.

Streamline Your Pricing Transactions in the Philippines

Manila Bookkeepers Helps Guarantee The Fair Prices of Local and Foreign Enterprises According To The Local Government Regulations

TALK TO US

Our Transfer Pricing Services

At Manila Bookkeepers, we help local subsidiaries of multinational companies determine the price of their goods, services, or intellectual properties between countries. This process is crucial for fair taxation, ensuring each unit is taxed appropriately based on its economic contribution. Our transfer pricing services include a broad range of offerings designed to support your business at every stage of the pricing process.

Our services include:

Review of Existing Policies and Processes

We assess how transactions between affiliated entities are priced. In turn, we recommend adjustments or improvements to enhance efficiency and address identified issues.

Preparation of Documentation and Attachments

Our firm updates your company’s transfer pricing documentation, ensuring compliance with local regulations.

Comparability Analysis and Benchmarking

Manila Bookkeepers evaluates and compares your company’s transactions with companies in the same industry.

Transfer Systems and Methods Selection

After evaluating your company’s current methods, we select the most suitable transfer pricing systems for each type of transaction.

Preparation of Intercompany Contracts and Agreements

We assist in reviewing, drafting, and restructuring agreements to ensure that your company’s transfer pricing policies align with local regulations.

Interested in any of these transfer pricing services? Let’s talk about it!

CONTACT US

How Transfer Pricing Works

Understanding the Arm’s Length Principle

The Arm’s Length Principle is considered the cornerstone of transfer pricing. The concept guarantees that businesses set prices for transactions between related companies as if they were unrelated entities. This principle aims to prevent businesses from manipulating prices to shift profits across borders, thereby reducing or avoiding tax liabilities. Additionally, it protects companies from double taxation, ensuring that transactions are fairly taxed in both the Philippines and other jurisdictions involved.

An Overview of Transfer Pricing Methods

There are multiple methods to align your company’s prices with the arm’s length principle. The choice depends on the nature of transactions and the availability of comparable data in the market. Some enterprises often use combinations to attain a more reliable transfer pricing strategy.

\

Resale Price Method (RPM)

When a company buys a product from another to resell, this method is employed. It involves setting the transfer price based on a percentage markup on the product’s resale price.

\

Profit Split Method (PSM)

In this method, related entities allocate profits based on their respective contribution to the value creation. This is typically employed when multiple entities collaborate on a product or service.

\

Cost Plus Method (CPM)

The transfer price is determined by adding markup to the value of a product or service by considering the cost of production.

\

Comparable Uncontrollable Price (CUP) Method

CUP method involves comparing the price of a product or service between related parties with the price in the open market.

\

Transactional Net Margin Method (TNMM)

This determines the transfer price by comparing the net profit margin of a related party with the net profit margin of competitors in similar transactions.

How to Get Started

STEP 1
STEP 1

Choose A Package

Select a package that fits your needs. We assist in reviewing current policies, preparing documentation, conducting comparative analysis, and restructuring contracts and agreements.
STEP 2
STEP 2

Contact Us

Reach out via email or message. Our experienced team is ready to answer your questions and provide effective solutions for your business registration needs in the Philippines.

STEP 3
STEP 3

Connect Virtually

Connect with our team online to discuss your specific requirements, standards, and expectations.

STEP 4
STEP 4

Sign Up and Engage

Once you’re ready, sign up with Manila Bookkeepers, and let’s start the journey of establishing your business presence in the Philippines.
START NOW

Our Commitment to Excellence

Decades of Industry Experience

With over two decades of experience in finance and accounting, Manila Bookkeepers brings unparalleled expertise to your financial management and transfer pricing service needs. We understand the complexities involved in transfer pricing Philippines and have the experience necessary to guide your business to compliance and success.

Trusted Local Tax Compliance Partner

Recognized as a trusted business partner in the Philippines, we specialize in local tax compliance services, ensuring our clients’ accuracy and peace of mind. Our transfer pricing services are designed to help businesses navigate the intricacies of local tax laws, reducing the risk of audits and penalties.

Success Stories

Learn how our tax services have helped businesses thrive in the Philippines.

