The declaration of related party transactions is the core content of the tax compliance of multinational enterprises. Its main purpose is to ensure that the transaction prices between related companies comply with the arm’s length principle and to prevent companies from realizing profit transfer through price manipulation of related party transactions, thereby eroding the tax base of each country. Related party transactions refer to various types of transaction activities between members of multinational enterprise groups, including sales of goods, provision of services, transfer of intangible assets, and capital loans. If these transactions are not priced according to market prices or the arm’s length principle, it will easily lead to profits flowing to low-tax countries or regions, resulting in a loss of tax revenue from high-tax countries. Therefore, related party transaction declaration has become a compliance area of ​​great concern to tax authorities around the world.

In the Asia-Pacific region, major countries have increasingly strict compliance requirements for related party transaction declarations. China, Japan, South Korea and other countries have successively promulgated detailed regulations on declaration of related-party transactions, clarifying the declaration documents, document content and frequency of declarations that companies need to submit in related-party transactions. For example, China’s “Special Tax Adjustment Implementation Measures” stipulates the preparation requirements and submission standards for related party transaction documents, and Japan’s “Special Taxation Law” sets special reporting requirements for high-risk transactions and large-value transactions. In declaration forms of various countries, companies are usually required to describe in detail the basic information of related parties, the amount and type of transactions, pricing methods and other key data. If an enterprise fails to declare in accordance with the regulations or the document information is incomplete, it may face consequences such as back taxes, fines, and even compliance reviews.

With the strengthening of tax compliance management in the Asia-Pacific region, related party transaction declaration has become an important part of corporate internal management. Different compliance requirements in different countries require companies to prepare detailed and accurate transaction records when reporting to ensure transparency and compliance. Therefore, establishing a sound compliance management system for related-party transactions and regularly reviewing the reasonableness of transaction prices and completeness of documents are key measures for enterprises to avoid tax risks. This system not only helps enterprises cope with different tax regulations in different countries, but also improves the standardization of overall financial and tax management and ensures the sustainable development of cross-border business.

Overview of declaration of related party transactions

Related party transactions are transactions conducted within a multinational enterprise or between related parties, including but not limited to the sale of goods, provision of services, transfer of intangible assets, capital lending, etc. Affiliated enterprises usually refer to companies that are closely linked legally or economically, such as parent and subsidiary companies, subsidiaries under joint control, and investors with significant equity influence. If the transaction price between such enterprises deviates from the market price (that is, the transaction price of an independent third party), profits may be transferred to low-tax countries or regions through price manipulation, affecting the fairness of the tax base. Therefore, in order to prevent profit transfer between related enterprises through non-market pricing, various countries have gradually established and improved related-party transaction reporting systems to ensure fairness and reasonableness of taxation.

Countries have different definitions and standards for related party transactions. Although they are generally based on the arm’s length principle proposed by the OECD (Organization for Economic Cooperation and Development), there are differences in specific implementation. For example, China’s “Special Tax Adjustment Implementation Measures (Trial)” stipulates in detail the definition scope and reporting requirements of affiliated enterprises, and requires enterprises to submit affiliated transaction declaration forms and joint ventures in large-value transactions, intangible asset transfers, financial arrangements, etc. regulatory documents. Japan has clarified the definition of related-party transactions in the Special Taxation Law and has strict reporting requirements for the rationality, risk sharing and profitability of related-party transactions. Similarly, Asia-Pacific countries such as South Korea, Australia, and India are also gradually improving related-party transaction regulations, strengthening reviews of the rationality of related-party transaction pricing, and preventing companies from using related-party transactions to conduct tax base erosion and profit transfer.

The basic requirements for declaration of related party transactions have been gradually clarified in the legal systems of various countries. When an enterprise conducts related-party transactions, it must regularly submit detailed transaction information, pricing methods and analysis documents in accordance with local laws and regulations. Taking China as an example, China’s tax authorities require enterprises whose annual related-party transaction volume exceeds a certain amount to submit related-party transaction declaration forms on time, and the declaration documents must include details such as the transaction’s pricing method and market comparability analysis for the tax authorities to review. Similarly, Japan requires companies to provide detailed documentation to support the reasonableness of the transaction price when submitting declaration forms. The filing period for related party transaction declaration forms is usually annual, but some countries (such as Japan) require quarterly or semi-annual filings under certain conditions. This strict reporting requirement requires companies to regularly and completely disclose the details of related-party transactions to ensure that the company’s declared prices reflect the true market value and avoid tax losses due to price distortions.

