News Alert:

Avoid AED 10,000 penalty by registering for Corporate Tax today!

Master File Compliance

Have your registered for Corporate Tax yet? Avoid AED 10,000 penalty by registering for Corporate Tax today!

Master File Compliance and Advisory

The Master File is a key international tax document and one of three tiers for Transfer Pricing documentation required for Multinational Enterprises (MNEs) as laid down by the OECD’s Base Erosion and Profit Shifting (BEPS) Action Point 13 framework to counter tax evasion. The Master File contains standardized information for all MNE group members. It provides a general overview of the MNE group’s business including all intra group pricing arrangements in global financial, legal and tax terms. The Master File is related to the heart of the international tax system and hence vitally important for MNE businesses.

At MBG Corporate Services, our direct tax experts help you with Master File compliance through:

  • Understanding the business model to comply with the applicable regulations
  • Advisory on the provisions of the respective country MF regulations and OECD Guidance
  • Assistance in compiling data for reporting
  • Gap analysis with other tax and related regulations
  • Identifying and addressing the risks
  • Discussion with Management
  • Assistance in filing of Master File

Explore more International & GCC Taxation services:

Tax Retention Advisory (KWT QAT)

Royalty and Fee for Technical Services (FTS) under DTAAs

Dividend Interest Advisory under DTAAs

Zakat Advisory

Global Mobility and HR Tax

Digital Tax Advisory

Family Trust Set up Advisory

Structuring Advisory

CbCR filing & advisory

What can we help you achieve?

Stay one step ahead in a rapidly changing world and build a sustainable future with us.

Get a quote
Open chat
Hello
Can we help you?