An Inter-Company Agreement (ICA) is one important piece of evidence to prove that the related parties are conducting themselves akin to independent parties transacting the same. A properly drafted and signed ICA indicates strongly to Tax Authorities that the related parties are prepared to assume the allocated contractual risks even before the risk arises just as independent parties do the same. The ICA defines, delineates the controlled transactions, and spell out the terms and conditions to which both parties have agreed to in accordance with what is written in the Contemporaneous Transfer Pricing Documentation (CTPD).
We have available ICA templates for ease-of-use, according to various types of intra-group transactions.
In Malaysia, transfer pricing regulations have become increasingly stringent, emphasizing the importance of contemporaneous transfer pricing documentation and well-structured intercompany agreements.
This documentation should include detailed information about related party transactions, pricing methodologies, and economic analyses. Intercompany agreements play a crucial role in supporting transfer pricing positions, providing a legal framework for transactions between related entities.
Our templates cover a few controlled transactions.
We believe these templates can be beneficial to your
CTPD requirements. Each template can be
made available at a very reasonable price.