With respect to the content of the intercompany agreements, we highlight three key principles: Apple`s Shared Services Center in Manila provides administrative services to Apple Hong Kong and Apple China. Service AGREEMENT („Agreement“), which takes effect from the date of the [identifying parties] and between them, each of the above companies being a member of a group of joint insurers and wishing for the content of Intercompany agreements, depends in large part on the nature of the controlled transaction and the jurisdictions in which the controlled transactions take place. Complex controlled transactions, such as the licensing of intellectual property. B require detailed contracts. Contracts for simple controlled transactions, such as the provision of administrative services, are. B can be maintained easily. Intercompany agreements are contracts between two or more companies or divisions that are owned by the same parent company. It is a contract for internal transactions of sales or transfers of goods and services between companies. The reason for an intercompany agreement is to address certain factors of the parent company in collaboration with the two divisions of the same company.
On the other hand, a third-party agreement is the result of negotiations on CT by two independent companies that protect their own interests. Normally, such an agreement is carefully crafted and reviewed before being accepted by both companies. It is unlikely that any of the parties would be able to unilaterally dictate the CT of the agreement. Intercompany Agreements (ICAs) describe the legal terminology for which financial support, products and services are provided within a group. ICAs can cover a wide range of situations, including back office and head office services, cost and revenue allocation, intellectual property licenses, etc. It has been recognized that intercompany agreements are a fundamental element of the respect of transfer pricing and the use of the management of the OECD (Organisation for Economic Co-operation and Development), beps (Base Erosion and Profit Shifting) by an increasing number of countries each year. This particular importance is monumental only for financial institutions and multinational companies.