![TransFair Pricing Solutions - Scope](https://tfps.lu/wp-content/uploads/2020/05/transfair-pricing-solutions-scope-2.png)
Scope
Attend board meetings, understanding of the transfer pricing documentation and suggestions and recommendations as advice to the board of Directors.
![TransFair Pricing Solutions - Purpose](https://tfps.lu/wp-content/uploads/2020/05/transfair-pricing-solutions-purpose-2.png)
Purpose
- To help board of Directors make their transfer pricing decisions in line with the arm’s length principle.
- To monitor their transfer pricing footprint.
- Reduce the impact of year-end adjustments.
- The board of directors can also demonstrate that it has the assistance of an independent expert to fulfil the qualification skills in line with substance requirements.
![TransFair Pricing Solutions - Deliverable](https://tfps.lu/wp-content/uploads/2020/05/transfair-pricing-solutions-deliverable-2.png)
Deliverable
Memorandum.