What is the cost of engaging transfer pricing services?

There is no single fixed price for transfer pricing services, because the work required varies considerably with the size and complexity of your related-party dealings. A helpful way to think about cost is by the scope of what you need.

At the lighter end, a transfer pricing risk review or a related-party transactions health check – identifying your intercompany transactions and flagging exposure – is relatively contained. Preparing full contemporaneous Transfer Pricing Documentation (with a functional analysis and benchmarking study) is more involved, and the fee scales with the number of transaction types, the jurisdictions involved, and whether external benchmarking databases are required. More specialised work, such as negotiating an Advance Pricing Arrangement or handling a dispute, is priced according to its complexity and duration.

Weigh the cost against the risk: IRAS can make transfer pricing adjustments and impose a surcharge where documentation is absent or pricing is not at arm's length, so appropriate documentation is usually far cheaper than an adjustment.

Apexia can scope your requirements and provide a clear, fixed quote based on your specific related-party profile.