The core purpose of declaration of related-party transactions in various countries is to prevent the loss of profits and ensure the fair distribution of tax revenue. Through the related-party transaction declaration system, the tax authorities can understand the profit distribution between enterprises, conduct compliance reviews when necessary, and require enterprises to provide further pricing basis or make tax adjustments. This reporting system not only restricts companies from using related-party transactions to avoid taxes, but also promotes the improvement of global tax transparency and promotes the development of international tax cooperation. For multinational enterprises, strictly following the reporting requirements for related-party transactions is not only a basic requirement for compliance, but also a necessary measure to reduce tax risks and protect corporate reputation. Therefore, in the tax environment of the Asia-Pacific region, companies need to have a deep understanding of the related-party transaction reporting rules of various countries to ensure the rationality of transaction prices and the integrity of declaration documents to effectively respond to the regulatory requirements of tax authorities in various countries.

Contents and key points of filling in the related party transaction declaration form

Filling out the related party transaction declaration form is a core step in the compliance management of multinational enterprises, and the accuracy of the content directly affects the tax authorities’ review of the enterprise’s related party transactions. When filling out a related party transaction declaration form, you first need to understand its components. Usually, the main content of the declaration form includes basic information, affiliated enterprise structure, transaction amount, transaction nature, pricing method, etc. The basic information section covers key information such as the company’s name, tax number, and country of residence. In addition, each country will also put forward some personalized requirements based on specific tax needs. For example, China’s related party transaction declaration form requires detailed records of the company’s annual transaction total, related party types, and applicable pricing methods; Japan’s declaration form emphasizes the actual operation and risk bearing of the transaction. By understanding these requirements, companies can prepare targeted reporting information to ensure compliance with the compliance needs of different countries.

The completeness of the company’s information is crucial when filling in the key content items of the return form. Enterprises need to list the names, tax registration numbers and specific shareholding structures of affiliated enterprises in detail to ensure that the affiliated relationships between enterprises can be demonstrated. Regarding the transaction amount and nature of the transaction, it is necessary to clearly list the specific amount of each type of related party transaction and accurately describe the nature of the transaction, such as the sale of goods, provision of services, or transfer of intangible assets, etc. Filling in the details of related-party transactions must include specific descriptions of each transaction so that the tax authorities can understand the true intention and operation mode of the transaction. In addition, companies need to select and describe the applicable pricing method based on the nature of the transaction, such as the comparable uncontrolled price method (CUP), the resale price method (RPM) or the cost plus method (CPM). Different countries have different preferences for pricing methods. For example, China prefers the “comparable uncontrolled price method”, while South Korea often uses the “profit split method” to price related-party transactions. Therefore, when reporting, companies need to choose appropriate pricing methods based on the policies of each country and provide documentation proving the rationality of pricing to ensure that their transfer pricing complies with the arm’s length principle.

For some special transaction types, such as intangible asset transfers and service transactions, the declaration form usually has special filling requirements. The transfer of intangible assets involves complex value evaluation of intangible assets such as intellectual property rights, trademarks, and patents. Enterprises need to provide detailed information such as the type of assets, service life, valuation method, and transfer amount. Service transactions need to focus on describing details such as service content, transaction amount, service provider and recipient. In these transactions, companies also need to ensure that the information filled in is complete and complies with the format requirements of the return form. For example, if an enterprise fails to clearly indicate the purpose of the asset or the source of the transaction value when filling in the transfer of intangible assets, it will easily attract the attention of the tax authorities, leading to an increased risk of subsequent review. Therefore, when companies fill in such special transaction information, they need to provide sufficient supporting materials to enhance the transparency of the declaration.

In order to ensure the accuracy of the declaration form, companies should pay attention to frequently asked questions during the filling process and refer to official filling examples. For example, tax authorities often require companies to maintain consistency in transaction records, that is, the data on the return must be consistent with the company’s annual financial report and related contract documents. For error-prone calculations of transaction amounts and selection of pricing methods, companies can refer to the guidance materials issued by tax authorities in various countries to avoid reporting non-compliance due to incomplete information or wrong selection of pricing methods. In addition, after companies complete the declaration form, it is recommended to conduct an internal audit to ensure the accuracy and consistency of all data and information. By carefully reviewing each content of the declaration form, companies can significantly reduce tax risks caused by incomplete information or data errors, thereby successfully meeting the compliance requirements of related party transactions in various countries.

