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Transfer pricing

Transfer pricing requirements in Russia

Russian companies concluding transactions with related foreign entities (so-called controlled transactions) must submit documents to tax authorities for verification of the prices applied in such transactions. If such prices are not in line with market level, this could indicate an understatement of payable taxes. Below we described all the requirements, deadlines and our transfer pricing services.

Transfer pricing services

Risk of price verification in group:

  • International trade of commodities;
  • Offshore transactions;
  • Companies with high turnover under controlled transactions.

Transfer pricing deadlines in 2020

  • March 28 - deadline for submission of profit tax return. Tax adjustments rectifying any discrepancy between transfer prices and market level should be specified in such tax return;
  • May 20 - deadline for submission of reports on controlled transactions;
  • June 1 - the beginning of tax audits of controlled transactions. Transfer pricing documentation justifying the prices applied in controlled transactions should be prepared and ready by that time. Companies must submit to tax authorities transfer pricing documentation within 30 days of receipt of request from tax authorities.
Transfer pricing deadlines in Russia 2019

Penalties for understated tax

If it is found during a tax audit that the tax base was understated because transfer prices were not in line with market prices, tax authorities will then be entitled to collect unpaid taxes, as well as impose a penalty

Penalty is 40% on the unpaid tax amount

Elimination of transfer pricing risks

Companies are not subject to fines if they submit transfer pricing documentation.
We offer full support for preparation of transfer pricing documentation and for tax audit preparation.

Our transfer pricing services:

  • Identification of related entities and controlled transactions;
  • Business overview and selection of appropriate transfer pricing method;
  • Comparative analysis of transfer prices, including market analysis and calculation of corporate indicators;
  • Preparation and updating of transfer pricing documentation;
  • Preparation of report on controlled transactions.

About us

Accountor Group is the largest financial and HR service company in Northern Europe. We are a leading consulting company in Russia and one of the first to have entered the Russian market as early as 1992. 

Accountor Group figures
Accountor. Years of establishment in different countries
Top positions in Russia - RAEX 2019 - accounting, payroll-hr, legal, financial consulting

Leading positions in Russia

Accountor is a leading consulting company in Russia. In the latest rating of the Expert Rating Agency Accountor Russia was ranked:

  • TOP-10 accounting outsourcing companies in Russia
  • TOP-10 payroll outsourcing companies in Russia
  • TOP-10 financial consulting companies in Russia
  • TOP-15 legal consulting companies in Russia

Our experts in transfer pricing

All our specialists have extensive experience in tax consultation, transfer pricing analysis and preparation of documentation according to international standards developed by the OECD and according to Russian tax law.

Olga Mazina

Olga Mazina

Director of Tax and Legal Consulting Department
Director of Tax and Legal Consulting Department
Experience: 20 years
Tax security, transfer pricing, due diligence of international companies, restatement of financial statements according to IFRS
Natalia Kerentseva

Natalya Kerentseva

Senior Tax Consultant/Auditor
Experience: 21 years
Specialized in: audit in the field of construction, manufacturing, wholesale and retail, non-profit organizations, B2B
Artur Dorokhov

Artur Dorokhov

Senior Auditor / Senior Tax Consultant
Senior Auditor / Senior Tax Consultant
Experience: 11 years
Specialized in: wholesale and retail companies, companies with foreign participation, manufacturing companies, B2B, non-profit organizations
Elena Abbyazova

Elena Abbyazova

Tax Consultant/Auditor
Experience: 9 years
Specialized in: wholesale and retail companies, companies with foreign participation, manufacturing companies, B2B, non-profit organizations

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