TaxSavvyQA

TP declaration threshold

When do we need a transfer pricing declaration?

The situation

A TP declaration is needed if revenue or total assets are QAR 10 million or more.

The law

  • GTA President's Decision No. 4 of 2020 (transfer pricing documentation): TP declaration if revenue or assets are QAR 10 million or more; Master File and Local File if QAR 50 million or more and a related party abroad

What it means for you

Revenue QAR 12 million with any related party dealings means a declaration. Below QAR 10 million in both, it is not required, but arm's length still applies.

What to do

  1. Check revenue and assets.
  2. List related party dealings.
  3. Complete declaration.
  4. File with return.

We can do this for youTransfer pricing declaration, Master File and Local File: QAR 9,000

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