In light of the ongoing Movement Control Order (MCO) and MaGIC’s recent survey having conclusive data that only 2.9% of start-ups are confident in surviving through MCO – MaGIC will be bringing you its Webinar series, a platform for online live sessions with industry experts and entrepreneurs to shed light on the various ways to strategise and thrive in a time of crisis, such as the one brought about by the COVID-19.

Each topic in the series will dive into the different areas of business and offer tools and insights for business sustainability, followed by a Q&A session. We at MaGIC will strive to provide a platform of support for our entrepreneurs as best we can.

The Session

Transfer Pricing refers to intercompany pricing arrangements for the transfer of goods, services, intangibles and financial assistance between associated persons, for instance, enterprises under common ownership or control.

Understanding the basis of transfer pricing is essential for businesses as transfer pricing offers significant advantages for a company from taxation and economic perspectives. However, failure to manage transfer pricing properly or worse, neglecting it entirely, can result in severe compliance and financial risks.

In this webinar session, we’ll be covering the fundamentals of Transfer Pricing, which includes transfer pricing concerning tax and the proliferation of transfer pricing, as well as managing transfer prices in Malaysia.