{"engagement":"Helios Lane Software","financialYear":2025,"complete":false,"documents":[{"id":"hl-lic","name":"Platform licence agreement","source":"Signed copy, uploaded by the client","sha256":"e310d0fd3e598a1e125ff81a0459624661f24b628090f668e49847daf38b2393","intact":true},{"id":"hl-dsa","name":"Development services agreement","source":"Signed copy, uploaded by the client","sha256":"705a9825c76da17f457f1fe3c34774eaea5385e6459ec0f0ef10eabd63222280","intact":true},{"id":"hl-fs","name":"Trial balance, Development Ltd","source":"Uploaded by the client","sha256":"7805389c15b537f7fd886543c97491be22ea46af99f4f88de3fd5a0d50e05087","intact":true}],"items":[{"id":"obl:hl-dev","title":"Obligations: Helios Lane Development Ltd","state":"draft","contentHash":"c837cd98ff9e5ddaa798f724262906e6462ee92f335905f4dc19115b7fd76062","content":{"fy":2025,"entity":"hl-dev","thresholds":[["cy.lf.threshold","verified",750000],["cy.lf.threshold.circ2024","verified",1000000],["cy.lf.threshold.circ2024.fin","verified",5000000]],"lines":[["services",10600000,true,true]],"excluded":[],"localFile":true,"summaryTable":true,"rules":[["cy.law","verified",null,null],["cy.who","verified",null,null],["cy.related","verified",0.25,null],["cy.lf.threshold","verified",750000,null],["cy.faq.loan","verified",null,null],["cy.lf.threshold.circ2024","verified",1000000,null],["cy.lf.threshold.circ2024.fin","verified",5000000,null],["cy.lf.threshold.2026","verified",2500000,null],["cy.lf.threshold.2026.goods","verified",5000000,null],["cy.lf.threshold.2026.fin","verified",10000000,null],["cy.lf.prepare","verified",null,null],["cy.return.due","verified",null,null],["cy.return.due.2025","tbc",null,null],["cy.sit","verified",null,null],["cy.mf","verified",null,null],["cy.mf.threshold","verified",750000000,null],["cy.faq.cashpool","verified",null,null],["cy.faq.guarantee","verified",null,null],["cy.faq.directors","verified",null,null],["cy.faq.trade","verified",null,null],["cy.faq.safeharbour","verified",null,null],["cy.cbc","verified",12,null],["cy.cbc.notify","verified",null,null],["cy.mf.threshold","verified",750000000,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"obl:hl-ip","title":"Obligations: Helios Lane IP Ltd","state":"draft","contentHash":"f080915d5d24b7009ae780038843b1b335e14607ea79aa1b6fc9330562204748","content":{"fy":2025,"entity":"hl-ip","thresholds":[["cy.lf.threshold","verified",750000],["cy.lf.threshold.circ2024","verified",1000000],["cy.lf.threshold.circ2024.fin","verified",5000000]],"lines":[["royalty",3000000,true,true]],"excluded":[],"localFile":true,"summaryTable":true,"rules":[["cy.law","verified",null,null],["cy.who","verified",null,null],["cy.related","verified",0.25,null],["cy.lf.threshold","verified",750000,null],["cy.faq.loan","verified",null,null],["cy.lf.threshold.circ2024","verified",1000000,null],["cy.lf.threshold.circ2024.fin","verified",5000000,null],["cy.lf.threshold.2026","verified",2500000,null],["cy.lf.threshold.2026.goods","verified",5000000,null],["cy.lf.threshold.2026.fin","verified",10000000,null],["cy.lf.prepare","verified",null,null],["cy.return.due","verified",null,null],["cy.return.due.2025","tbc",null,null],["cy.sit","verified",null,null],["cy.mf","verified",null,null],["cy.mf.threshold","verified",750000000,null],["cy.faq.cashpool","verified",null,null],["cy.faq.guarantee","verified",null,null],["cy.faq.directors","verified",null,null],["cy.faq.trade","verified",null,null],["cy.faq.safeharbour","verified",null,null],["cy.cbc","verified",12,null],["cy.cbc.notify","verified",null,null],["cy.mf.threshold","verified",750000000,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"bench:hl1","title":"Benchmarking: Contract software development","state":"draft","contentHash":"24b817ea307ac0fe954dc3ca6505c6701b170f2345ecbc46d25afd8845f50ec0","content":{"fy":2025,"tx":["hl1","Transactional net margin method, net cost plus",0.1,0.087],"indicator":"ncp","method":"inclusive","comps":[["hl1-c01","accept","OK","Business description: \"Contract software development for third-party clients\"; independent; profitable in at least 2 of 3 years.",0.07425676],["hl1-c02","accept","OK","Business description: \"Software development services on a time-and-materials basis\"; independent; profitable in at least 2 of 3 years.",0.08800173],["hl1-c03",null,null,null,0.09483808],["hl1-c04","accept","OK","Business