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News and developments

DFDL Announces an Expansion of its Transfer Pricing Services in Asia

DFDL is pleased to announce the integration of the 11-member team of IC Advisors into its regional tax practice.

IC Advisors is a leading independent transfer pricing firm in Asia. This strategic move will enhance DFDL's capabilities to provide comprehensive and cost-effective transfer pricing solutions to its clients across Southeast and South Asia.

IC Advisors is a dedicated transfer pricing consultancy, with a wealth of experience and technical expertise in various industries. IC Advisors helps clients navigate the complex and evolving transfer pricing regulations and optimize their tax positions in cross-border transactions.

The addition of the team to DFDL significantly expands DFDL’s transfer pricing services in the region, including transfer planning and design, local and master file preparation, mutual agreement procedures, transfer pricing defense, Advance Pricing Agreements (APA), benchmarking, business restructuring and reorganizations, BEPS planning and compliance.

Jack Sheehan, Partner and Head of Regional Tax Practice at DFDL, notes:

“We are delighted to welcome our new colleagues to the firm.

By combining the strengths of DFDL and IC Advisors, we will be able to offer a full range of transfer pricing services, covering planning, implementation, compliance, and dispute resolution. We will also leverage our local knowledge and industry-specific insights to deliver tailored and innovative solutions that meet our clients' needs and expectations.

Adding such high-quality transfer pricing expertise shows our commitment to our clients and the region.

We are excited for 2024 and beyond.”

Dr. Sowmya Varadharajan notes:

“My team and I are excited to be part of the DFDL Group.  The broader tax and legal capabilities of the DFDL team will further bolster our existing client offerings.” 

We are excited to welcome the IC Advisors team to DFDL and look forward to working together to create value for our clients and stakeholders.