Transfer Pricing

What measures the businesses in the UAE should take now on the introduction of Transfer Pricing

Location: Dubai Chamber of Commerce
Date: Monday, 17th October 2022, 9:00 AM
Event Type: Conference
Language: English


    In line with its commitment to International Standards, the G20 and the Organization for Economic Co-operation and Development (the ‘OECD’) initiatives on Base Erosion and Profit Shifting (‘BEPS’), the UAE has joined the Inclusive Framework on BEPS program to become the 116th jurisdiction to this framework.

    In April 2022, the UAE Ministry of Finance (‘MoF’) released a Public Consultation Document containing framework of corporate tax and transfer pricing regulations, which was followed by the FAQs released in January 2022. These regulations will be effective from financial years commencing on or after 1 June 2023.

    Considering that the Corporate Tax would impact the way the businesses conduct themselves in the UAE, it is now essential that businesses look into their current ownership structure and supply chain to optimise tax cost and commercial viability.

    Topics to be covered:

    • Introduction to Transfer Pricing & BEPS
    • What is Transfer Pricing?
    • Trigger of Transfer Pricing
    • GCC Scenario
    • Why Transfer Pricing is relevant in the UAE now?
    • What is Corporate Tax and why it is introduced now in the UAE?
    • Key elements of Corporate Tax in the UAE
    • Key aspects related to Transfer Pricing
      • Related Party
      • Connected Person
      • Arm’s Length Price
    • Functional Analysis
    • Economic Analysis
    • Documentation
    • Transfer Pricing – its impact on your business
    • Preparedness and way forward

    Who should attend??

    • ICC UAE Members,
    • Business Owners
    • Directors, CEOs and CFOs
    • Tax heads
    • Lawyers & Legal Professionals





    9:00 – 9:30 Registration
    9:30 – 9:35 Opening Remarks
    Vincent O'Brien, Director, ICC UAE
    9:35 – 9:45 Keynote Remarks
    Nadia Abdul Aziz, Chair, ICC UAE Commission on
    Customs & Trade Facilitation
    9:45 – 11:00 Transfer Pricing
    CA. Manu Palerichal, CEO & Founding Partner,
    Emirates Chartered Accountants Group

    CA. Manoj Agarwal, BCOM, MBA (Finance), AGM
    Finance, Dabur International Ltd.
    11:00 – 11:10 Closing Remarks
    Samir Ahmed Shahid, Partner, Alliott Hadi Shahid
    Chartered Accountants
    11:10 – 12:00 Networking


    Nadia Abdul Aziz
    Chair, ICC UAE Commission on
    Customs & Trade Facilitation


    CA. Manoj Agarwal
    BCOM, MBA (Finance)
    AGM Finance, Dabur International Ltd.


    CA. Manu Palerichal
    CEO & Founding Partner
    Emirates Chartered Accountants Group


    Samir Ahmed Shahid
    Partner, Alliott Hadi Shahid
    Chartered Accountants


    Logistical Notes

    Date: 17th October 2022
    Start Time: 9:00 AM (UAE TIME)
    Venue: 13th Floor, Dubai Chamber of Commerce


    The event is free of charge. However, registration is compulsory.





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