Detailed explanation of related party transaction reporting requirements in major Asia-Pacific countries

In the Asia-Pacific region, countries have increasingly strict compliance requirements for related party transaction declarations, and each country has its own specific regulations in terms of declaration content, document requirements and submission cycle. Understanding these requirements is the basis for multinational companies to operate compliantly in the Asia-Pacific region.

**China**’s declaration of related party transactions covers a wide range of content, and has strict regulations in particular on the disclosure of major transactions. According to China’s “Special Tax Adjustment Implementation Measures (Trial)”, companies are required to disclose details of related-party transactions including sales revenue, service fees, dividends and other related transactions. The enterprise’s related party transaction declaration form is divided into multiple contents, covering key information such as the enterprise’s related parties, transaction types, amounts, and applicable pricing methods. Especially when it comes to the transfer of major intangible assets, China requires companies to specify the type, valuation method, useful life, etc. of intangible assets to ensure that the pricing of intangible assets complies with the arm’s length principle. In addition, China also stipulates that annual reports must be submitted before June 30 of the following year. This requirement forces companies to quickly organize transaction information after the end of the year to ensure the completeness and accuracy of data.

**Japan**’s reporting requirements for related-party transactions are strict and detailed, with special emphasis on high-risk transactions and large-value transactions. Japan requires companies to declare all related-party transactions in accordance with its “Special Taxation Law”. The declaration content must include the nature, amount, and related-enterprise information of the transaction. Regarding the review of high-risk transactions, Japan has established a “safe harbor” system to provide simplified compliance requirements for qualified companies. Safe harbor policies apply to specific small businesses and generally stipulate that when the amount and risk of related-party transactions are low, the preparation of certain documents can be exempted, which to a certain extent reduces the compliance burden of the enterprise. However, high-risk transactions and transfers of intangible assets still require strict compliance with the arm’s length principle and submission of detailed pricing documentation to respond to scrutiny by tax authorities.

**South Korea** has strict and comprehensive supervision of related-party transactions, with special attention to the disclosure and rationality of large-scale transactions. The Korean Tax Service requires companies to not only disclose the transaction amount, type and pricing method when reporting related-party transactions, but also provide detailed risk allocation analysis and pricing rationality explanations. For intangible assets and large-scale transactions, South Korea’s related-party transaction declaration form has special disclosure items, requiring companies to provide detailed pricing basis and functional risk analysis. When companies submit declarations, they also need to ensure that the documents comply with South Korea’s risk assessment and compliance guidance standards, especially to provide sufficient supporting documentation in terms of related party transaction pricing to prevent back taxes or penalties due to insufficient declaration content.

In other **Asia-Pacific countries**, such as Singapore, India and Australia, there are also strict related party transaction reporting regulations. The Inland Revenue Authority of Singapore (IRAS) requires companies to disclose related party transactions on an annual basis and has set detailed disclosure requirements for intangible assets and financial transactions. India’s reporting rules strictly focus on profit transfers between multinational companies. Companies are required to record the amount and pricing method of related-party transactions in detail in their annual declarations. Especially in industries such as IT and pharmaceuticals, the disclosure of related-party transactions is particularly important. Australia requires companies to submit declaration forms before the end of the following year and conduct focused reviews of high-risk transactions, capital expenditures and other matters to ensure that transactions comply with the independent trading principle of market prices.

The reporting requirements for related-party transactions in the Asia-Pacific region vary significantly, but all countries require companies to submit declaration forms on time and accurately and provide supporting documentation. Different countries have different deadlines and review standards for declaration forms. Enterprises must complete the declaration within the specified time after the end of the year according to local regulations. In addition, in high-risk industries or large transactions, companies need to pay special attention to the completeness of disclosures to avoid scrutiny and traceability by tax authorities. Understanding and complying with these detailed requirements is the key for companies to successfully operate and manage related party transaction compliance risks in the Asia-Pacific market.

