UNIFORM ACCOUNTING SYSTEM
Utilizing the Accounting System General Declaration and Generally Accepted Accounting Principles, our CPA office accurately and reliably conducts the accountancy and legal advisory of the business of both real persons and legal entities using balance sheet bookkeeping. Interpreting the collected data and presenting the outcome in form of financial tables while maintaining its consistency and comparability, thus making it certain that these tables represent the actual situation which leads to easier supervision of the firms. This idea forms the fundamental structure and view of our office. We also provide the information of all the accounts and financial tables both in Turkish and English.
We are now way past the era of trading solely between neighboring countries. With the technological advancements and globalization, investors and businessmen are able to access to and communicate with the farthest countries in the world. We provide every sort of reporting and presentation services in Turkish and English for local and foreign based firms using Turkish Financial Reporting Standards and Turkish Generally Accepted Principles of Accounting.
TURKISH COMMERCIAL CODE
Demands of local and foreign based companies which desire to make investments in Turkey are evaluated within the context of related laws and the most feasible pathway is developed by our team of specialists. We use all types of reporting formats in accordance with the New Turkish Commerical Code, which embraces the international standards and adapts to the new accounting trends in the world. We also provide services such as establishment of new firms, authorization registration, assignment and replacement of managers, assignment of duties, capital increase, addition of profit to capital, change of entity types, share transfer and merging between firms etc. within the shortest possible time.
SERVICES PROVIDED WITHIN THE CONTEXT OF TAX LEGISLATION
TAX PROCEDURE LAW
Providing services for commencing and quitting business, change of address, activity declaration, registration of modifications and representing the firm at the conciliation board in case of tax penalties.
INCOME TAX LAW
Providing services for declaration of business income, declaration of earnings on stocks and bonds and real estate properties, tax deductions, preparation of cost of living allowance payrolls. Keeping the accounts and documents of firms in context of the laws they are subject to.
CORPORATE TAX LAW
Keeping books of foreign based and local firms, determining the profit-loss situation, calculation of taxes, providing services for refundments if necessary, providing services for liquidation, preparation and declaration of corporate tax returns and its attachments.
VALUE ADDED TAX LAW
Preparation and declaration of VAT returns, following up refundment process in cases of partial and complete exceptions and VAT deductions.
SOCIAL SECURITY REGULATIONS
SOCIAL SECURITY AND PUBLIC HEALTH INSURANCE LAW NO. 5510
Executing business place declaration forms, declaring employment of new workers and dismissals, declaring days of absence. In cases of tenders, calculating the amount of labour needed and executing tender guarantee process. Providing necessary work to be done in cases of examinations by authorities.
LABOR LAW NO. 4857
Obligatory declarations of empolyers and employees, preparation of payrolls, severance payments and providing services for other rights and liabilities. Providing help in cases of ispections..
GENERAL SHAREHOLDERS’ MEETING
Providing services for the general shareholders’ meetings of cooperatives, limited and corporate companies.
TAX COURT AND TAX LAW SOLUTIONS
Following up, resolving and finalizing the possible tax court process that might arise due to conflicts between authorities and tax-payers,
For foreign besaed firms that demand opening liaison offices in Turkey, applying to the Ministry of Economy, registering the office at the Trade Registry and Tax Office.
EMPLOYMENT OF EXPATRIATES
Preparing the application documents and following up the process of obtaining necessary permits for the expatriates demanding to work in Turkey. Making the obligatory declarations of these employees and registering them at the Social Security Administration. Preparing the payrolls, social security premiums and declaring them.
RESIDENCE PERMIT FOR FOREIGNERS
Preparing the application documents, following up the process of obtaining the residence permits for the foreign managers and shareholders of foreign companies and making the obligatory declarations.