MANAGEMENT fee is an amount paid to a person or company for managing a business, property, sum of money, etc. on another's behalf. The management service includes general administrative functions such as bookkeeping, human resources, legal and other functions. As group companies continue to grow, there is a need for the entities under the group to acquire management services to enhance the efficiency of their operations. In most instances, group companies task the head office of the group to provide these management services. Because the head office is related to the rest of the other entities, the price for the management services is usually a negotiated one that is not comparable to the actual market fee that would have been…