Related party transaction declaration process and operational guidance

The declaration process of related party transactions requires enterprises to conduct detailed operations in multiple aspects, including information collection, form preparation, submission and feedback management, to ensure compliance and data accuracy. The preparation of declaration forms usually starts with the systematic collection of related party transaction information. This process includes clarifying the corporate structure, collecting detailed transaction amounts, recording cost allocation, etc., to ensure that all related party transaction information complies with the principle of independent transactions. First, companies should conduct a comprehensive review of the types, shareholding ratios and transaction details of related parties. In order to avoid omissions, companies need to regularly review and update related party transaction data to ensure that the data used in year-end declarations are completely consistent with actual business. In addition, companies should conduct internal audits in advance to verify the accuracy of transaction information and financial data. This will not only help companies comply with tax regulations of various countries when submitting returns, but also significantly reduce the risk of subsequent scrutiny by tax authorities.

In terms of reporting forms, Asia-Pacific countries are gradually implementing electronic reporting to improve reporting efficiency and transparency of data management. For example, Japan’s e-Tax system provides a convenient and fast electronic declaration method. Enterprises submit related-party transaction declaration forms through the online system. The platform also has an automatic verification function to help enterprises discover and modify data errors in the form before submission. However, there are differences in the operating procedures of electronic declaration systems in different countries. The system operations and requirements in countries such as China, Singapore and South Korea are different. Enterprises need to be familiar with and adapt to the relevant platforms in advance. On the other hand, some countries still retain the paper declaration method. For example, some companies in India choose to file on paper, but they must strictly follow the format and document requirements specified by the local tax authorities, and submit the declaration form and relevant supporting materials to the designated tax office on time. Whether it is an electronic declaration or a paper declaration, enterprises should fully understand the specific usage and precautions of the local declaration platform to ensure compliant submission.

In terms of declaration submission and feedback management, companies also need to pay attention to declaration confirmation and subsequent tax communication. The electronic filing system usually generates a confirmation receipt after submission, while paper filing requires a stamped confirmation document. These confirmation documents are important documents of tax compliance, and companies must keep them properly for future review. In addition, after receiving a declaration of related party transactions from an enterprise, the tax authorities of various countries may review and provide feedback based on the contents of the declaration, especially for large transactions or special types of transactions. Enterprises need to review and respond to feedback requests in a timely manner, and provide further supporting materials when necessary to cope with verification by tax authorities. To ensure data integrity, companies need to retain all related transaction documents and supporting evidence after the declaration is completed. It is usually recommended to retain them for five to ten years, and the specific period must comply with the legal requirements of each country. Through systematic reporting processes and meticulous record management, companies can not only successfully complete related-party transaction reporting, but also effectively reduce tax compliance risks, laying the foundation for the steady development of cross-border business.

Compliance risks and precautions in declaration

When reporting related-party transactions, companies face a variety of compliance risks. These risks will not only affect the company’s tax compliance, but may also lead to serious consequences such as tax repayments and fines. Common reporting misunderstandings include missing data, pricing methods that do not comply with the arm’s length principle, and errors in calculating transaction amounts. Lack of data often results from the failure of enterprises to systematically collect comprehensive information on related-party transactions, especially the incompleteness of key information such as corporate structure, transaction amount and cost allocation. For multinational enterprises, different countries have different disclosure standards for related-party transactions. In particular, the requirements for intangible assets or service transactions are more stringent. For example, details such as the valuation method and service life of intangible assets need to be accurately disclosed. Service transactions need to clearly display the service provider, transaction amount and service content. If a company fails to declare these special transactions as required, it may cause the tax authorities to doubt the reasonableness of its pricing, thus triggering more stringent scrutiny.

The core of the compliance review is to ensure that all transaction pricing complies with the arm’s length principle, that is, the price of related party transactions should be consistent with the market price of non-related party transactions. Tax authorities in various countries in the Asia-Pacific region generally require companies to submit supporting materials such as transaction records and pricing basis to prove the rationality of related-party transactions and the fairness of market pricing. In order to reduce compliance risks, companies can establish internal compliance inspection processes and regularly self-check whether related party transaction data and declaration contents comply with local compliance requirements. Through self-examination, enterprises can promptly discover and correct potential problems, ensure that complete and accurate returns are provided before the filing deadline, and reduce tax penalties caused by inaccurate data or non-compliance. In addition, the compliance review of tax authorities is also gradually strengthening, especially in the transfer of intangible assets and large-scale transactions. The tax authorities of various countries have intensified their review efforts. Companies need to ensure that these transactions comply with required disclosure standards and provide sufficient supporting materials to address potential tax risks.

