CBC Dubai - Cross-Border Insights: Transfer Pricing Considerations for Canadian Businesses in the UAE

This webinar aims to provide Canadian businesses with valuable insights into transfer pricing considerations when operating in the UAE. Attendees will gain a comprehensive understanding of the key factors, strategies, and best practices to navigate transfer pricing challenges in cross-border operations.

Agenda:

1. Introduction to Transfer Pricing in the UAE: Overview of transfer pricing regulations and frameworks in the UAE. Understanding the local landscape and its implications for Canadian businesses. 
2. Key Considerations for Canadian Companies in the UAE: Examination of specific challenges and opportunities faced by Canadian companies with operations in the UAE. Analysis of regulatory nuances affecting transfer pricing decisions. 
3. Strategies to Minimize Transfer Pricing Risks: Exploration of proactive strategies to mitigate transfer pricing risks. Practical insights on structuring transactions to align with regulatory expectations. 
4. Best Practices for Transfer Pricing Compliance in the UAE: Guidance on establishing robust compliance frameworks. Overview of documentation requirements and compliance best practices. 
5. Case Studies and Practical Examples: Real-world case studies illustrating successful transfer pricing approaches. Practical examples to enhance understanding and application of transfer pricing concepts. 
6. Q&A Session:  Addressing specific queries and concerns of Canadian businesses operating in the UAE. 

Who Should Attend:

• Finance and Tax Professionals: Gain insights into the intricacies of transfer pricing regulations and compliance in the UAE.
• Business Executives and Decision-Makers: Understand the financial implications and strategic considerations for Canadian businesses operating in the UAE.
• Legal Advisors: Stay updated on the legal aspects surrounding transfer pricing in cross-border transactions.

Why Attend:

• Expert Guidance: Learn from industry experts and professionals with hands-on experience in cross-border transfer pricing.
• Strategic Insights: Acquire strategic insights to optimize transfer pricing structures and minimize risks.
• Practical Knowledge: Gain practical knowledge through case studies and examples for immediate application in business operations.

This event is essential for Canadian businesses seeking to enhance their understanding of transfer pricing dynamics in the UAE and optimize their cross-border operations.

Speakers: 

Dr. Abhishek Jajoo,  GRC and RegTech Expert – Founder AJMS Global is a technopreneur with expertise in Strategy, Tax, Restructuring, Compliance, FinTech and ESG. He has advised multiple clients across various sectors ranging from Banks, Insurance Companies, Exchange Houses, Precious Metals, Trading, Family Offices and others on their Corporate Tax, VAT, Restructuring, Transfer Pricing matters. He is a leading voice in the region on Compliance (Tax and AML) and has been felicitated by Dubai Economy for his contributions. He has been awarded the Global Youth Icon of the Year by the Economic Times.

Ajit Jain, ACA (UK), CS, DITT, Guest Speaker has accumulated over 12 years of experience in transfer pricing, working across India, the Middle East, and the UK. Currently based in the UK,  he is employed by one of the Big 4 consulting firms.  Ajit possesses extensive expertise in transfer pricing documentation, litigation, advisory services, APA and restructuring.  He has successfully represented clients before various tax authorities in both India and abroad, addressing complex transfer pricing issues.  In addition to his practical experience, Ajit has authored a book on NRI tax and regulatory matters. Furthermore, his contributions were recognized with the International Research Award from ICAI in 2020.

Pratik Manani, Manager – Global Transfer Pricing, AJMS Tax has 8+ years of experience in the field of global transfer pricing.  He has designed and performed numerous transfer pricing studies for contemporaneous documentation purposes in accordance with the US and Canada’s TP regulations, the OECD Guidelines, and local TP regulations of various other countries.  He has provided planning advice to several clients regarding appropriate transfer pricing policies for future intercompany transactions, including royalty rates for the use of IP, distribution of software products, etc., inter-company financial transactions, fees for intercompany services, and prices/markups for tangible goods transactions.  

He has guided various clients through assessing the impact of UAE Corporate Tax Law on their inter-company transactions and formulating transfer pricing policies to comply with the UAE TP regulations.  His deep knowledge of various industries allows me to help companies set their transfer pricing policies and related compliances, advanced pricing agreements, dispute resolutions, and due diligence services.