Transfer Pricing is for companies who trade with other companies within the same Group, irrespective of whether they are incorporated in the UK or Overseas.
It is a requirement that should the HMRC investigate into the pricing of goods sold or services rendered between two companies within the same Group then the price should be documented to make sure that the price charged is on an arms length basis.
You can download a demonstration copy of TROPICAL, a database designed specifically to prepare the documentation from
This normally only applies to large companies but please contact us for further details if this is a requirement for your company.