In order to cope with complex reporting requirements, companies can consider establishing a dedicated internal compliance team to be responsible for the recording, analysis and reporting of related-party transactions. The internal team can better understand the company’s internal transaction process and financial situation, ensuring the timeliness and accuracy of declaration materials. If the company’s internal resources are limited, it can also choose to cooperate with an external tax consulting agency to use the knowledge and experience of professional agencies to improve compliance efficiency. External professional organizations usually have extensive experience in cross-border tax compliance and can help companies complete compliance declarations in accordance with the latest tax policies and reporting specifications of various countries, and provide support when tax disputes occur. In addition, professional institutions can also provide personalized tax planning and risk management suggestions based on the company’s operating conditions and business needs to reduce the potential risks of related party transaction declaration. This collaboration of internal and external resources can help companies efficiently deal with the compliance challenges of related party transaction declarations and ensure that their business activities in the Asia-Pacific region comply with the tax requirements of various countries.

Suggestions and best practices for filling out the application form

In the declaration of related party transactions, accurately filling in the declaration form and ensuring the compliance of the data are important steps for enterprises to avoid tax risks. In order to ensure the accuracy of the information in the return form, enterprises should establish a systematic process to regularly update and maintain related party transaction data. Related party transaction data is highly dynamic, especially in the case of cross-border business and the participation of multiple related parties, where transactions are frequent and amounts change. Therefore, it is recommended that companies comprehensively update the declaration data every year. Through a systematic management approach, companies can not only easily organize and review related party transaction data, but also promptly discover and correct deviations or omissions in the data. In addition, systematic management of data updates can provide comprehensive support for the reporting process, ensuring that companies accurately reflect the latest transactions and financial status when submitting returns.

In the operations of multinational enterprises, establishing a multinational compliance team is of great significance to ensure the consistency of related party transaction declarations. Compliance requirements for related party transaction declarations vary significantly between different countries and regions, such as the detailed level of declaration content, the format and time limit for document submission, etc. In order to cope with this complexity, multinational enterprises may consider establishing a cross-border compliance team to centrally manage related party transaction declarations in various locations. The team is able to coordinate tax compliance across different countries and regions to ensure consistency and coordination of return content across locations. Especially when faced with complex transaction types or when tax regulations in various countries change, the multinational compliance team can respond quickly and update the declaration content in accordance with the latest policy requirements. In addition, the cross-border compliance team can also rely on the professional guidance of external tax experts to provide support for complex transactions, thereby providing multiple guarantees for enterprises in terms of data compliance and reporting accuracy.

When dealing with more complex related-party transactions or encountering compliance requirements of new regulations, companies can also use external resources to ensure compliance with declarations. Tax advisors and legal advisors can provide professional compliance support to enterprises, especially when involving complex transactions such as intangible asset transfers, cross-border financing, and equity transfers. The help of external resources is particularly important. Professional consultants can not only help companies comprehensively understand and comply with the reporting policies of various countries, but also provide practical reporting strategies to reduce compliance risks. In addition, enterprises can also actively participate in tax compliance training courses to provide internal teams with the latest compliance knowledge and skills, thereby improving compliance awareness and reporting capabilities within the team. These trainings help the team have an in-depth understanding of the latest developments in policies and compliance standards, ensuring that the filing process is efficient and accurate, and that they are fully equipped to deal with a more complex tax environment in the future.

Frequently Asked Questions

The compliance of related party transaction declarations has its own time requirements and data disclosure standards in different countries. Therefore, understanding and submitting declaration forms on time is an important step for companies to operate compliantly in the global market. Countries have different regulations on the deadline for reporting related-party transactions. Most countries require companies to complete the declaration within a few months after the end of the fiscal year. For example, China usually requires the submission of related party transaction declaration forms before June 30 of the following year, while Japan’s deadlines vary depending on the size of the company and the industry, and are usually required to be completed within a few months after the end of the company’s fiscal year. In order to ensure that companies submit their returns on time, it is recommended to start data collection and collation before the end of the fiscal year to ensure that the required information is accurate. At the same time, enterprises should establish an internal reminder mechanism to complete all declaration processes before the deadline to avoid fines and compliance risks due to late submissions.

