Since 2022, Cypriot companies with transactions with related parties are required to maintain transfer pricing documentation.
When it is required:
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Transactions with related entities (more than 25% common ownership)
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Transactions exceeding €750,000 per category (goods, services, loans)
What it includes:
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Local File: Details of the company’s transactions
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Master File: Required if the company belongs to a group with turnover > €750,000,000
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Comparison with the market (arm’s length principle)
Do not leave your company exposed. Request a transfer pricing analysis from Localit.

