Transfer Pricing Advisory Services in Singapore
Navigate Complex Related-Party Transactions with Confidence Ensure IRAS compliance, avoid penalties, and maintain profitability with expert transfer pricing advisory tailored to your business structure.
Connect With Us Now
What is Transfer Pricing & Why It Matters in Singapore
Transfer pricing is the method of pricing goods, services, and intellectual property exchanged between related entities, such as subsidiaries or sister companies. Under Singapore’s Income Tax Act Section 34F, maintaining proper transfer pricing documentation is mandatory for businesses meeting specific thresholds.
With IRAS intensifying scrutiny and enforcing penalties for non-compliance, getting your transfer pricing strategy right is not just important—it’s essential.
Transfer Pricing Services We Offer
We ensure your company meets mandatory TP documentation requirements under Section 34F of the Income Tax Act.
- Preparation of Local File and Master File
- Country-by-Country (CbCR) Reporting
- Functional, Asset, and Risk (FAR) analysis
- Benchmarking studies with arm’s length price support
- Documentation for routine support services and intercompany agreements
Be audit-ready and defend your TP strategy with confidence:
- Risk profiling and strategy mapping
- Drafting comprehensive audit responses
- Representation during IRAS field visits
- Post-audit compliance strategy and penalty risk mitigation
Align your pricing models with global standards:
- Arm’s length pricing methodology and comparability analysis
- Royalty and management fee benchmarking (DEMPE model)
- Cost contribution arrangements and intercompany loan pricing
- Advance Pricing Agreements (APAs) and Mutual Agreement Procedures (MAP)
Set It Right Before IRAS Asks
Secure your transfer pricing position with defensible documentation.
What Our Clients Are Saying
Mr Bok
Singapore
"Ivan and team is very responsive, and is able to give very all rounded advise surrounding my business expansion across the border. These guys are experts, no regrets taking a chance to speak with them on my banker's recommendation."
Mr C Zhao
Chengdu, China
" 我从朋友那里得到了一些关于新加坡的信息，但令我惊讶的是，之前提供的信息并非全部准确，尤其是来自所谓的新加坡专家的信息。
我最可怕的噩梦是 2-3 年后才意识到我一直在听从错误的建议，无法实现我的目标，浪费了时间。
Vivos 能够为我提供真实的情况和解决方案，以实现将我的贸易业务转移到新加坡的目标。这些都是长期解决方案，并确保我符合新加坡的规定
"
Ms Widjaja
Jakarta, Indonesia
"I've dealt with many corporate service providers over the years in Singapore, always a hit and miss situation.
Vivos is the only company that has been able to consistently provide a high level of service at a very reasonable price.
I'm looking to consolidate my companies under Vivos once they are up for annual renewals.
"
Ms Wei
Shanghai, China
"I highly recommend VIVOS for anyone considering business incorp in Singapore. Their team demonstrated exceptional professionalism throughout the entire process, offering prompt service and tailored solutions that suited our specific needs. Their in-depth knowledge of business regulations and industry requirements was instrumental in ensuring a smooth and efficient setup."
Mr Seetoh
Kuala Lumpur, Malaysia
"For those seeking reliable and efficient corporate services in Singapore, I would strongly recommend VIVOS. Their team combines extensive expertise with a highly personalized approach, ensuring that every aspect of business setup and compliance is handled professionally and promptly. Their knowledge of regulatory and licensing matters is extensive, and they provide bespoke solutions for every client."
Mr Lee
Seoul, South Korea
"I have had the pleasure of working with VIVOS, and I can confidently recommend their services. Their professionalism and attention to detail are unparalleled. From business incorporation to ongoing compliance, they offer a seamless, fast, and highly knowledgeable service. Their team is always available to address any concerns, and they provide thoughtful, customized solutions that address each client's unique needs."
Ms Nguyen
Ho Chi Minh, Vietnam
"I wholeheartedly recommend VIVOS to anyone looking for expert corporate services. Their team brings a wealth of knowledge across industries and regulatory matters, providing quick, efficient, and bespoke solutions for every client. Their approach is thorough, with a strong focus on client satisfaction, making them a valuable partner in business development and compliance."
Mr Lim
Penang, Malaysia
"VIVOS has been an invaluable partner throughout our business incorp in Singapore. Their team is incredibly knowledgeable, responsive, and always available to provide guidance. They took the time to understand our needs and offered tailored solutions, ensuring every step of the process was smooth and efficient."
Mr Wongphat
Bangkok, Thailand
"I would highly recommend VIVOS to anyone needing expert corporate services in Singapore. Their professionalism and attention to detail are exceptional. They provided clear guidance on regulatory matters and compliance, making the process seamless and worry-free. VIVOS truly stands out for their bespoke approach to client needs."
Ms Koh
Singapore
"The team at VIVOS is exceptional. They offer prompt and reliable services with a deep understanding of both local and international business regulations. Their approach is client-focused, ensuring you’re never left in the dark, and they provide expert support every step of the way."
Mr Ng
Singapore
"Working with VIVOS has been a great experience. Their team’s professionalism, industry knowledge, and quick turnaround time were key factors in making our business setup in Singapore smooth and efficient. I have no hesitation in recommending them for anyone seeking top-tier corporate services."
Frequently Asked
Questions
-
What is transfer pricing documentation, and is it mandatory in Singapore?
Transfer pricing documentation shows how a company determines prices for transactions with related parties. It’s mandatory under Section 34F if your revenue exceeds S$10M or IRAS has previously required documentation.
-
How do I apply the arm’s-length principle in my transfer pricing?
Singapore follows a 3-step IRAS-recommended process: comparability analysis, method selection, and result validation. We help implement this and support it with benchmarking.
-
What is the penalty for not having TP documentation?
Failure to comply with TP documentation requirements can result in fines of up to S$10,000, additional tax payable, and a 5% surcharge on IRAS’s adjustments.
-
Can I rely on group-wide transfer pricing policies?
No. Even if the group has global TP documentation, the Singapore entity must ensure local compliance and ensure that relevant information is contextualised for IRAS.
-
When is an Advance Pricing Agreement (APA) applicable?
APAs are helpful when businesses seek certainty in pricing complex related-party transactions. They reduce future disputes and tax risks across jurisdictions.
Contact To Your Growth Partner
