Expert Master File Services Customized to Your Situation

The UAE is a member of the BEPS (Base Erosion and Profit Shifting) inclusive framework. Under the BEPS Action Plan 13, there are specific requirements for Transfer Pricing documentation. To meet these requirements, the OECD has defined a set of standards, and maintaining a Master File is one such standardized approach.

The Master File provides a comprehensive overview of your organizational structure, operational footprint, intangibles, and intercompany financials. It is essential for tax authorities to assess policies related to cross-border transaction pricing.

Smart Business Creation assists businesses with Master File maintenance to ensure compliance and avoid any compliance-related issues. We provide expert advisory on Master File guidelines in line with various countries’ requirements.

Our Master File specialists also help with data compilation for group operations, pricing frameworks, intra-group flows, and more. Our experienced consultants conduct a gap analysis between OECD BEPS Action Plan 13 and local regulations to ensure you remain compliant.

Who Needs to Maintain a Master File?

In the UAE, businesses are required to maintain a Master File if they meet any of the following criteria:

• Companies with annual revenues of AED 200 million or more.
• Companies that are part of a multinational entity with a combined turnover of AED 3.15 billion or more.

Additionally, associated enterprises, subsidiaries, and related party engagements may also need to comply with Master File requirements.

Smart Business Creation can help determine your eligibility and guide you through the process based on your specific situation.

Multi-Country Master File Management by Smart Business Creation

For businesses that meet the criteria, maintaining a Master File is critical to ensure compliance. Given the complexity of maintaining accurate data in the Master File, it is important to seek expert guidance.

At Smart Business Creation, our seasoned tax professionals leverage their technical expertise and understanding of international tax laws to provide comprehensive support. We help you manage and file your Master File in line with BEPS Action Plan 13.

Our services help you stay compliant, ensuring smooth and risk-free cross-border operations.

Our Master File Services Include:

• Risk evaluation in cross-border transactions.
• Filing assistance to ensure compliance with local and international regulations.
• Documentation support based on your operational jurisdiction.
• Intercompany transaction analysis to maintain transparency.
• Risk identification and elimination using a data-driven approach.
• Maintaining compliance across multiple countries with coordinated filings and reporting.
• Providing constant updates on changes to Master File requirements or tax laws.

As your compliance partner, Smart Business Creation ensures you can scale globally with seamless cross-border operations and transactions. We are here to help you manage your Master File effectively and stay compliant.

Connect with Smart Business Creation today for expert assistance with Master File review and management to support your global expansion.