# Local File: Aegean Crest Chartering Ltd
Financial year 2025. Prepared with tp.alp for Aegean Crest Shipping.

> **DRAFT — NOT SIGNED OFF.** 3 of 3 sections are not confirmed. Not for filing.

## 1. The local entity
Aegean Crest Chartering Ltd is a company resident in Cyprus. Chartering desk: finds cargoes and fixes the vessels for a commission; not a qualifying activity, so under income tax.
Group: Aegean Crest Shipping. Entities in the group: Aegean Crest Navigation Inc. (CY); Aegean Crest Navigation II Inc. (CY); Aegean Crest Ship Management Ltd (CY); Aegean Crest Chartering Ltd (CY); Aegean Crest Agencies Ltd (GB); Aegean Crest Holdings Corp. (MH); Aegean Crest Shipping One Ltd (CY); Aegean Crest Shipping Two Ltd (CY); Aegean Crest Shipping Three Inc. (CY); Aegean Crest Shipping Four Inc. (LR).
Documentation duty: services of €1,235,000 exceeds the €1,000,000 threshold the Tax Department publishes.

_Sources: Income Tax (Amendment) (No. 4) Law 2022, 101(I)/2022, section 33(7)–(8); Tax Department, Frequently Asked Questions about Transfer Pricing, question 52; OECD Transfer Pricing Guidelines 2022, Chapter V, Annex I and Annex II_
_Status: draft. Content hash e2accfeab8413cc39ddc065293c46b00d7353698b346c43f171e24cc2405c6f3._
- Reviewed: not yet
- Verified: not yet
- Confirmed: not yet

## 2.1 Chartering commissions
Chartering commissions: Aegean Crest Chartering Ltd to Aegean Crest Navigation Inc., €1,235,000 in the year.
Method: Comparable uncontrolled price: the commission rate against market address commission and brokerage rates. Tested party: Aegean Crest Chartering Ltd.
No written agreement on file.
Risk allocation: Owner bears the freight market risk.

_Sources: OECD Transfer Pricing Guidelines 2022, paragraph 1.36_
_Status: draft. Content hash 00f6b9afe0bc8a69453021cc696f2ad6e8bc06b0fa408c306f8374ca93c5e77a._
- Reviewed: not yet
- Verified: not yet
- Confirmed: not yet

## 3. Financial information
Financial information used in the analysis: Management accounts 2025, Aegean Crest companies (SHA-256 eaabf9be89019375…).

_Sources: OECD Transfer Pricing Guidelines 2022, Chapter V, Annex I and Annex II_
_Status: draft. Content hash 9e4ffc748e46ce810b4abe07b8eeaddeeb65ae01d7e0fd6cd01ac5fa20ef5c1c._
- Reviewed: not yet
- Verified: not yet
- Confirmed: not yet