OUR SERVICES
As Cyprus tightens its transfer pricing framework, groups with cross-border transactions must ensure that pricing and documentation meet local expectations. Our transfer pricing services help you comply while keeping structures practical and aligned with your commercial reality.
When Transfer Pricing Rules Apply
We assess whether your Cyprus entities fall within transfer pricing rules in Cyprus, taking into account transaction types, volumes and relationships.
Types of Transactions Covered
Our work covers management fees, financing, royalties, services, distribution margins and cost-sharing arrangements. We align pricing with your global transfer pricing policy while addressing local constraints.
DOCUMENTATION
Master File & Local File Requirements
We support the preparation of Cyprus master file requirements and local files, including functional analyses, benchmarking and documentation of intercompany agreements.
Functional Analyses
Detailed analysis of functions performed, risks assumed, and assets used
Benchmarking
Market comparables and arm's length pricing analysis
Intercompany Agreements
Documentation of all related party contracts
Master & Local Files
Cyprus master file requirements and local files preparation
Risk Management & Rulings
Where appropriate, we can explore advance rulings, APAs or other mechanisms to provide certainty. We also assist with audits, queries and disputes related to transfer pricing in Cyprus.
Certainty & Protection
Advance rulings and APAs provide certainty for your cross-border arrangements
Integration with Tax and Accounting
Transfer pricing must be reflected consistently in contracts, invoices and financial statements. We coordinate with our international tax advisory and accounting teams so that implementation is smooth.
Contracts
Invoices
Financial statements
Free initial consultation
Response within 24 hours
No obligation
Aqualis, based in Cyprus, is an independent firm of Chartered Accountants and a practicing member of ICPAC and ICAEW.
We offer expert tax, advisory and audit services with integrity and innovation, delivering tailored solutions for the dynamic international markets and guiding businesses.