Intercompany transactions between UK and UAE

Overview

Management charges, service fees, loans, shared staff, IP, procurement, director charges, cost sharing and recharges.

What we help with

• Identify
• Price
• Document
• Account
• Reconcile
• Report

Common situations we address

• Management charges posted in UK but not mirrored in UAE general ledger
• Intercompany loan balance growing without written agreement or interest
• Shared staff costs recharged informally through expense claims
• UK procurement paying suppliers on behalf of UAE entity without recharge
• IP developed in UK used by UAE entity without license fee
• Year-end true-up journals missing for inventory transfers between entities

Our approach

We identify, price, document, account for and reconcile every material intercompany flow between UK and UAE entities. Work covers transaction mapping, transfer pricing, agreement drafting coordination, monthly reconciliation and group reporting elimination entries.

Typical deliverables

• Intercompany transaction inventory
• Pricing methodology by transaction type
• Draft intercompany agreement terms for legal review
• Monthly reconciliation report and sign-off process
• Accounting entry instructions for each flow
• Group elimination schedule for consolidation