description: \"Contract development of web and mobile applications\"; independent; profitable in at least 2 of 3 years.",0.06788769],["hl1-c05","accept","OK","Business description: \"Bespoke software development and testing services\"; independent; profitable in at least 2 of 3 years.",0.08857258],["hl1-c06","accept","OK","Business description: \"Software development and quality assurance for clients\"; independent; profitable in at least 2 of 3 years.",0.06923094],["hl1-c07","reject","LOSS","Operating loss in 2 of the 3 years studied.",-0.00565498],["hl1-c08","accept","OK","Business description: \"Contract software engineering and maintenance\"; independent; profitable in at least 2 of 3 years.",0.12219645],["hl1-c09","reject","FUNC","Business description: \"Develops and sells its own software product\" — contains \"software product\", which the search strategy excludes.",0.08309555],["hl1-c10","reject","FUNC","Business description: \"Software development services for related companies\" — contains \"related companies\", which the search strategy excludes.",0.0952876],["hl1-c11","accept","OK","Business description: \"Custom software development for enterprises\"; independent; profitable in at least 2 of 3 years.",0.10163734],["hl1-c12","accept","OK","Business description: \"Engineering and software development on contract\"; independent; profitable in at least 2 of 3 years.",0.07598865]],"range":[8,0.0730003,0.08199519,0.09183877],"where":"within","rules":[["oecd.process","verified",null,null],["oecd.select","verified",null,null],["oecd.iqr","verified",null,null],["method.quartile","tbc",null,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"agr:a-hl1","title":"Agreement: Contract software development","state":"draft","contentHash":"52b72ced8b0c57c761f22ea530712c7602579f610990a9b3a46f192b0b9029f4","content":{"doc":["hl-dsa","705a9825c76da17f457f1fe3c34774eaea5385e6459ec0f0ef10eabd63222280"],"checks":[["provider","Helios Lane Development Ltd","Helios Lane Development Ltd","match","between Helios Lane Development Ltd (Developer)",false],["recipient","Helios Lane Inc.","Helios Lane Inc.","match","and Helios Lane Inc. (Client)",false],["margin","10.00%","10.00%","match","its costs plus a mark-up of 10%",false],["payment_days","45 days","45 days","match","Invoices are payable within 45 days",false],["risk","The parent bears the risk that development fails","The parent bears the risk that development fails","match","The Client bears the risk that development fails",false],["conduct","10.00% contracted","8.70% earned","mismatch","its costs plus a mark-up of 10%",false]],"readBy":"","rules":[["oecd.factors","verified",null,null],["oecd.conduct","verified",null,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"agr:a-hl2","title":"Agreement: Licence of the platform software","state":"reviewed","contentHash":"0a5dc46427bd1996495c820bd8e1faf449a2e5a3ff5d295ac133918137ee661d","content":{"doc":["hl-lic","e310d0fd3e598a1e125ff81a0459624661f24b628090f668e49847daf38b2393"],"checks":[["provider","Helios Lane IP Ltd","Helios Lane IP Ltd","match","between Helios Lane IP Ltd (Licensor)",false],["recipient","Helios Lane Inc.","Helios Lane Inc.","match","and Helios Lane Inc. (Licensee)",false],["rate","6.00%","5.00%","mismatch","a royalty of 6% of its net sales",false],["payment_days","60 days","60 days","match","payable within 60 days of each quarter end",false],["risk","Licensor bears the risk of the platform losing value","Licensor bears the risk of the platform losing value","match","The Licensor bears the risk of the Platform losing value",false]],"readBy":"","rules":[["oecd.factors","verified",null,null],["oecd.conduct","verified",null,null]]},"rests_on":[],"signoffs":[{"stage":"reviewed","by":"Dimitri Wells","at":"4 Nov 2026 14:11","looked_at":"Licence clause 3.1 (6%) against the policy (5%).","note":"Mismatch flagged; and the IP company performs no DEMPE functions — see the functional analysis.","change_reason":"","countsNow":true,"contentHash":"0a5dc46427bd1996495c820bd8e1faf449a2e5a3ff5d295ac133918137ee661d"}],"changes":[]},{"id":"far:hl1","title":"Functional analysis: Contract software development","state":"draft","contentHash":"3f70fcdd87cebd3f099eff3483c0d77de491b0798c46fada997dd0a36a76289e","content":{"tx":"hl1","rows":[["hl1-f1","Low","High","Interview