In terms of the scope of data disclosure, countries may have different disclosure requirements for related-party transactions. Under normal circumstances, the content that needs to be disclosed in the related party transaction declaration form includes core data such as the company’s related party relationships, transaction amounts, transaction nature, and pricing methods. Some countries require more detailed supporting materials for specific transaction types (such as intangible assets, financial services, etc.). For example, Singapore requires companies to disclose in detail the valuation methods for intangible asset transfers, while India pays special attention to cost-sharing transactions in the IT and pharmaceutical industries and requires companies in these industries to provide specific cost data for the transactions. In order to meet the data disclosure requirements of various countries, companies should establish standardized disclosure templates according to the regulations of different markets to ensure that the format and scope of each data meet the requirements. In addition, tax authorities in various countries may also require companies to supplement financial statements, contracts and other supporting documents. Companies must ensure the authenticity and accuracy of each information during the data disclosure process.

For post-declaration compliance inspections, tax authorities in various countries usually review related-party transaction declarations to evaluate whether the company’s declaration content complies with the arm’s length principle and the tax regulations of each country. During the review process, the tax authorities may focus on reviewing the transaction amount, the reasonableness of the pricing method, and whether the company complies with local tax compliance standards. Once an enterprise’s declaration content is selected as the subject of inspection, the enterprise should actively cooperate with the tax authorities’ review process and provide the required supporting materials in a timely manner. Compliance inspections usually focus on areas such as high-risk industries, large-value transactions, and transfers of intangible assets. When an enterprise is inspected, it should prepare sufficient supporting documents, such as transfer pricing documents, related party transaction contracts, transaction records, etc., to prove the fairness and rationality of the transaction. In addition, establishing a good tax communication mechanism is also key to ensuring smooth compliance inspections. Companies can reduce compliance risks by designating a person responsible for communicating with tax authorities, answering questions, submitting documents during the review process, and ensuring the transparency of the tax compliance process.

Summary and related-party transaction compliance suggestions

Related party transaction declaration requirements in the Asia-Pacific region play a core role in tax compliance management. Countries use related party transaction declarations to monitor whether companies have transferred profits through related transactions, thereby ensuring tax fairness. Countries in the Asia-Pacific region have different filing requirements and review priorities. When conducting cross-border business layout, companies need to have an in-depth understanding of the filing standards and regulatory norms of different countries. For example, China has relatively strict disclosure requirements for related party transaction information, especially focused review of high-risk transactions and transfers of intangible assets; Japan has introduced a “safe harbor” system that simplifies some compliance requirements, but imposes strict requirements on high-risk industries. The review is equally strict; in South Korea, the scope of review of related-party transactions covers multiple areas such as large-value transactions and equity transfers. Under these differentiated compliance requirements, if an enterprise ignores key reporting points in any country, it may face risks such as tax backpayment and fines. Therefore, enterprises need to fully understand and comply with the related party transaction regulations of each country in their global operations.

In order to ensure the compliance of related party transaction declarations, enterprises need to build a systematic compliance management framework to ensure the accuracy and integrity of related party transaction data through centralized data management and risk warning mechanisms. First, enterprises should regularly collect and update related party transaction data to form a complete related party transaction file. This framework can not only help companies organize and review transaction data more conveniently, but also respond quickly when the reporting deadlines of various countries are approaching. Secondly, enterprises can make full use of professional external resources, including tax consultants, legal consultants, etc., to ensure the compliance and rationality of related party transaction declaration contents. These professional resources are familiar with the latest tax policies and reporting regulations in different countries in the Asia-Pacific region, and can provide high-quality compliance support to enterprises. Especially in complex transactions such as intangible asset transfers and cross-border financing, the guidance of external consultants is crucial. In addition, companies can use the latest insights from tax experts to regularly optimize the filing process and reduce human errors.

At the same time, companies should also consider establishing a cross-border compliance team or appointing a compliance manager to ensure consistent reporting data standards in various business areas, and continuously monitor updates to tax regulations in various countries. By regularly reviewing the rationality and pricing basis of related-party transactions, companies can better respond to the changing tax compliance environment in the Asia-Pacific region and effectively reduce the compliance risks of related-party transactions. In short, related party transaction compliance is not only an important part of corporate tax management, but also the cornerstone of healthy development of companies in the Asia-Pacific region. Through systematic compliance management and external professional support, enterprises can more confidently respond to the tax challenges of various countries in global operations, ensuring the dual guarantee of compliance and steady business development.