Stellar Service: I have had the pleasure of working with Manila Bookkeepers for their accounting services, and I must say, my experience was nothing short of exceptional. Expertise and Knowledge: Manila Bookkeeper's team comprises seasoned professionals who possess extensive knowledge in accounting principles and practices. Efficiency and Timeliness: One of the standout qualities of Manila Bookkeeper's is their efficiency and timeliness. Communication and Transparency: Effective communication is ...
Read More
Peter McLoughlin
Chief Finance Officer, Sharesource Australia BPO Corporation
Stellar Service: I have had the pleasure of working with Manila Bookkeepers for their accounting services, and I must say, my experience was nothing short of exceptional. Expertise and Knowledge: Manila Bookkeeper's team comprises seasoned professionals who possess extensive knowledge in accounting principles and practices. Efficiency and Timeliness: One of the standout qualities of Manila Bookkeeper's is their efficiency and timeliness. Communication and Transparency: Effective communication is key when working with an external accounting firm, and Manila Bookkeeper's excelled in this aspect. Personalized Approach: What sets Manila Bookkeepers apart is their personalized approach to client service. They didn't just treat Sharesource as another account; instead, they took the time to understand our unique circumstances and goals. Overall, my experience with Manila Bookkeepers exceeded all expectations. Their professionalism, expertise, and unwavering commitment to client satisfaction make them a standout choice for anyone seeking top-notch accounting services.
Peter McLoughlin
Chief Finance Officer, Sharesource Australia BPO Corporation
Manila Bookkeepers has been providing outstanding services to Blackmores Philippines Inc in maintaining its financial records, ensuring tax compliance, and supporting its external audits.
Blackmores PH
Manila Bookkeepers has been providing outstanding services to Blackmores Philippines Inc in maintaining its financial records, ensuring tax compliance, and supporting its external audits.
Blackmores PH

work with us

Go beyond borders and outsource to the Philippines. With more than a decade of experience in the industry, our team of trusted and experienced accountants will guide you through the entire process.

GET IN TOUCH

Advantages of Transfer Pricing

When dealing with a new market, professionals can help you navigate through the complexities and ensure fair prices based on the product’s economic distribution.

Competitive Advantage

When your company has sound transfer pricing strategies, you can have an edge for customers, investors, and other stakeholders. You can generate higher profits and position your company in the global market.

Enhanced internal transparency and coordination

Transfer pricing can ensure that all of your departments maintain consistent values for your products. Moreover, it encourages collaboration between different units within your enterprise.

Income tax and duty cost reduction

Since transfer pricing allows departments to offer products at a lower rate, it’s also reflected in the overall cost of the product. In turn, this leads to more competitive values and balanced profits.

Risk mitigation

Experts can look into your existing policies and identify potential risks. When you consider transfer pricing, you can make strides to address concerns and avoid the risk of penalties or disputes.

Legal compliance

Adopting sound transfer pricing practices ensures that you abide with the local tax laws and regulations. This reduces the likelihood of your company to be involved in legal challenges with tax authorities.

Improved Cash Flow Management

Effective transfer pricing strategies can optimize cash flow by strategically allocating profits to areas with favorable tax conditions, ensuring better liquidity and financial stability.

Why Outsource Management Accounting to the  Philippines

Here’s why outsourcing your management accounting to the Philippines is a great idea:

Expertise in Local and Global Markets

We bring a deep understanding of both Philippine regulations and international markets, ensuring your transfer pricing strategies are compliant and globally aligned.

Proactive Risk Management

We identify and address potential risks early, helping you avoid costly penalties and ensuring smooth operations with tax authorities.

Long-Term Success Focus

Our strategies are designed for sustained success, adapting to regulatory changes and market shifts to keep your business ahead.

Tailored Solutions

Every business is unique, so we offer customized transfer pricing strategies that fit your specific needs, whether you’re a small enterprise or a large multinational.

Comprehensive Support

From consultation to implementation and ongoing monitoring, we provide full support to keep your transfer pricing effective and compliant.

Let Manila Bookkeepers Help You with Your Transfer Pricing Needs

Want to find a trusted partner for your global business in the Philippines? Manila Bookkeepers can assist you in complying with local tax rules and regulations. With our 20 years of experience, we provide expert guidance and support for all your transfer pricing services.

Apart from providing transfer pricing solutions, we can help with your other accounting concerns. Let’s work together to ensure the efficiency and compliance of your business in the Philippines!

CONNECT NOW
Check Out What We Offer
Accounting Services

This includes account supervision, financial reporting, and bookkeeping for effective financial management.

Tax Services

Expert assistance in tax planning and compliance, ensuring you meet all regulatory requirements.

CFO Services

High-level financial strategy and management services for your business's growth.

Management Accounting Services

Tailored management accounting solutions to help you make informed business decisions.

PEZA/BOI Registration

Expertise in registering with the Philippine Economic Zone Authority and Board of Investments.

Transfer Pricing Services

Navigating complex transfer pricing regulations to optimize your tax position.