IT professionals ensure the highest level of data security for your business.
Tailored solutions
Every business is unique — therefore, our services are fully customised to your needs. We conduct a detailed analysis to understand your company’s specific requirements and develop the most appropriate transfer pricing strategy and documentation accordingly. We ensure that the documentation accurately reflects your business activities and market environment.
International support — in English
Upon request, our experts provide full English-language communication and documentation, and we are happy to liaise directly with foreign parent company management.
Details
Entrust your transfer pricing obligations to experienced professionals
Preparing transfer pricing documentation is a complex and time-consuming task requiring precision and up-to-date regulatory knowledge. Our experienced experts provide comprehensive support — from preparing new documentation to reviewing and updating existing materials. We also assist with risk assessments and transfer pricing advisory services to ensure full compliance and help you avoid penalties. Leave the details to us.
Choose safety!
Tasks
How we work with you
Project kick-off meeting
The process begins with a consultation where we gain an in-depth understanding of your business operations, business model and transfer pricing needs. We review required documentation and data and define the project timeline.
Data collection and analysis
Following the consultation, we collect financial data, contracts, pricing documentation and other relevant information. These are analysed thoroughly to gain a clear understanding of your internal transactions and market position.
Benchmark analysis
Based on the collected data, we perform a benchmark analysis comparing your transactions with market standards. This determines whether applied prices comply with the arm’s length principle, taking into account industry-specific characteristics and the latest market data.
Documentation preparation
Using the results of the benchmark analysis, we prepare the full transfer pricing documentation, including all required analyses and justifications. The draft documentation is reviewed and refined based on your feedback.
Internal audit and quality control
Before final delivery, we conduct an internal audit to ensure accuracy and regulatory compliance. This step guarantees alignment with both local and international requirements.
Delivery of documentation
Following the audit, we deliver the final transfer pricing documentation. Upon request, we present the documentation and answer any questions you may have.
Ongoing support and updates
Our support does not end with delivery. We provide continuous assistance to ensure your documentation remains up to date and compliant with changing regulations. Annual reviews and updates are available to keep your business prepared at all times.
Support during tax authority audits
In the event of a tax audit, we provide full professional support, assisting with communication with the authorities, data preparation and responses to inquiries — minimizing audit risks.
Learn more about our Company!
Our Group in numbers
175+
Experts
50+
Professional publication per year
15+
Years of professional experience
350+
Satisfied clients
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Our colleagues in 24 hours will provide you with further details.
91-93. Budafoki street, Budapest, 1117
IP West Office Building 4th Floor
Contact us!
Please note:
At present, we are unable to accept sole proprietorships, as our services are primarily tailored to corporate entities. Thank you for your understanding.
Testimonials
Our clients said
Tax optimization
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.
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FAQ
FAQ
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.
What is transfer pricing?
Transfer pricing refers to prices applied in transactions between related parties involving goods, services, intangible assets or financial transactions. Its purpose is to ensure transactions are conducted at arm’s length and meet tax authority expectations.
Why is transfer pricing documentation important?
Transfer pricing documentation is mandatory for related parties and serves to demonstrate that transactions comply with market pricing. Without it, tax authorities may impose penalties and adjust the tax base.
What are the consequences of incorrect transfer pricing?
Incorrect transfer pricing or missing documentation may result in substantial fines, tax base adjustments and additional sanctions, while also increasing the likelihood of tax authority audits.
How often must transfer pricing documentation be updated?
Transfer pricing documentation must be updated annually to reflect current market conditions and regulatory requirements. Significant business changes require immediate updates.
How does ICT Európa support transfer pricing compliance?
ICT Európa’s experts prepare compliant transfer pricing documentation, ensure regulatory alignment and minimize your company’s risk exposure. We also provide advisory services for developing optimal transfer pricing policies.