with the group CTO (invented)"],["hl1-f2","High","Low","Headcount: 140 engineers in Limassol"],["hl1-f3","Low","High","Development services agreement clause 6.1"],["hl1-f4","None","High","Development services agreement clause 9.1"]],"narrative":["Helios Lane Development Ltd performs the development.","Helios Lane Inc. decides what is developed; bears the risk that development fails; and owns what is developed.","Of the 4 points, Helios Lane Development Ltd leads on 1 and Helios Lane Inc. on 3.","Suggested characterisation: Helios Lane Development Ltd as a routine service provider, remunerated on its costs plus a mark-up."],"rules":[["oecd.factors","verified",null,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"far:hl2","title":"Functional analysis: Licence of the platform software","state":"draft","contentHash":"23342c8071555c7fe46ccb6f2a4518c42fbecba0ee120ffe05d825a6c7b812f0","content":{"tx":"hl2","rows":[["hl2-f1","None","High","Interview with the group CTO: all engineers report to the parent"],["hl2-f2","Low","High","Board minutes of the parent (invented)"],["hl2-f3","Medium","Medium","IP register extracts; outside counsel instructed by the parent"],["hl2-f4","High","None","Assignment deed (requested, not yet on file). CONTRADICTION: the development services agreement, clause 9.1, gives all developments to the parent from creation"],["hl2-f5","Low","High","The IP company has two employees and no technical staff"]],"narrative":["Helios Lane IP Ltd is the legal owner.","Helios Lane Inc. performs the development of the platform; controls the development: budgets, roadmap, go/no-go; and bears and can control the risk of the platform losing value.","Shared between them: maintains and protects it (registrations, enforcement).","Of the 5 points, Helios Lane IP Ltd leads on 1 and Helios Lane Inc. on 3.","Suggested characterisation: Helios Lane IP Ltd as the legal owner of the intangible without performing or controlling its development — its entitlement to the licence income beyond a return for its own functions is in question (DEMPE)."],"rules":[["oecd.factors","verified",null,null],["oecd.dempe","verified",null,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"p2:hl","title":"Pillar Two: Helios Lane Software","state":"draft","contentHash":"5d5943ae09c1abef5f653e79bfeff2b65c466d8c84dc5c05deaf4996b738d2f4","content":{"scope":[[2021,910000000],[2022,980000000],[2023,1060000000],[2024,1120000000],[2025,1190000000]],"over":4,"classes":[],"rules":[["eu.p2.scope","verified",750000000,null],["eu.p2.rate","verified",0.15,null],["cy.p2.law","verified",null,null],["cy.p2.qdmtt","verified",null,null],["cy.p2.filing","verified",15,null],["cy.p2.transitional","verified",18,null],["cy.p2.notify","verified",null,null],["cy.p2.relief","verified",null,null],["cy.p2.goodfaith","verified",null,null],["eu.p2.sbie","verified",null,null],["eu.p2.alp","verified",null,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"lf:hl-dev:1","title":"Helios Lane Development Ltd: 1. The local entity","state":"draft","contentHash":"f51287ec543a8141af7672984012fdf751c3edd4e51ea4d6f236ef51da9cfe8e","content":{"text":["Helios Lane Development Ltd is a company resident in Cyprus. Software development centre: 140 engineers in Limassol.","Group: Helios Lane Software. Entities in the group: Helios Lane Development Ltd (CY); Helios Lane IP Ltd (CY); Helios Lane Inc. (US).","Documentation duty: services of €10,600,000 exceeds the €1,000,000 threshold the Tax Department publishes."],"cites":["cy.who","cy.lf.threshold.circ2024","oecd.docs"],"hashes":[["obl:hl-dev","c837cd98ff9e5ddaa798f724262906e6462ee92f335905f4dc19115b7fd76062"]],"rules":[["cy.who","verified",null,null],["cy.lf.threshold.circ2024","verified",1000000,null],["oecd.docs","verified",null,null]]},"rests_on":["obl:hl-dev"],"signoffs":[],"changes":[]},{"id":"lf:hl-dev:2:hl1","title":"Helios Lane Development Ltd: 2.1 Contract software development","state":"draft","contentHash":"58eae92aaaaa5caf56f292212108058c9e97f6d27501c0fe8bc9708ae8e75eef","content":{"text":["Contract software development: Helios Lane Development Ltd to Helios Lane Inc., €10,600,000 in the year.","Method: Transactional net margin method, net cost plus. Tested party: Helios Lane Development Ltd.","Interquartile range on 8 accepted comparables (inclusive quartiles): 7.30% to 9.18%, median 8.20%. Result of the tested party: 8.70%, within the range.","Within the range, so no transfer pricing adjustment is required (a suggestion until confirmed); but the agreement says 10.00% and the provider has invoiced €126,763 less than its own contract — invoice to the contract, or amend the agreement to the range: for the practice to decide. The written agreement is the starting point (OECD 1.42).","Written agreement: Development services agreement; checked against the file (1 point differs).","Risk allocation: The parent bears the risk that development fails.","Functional analysis: Helios Lane Development Ltd as a routine service provider, remunerated on its costs plus a mark-up."],"cites":["oecd.iqr","oecd.factors","oecd.delineation"],"hashes":[["bench:hl1","24b817ea307ac0fe954dc3ca6505c6701b170f2345ecbc46d25afd8845f50ec0"],["agr:a-hl1","52b72ced8b0c57c761f22ea530712c7602579f610990a9b3a46f192b0b9029f4"],["far:hl1","3f70fcdd87cebd3f099eff3483c0d77de491b0798c46fada997dd0a36a76289e"]],"rules":[["oecd.iqr","verified",null,null],["oecd.factors","verified",null,null],["oecd.delineation","verified",null,null]]},"rests_on":["bench:hl1","agr:a-hl1","far:hl1"],"signoffs":[],"changes":[]},{"id":"lf:hl-dev:3","title":"Helios Lane Development Ltd: 3. Financial information","state":"draft","contentHash":"a4d92ef3160b4caea8224eca4ba6b3098c474ce7d8309f4dfcc92fbfad122fff","content":{"text":["Financial information used in the analysis: Trial balance, Development Ltd (SHA-256 7805389c15b537f7…).","Contract software development: net cost plus earned 8.70%."],"cites":["oecd.docs"],"hashes":[],"rules":[["oecd.docs","verified",null,null]]},"rests_on":[],"signoffs":[],"changes":[]},{"id":"lf:hl-ip:1","title":"Helios Lane IP Ltd: 1. The local entity","state":"draft","contentHash":"0fb19e4a3e905ad5eeba3ba80383968a2123a28edde24eb735f346548c250b22","content":{"text":["Helios Lane IP Ltd is a company resident in Cyprus. Legal owner of the platform software; two employees, no engineers.","Group: Helios Lane Software. Entities in the group: Helios Lane Development Ltd (CY); Helios Lane IP Ltd (CY); Helios Lane Inc. (US).","Documentation duty: royalties and licences of €3,000,000 exceeds the €1,000,000 threshold the Tax Department publishes."],"cites":["cy.who","cy.lf.threshold.circ2024","oecd.docs"],"hashes":[["obl:hl-ip","f080915d5d24b7009ae780038843b1b335e14607ea79aa1b6fc9330562204748"]],"rules":[["cy.who","verified",null,null],["cy.lf.threshold.circ2024","verified",1000000,null],["oecd.docs","verified",null,null]]},"rests_on":["obl:hl-ip"],"signoffs":[],"changes":[]},{"id":"lf:hl-ip:2:hl2","title":"Helios Lane IP Ltd: 2.1 Licence of the platform software","state":"draft","contentHash":"d8fe3472b094a75ebcfd2c69199a15998846535597c312f1faf4fe8d8ca79e23","content":{"text":["Licence of the platform software: Helios Lane IP Ltd to Helios Lane Inc., €3,000,000 in the year.","Method: Comparable uncontrolled price, royalty rate. Tested party: Helios Lane IP Ltd.","Royalty rate: licence-agreement search not yet run (requested from the database team). Until it is, the royalty rate is the policy's, not yet evidenced as arm's length.","Written agreement: Platform licence agreement; checked against the file (1 point differs).","Risk allocation: Licensor bears the risk of the platform losing value.","Functional analysis: Helios Lane IP Ltd as the legal owner of the intangible without performing or controlling its development — its entitlement to the licence income beyond a return for its own functions is in question (DEMPE)."],"cites":["oecd.factors"],"hashes":[["agr:a-hl2","0a5dc46427bd1996495c820bd8e1faf449a2e5a3ff5d295ac133918137ee661d"],["far:hl2","23342c8071555c7fe46ccb6f2a4518c42fbecba0ee120ffe05d825a6c7b812f0"]],"rules":[["oecd.factors","verified",null,null]]},"rests_on":["agr:a-hl2","far:hl2"],"signoffs":[],"changes":[]},{"id":"lf:hl-ip:3","title":"Helios Lane IP Ltd: 3. Financial information","state":"draft","contentHash":"26d61196a885fbf1b876eeade0e41dd1d912a10cb2dd3b88011b5638344f1606","content":{"text":["No accounts for Helios Lane IP Ltd are on file yet: requested from the client."],"cites":["oecd.docs"],"hashes":[],"rules":[["oecd.docs","verified",null,null]]},"rests_on":[],"signoffs":[],"changes":[]}],"packHash":"9492547671468451aaaa2a712431172b69fa81e31467c9fd2284c157fe9833d2"}