Hizmetlerimiz

Services (ENG)

Local and foreign companies aim to maintain their accounting records in accordance with Turkish legislation and the Uniform Chart of Accounts, following the completion of accounting entries. This involves generating reports, analyses, and interpretations tailored to the companies' needs to contribute to their efficiency.

Entering purchase, sales, and expense invoices, as well as receipts and payment vouchers, into the accounting system along with cash, check, bank, and current account transactions. Establishing the accounting system based on the characteristics of the sector in which the company operates.

Ensuring the compliance of all created accounting records with tax, social security, and other laws, and making corrections as necessary after verification.

Processing and verifying all accounts on the balance sheet after accounting entries, conducting shape and content checks, and reconciling accounts. Documenting reconciliations with working papers indicating current account status, audit notes, and pre-and post-adjustment situations.

Providing in-house training to address errors and deficiencies in accounting records due to knowledge, experience, and technical limitations.

Assessing the company's and industry's production capacity, market, raw material supply, financial situation, and similar criteria to determine how the company will be affected by economic fluctuations. Establishing monthly report standards and supporting the management of the process by analyzing these reports.

Preparing income, expense, profit, and loss budgets on a monthly, quarterly, semi-annual, and annual basis, comparing actual performance with budgets at month-end. Creating monthly balance sheets, income statements, conducting vertical and horizontal financial analyses to measure the company's creditworthiness with banks and other financial institutions.

Preparing VAT, withholding tax, stamp duty, provisional, income, and corporate tax returns in accordance with tax legislation, assessing and communicating the accrued amounts to the company for payment. Handling procedures related to opening, correspondence, correction, objections, password retrieval, and other transactions with Tax Offices and the Ministry of Labor and Social Security affiliated Social Security Institutions.

Preparing monthly attendance, earnings, additional earnings, deductions, etc., of employees to prepare monthly payroll sheets. Notifying the bank of the salaries and Minimum Living Allowance (MLA) amounts to be deposited.

Preparing and submitting SSI declarations, notifying the relevant department for accruals, and making payments.

DECLARATION SERVICES

VAT: Preparation, accrual, and declaration of VAT returns numbered 1 and 2, and comparative analysis of declaration values by months and years.

WITHHOLDING: Preparation, accrual, and declaration of withholding tax returns, and detailed reporting of items constituting the declaration.

INCOME: Preparation, accrual, and declaration of Annual Income Tax Returns for Commercial Income (1st and 2nd class Merchants and ordinary partnerships), Capital Gains (Interest, Dividends, buying and selling gains), Real Estate Capital (Rental Income), and other incomes.

CORPORATE: Preparation, accrual, and declaration of annual corporate tax returns for Full and Limited Taxpayers.

BANKING AND INSURANCE TRANSACTION TAX: Declaration, accrual, and reporting of Banking and Insurance Transaction Tax.

SSI: Monthly SSI declarations to the Social Security Institution, reporting of service lists, and accrual vouchers.

PAYROLL: Preparation of monthly payroll sheets for employees. Conducting monthly and annual reporting and analyses on the employer's cost.

BAĞKUR: Handling procedures for opening, closing, changes, corrections, and updates at Bağ-Kur.

Here's the translation:

Ensuring the compliance of all created accounting records with tax, social security, and other laws, and making corrections as necessary after verification.

Providing in-house training to address errors and deficiencies in accounting records due to knowledge, experience, and technical limitations.

Preparing and submitting SSI declarations, notifying the relevant department for accruals, and making payments.

DECLARATION SERVICES

VAT (KDV): Preparation, accrual, and declaration of VAT returns numbered 1 and 2, and comparative analysis of declaration values by months and years.

WITHHOLDING: Preparation, accrual, and declaration of withholding tax returns, and detailed reporting of items constituting the declaration.

INCOME: Preparation, accrual, and declaration of Annual Income Tax Returns for Commercial Income (1st and 2nd class Merchants and ordinary partnerships), Capital Gains (Interest, Dividends, buying and selling gains), Real Estate Capital (Rental Income), and other incomes.

CORPORATE: Preparation, accrual, and declaration of annual corporate tax returns for Full and Limited Taxpayers.

BANKING AND INSURANCE TRANSACTION TAX: Declaration, accrual, and reporting of Banking and Insurance Transaction Tax.

SSI (SSK): Monthly SSI declarations to the Social Security Institution, reporting of service lists, and accrual vouchers.

PAYROLL: Preparation of monthly payroll sheets for employees. Conducting monthly and annual reporting and analyses on the employer's cost.

Social Security Organization for Artisans and the Self-Employed (BAĞKUR): Handling procedures for opening, closing, changes, corrections, and updates at Bağ-Kur.

COMPANY ESTABLISHMENT AND ORGANIZATION SERVICES

Establishment of Foreign Companies (Joint Stock and Limited)
Opening of Branches or liaison offices of Foreign Companies
Establishment of Companies in Free Zones
Establishment of Joint Stock Companies
Establishment of Limited Liability Companies
Establishment of Ordinary Partnerships
Establishment of Sole Proprietorships
Company Transformation Processes (Transformation from Ltd. to Joint Stock Company or vice versa)
Capital Increase and Capital Paid Reports
Share Transfers
Change of Address
Opening of Branches, Warehouses, Displays, Factories, etc., as additional units attached to the main workplace
Ordinary and Extraordinary General Assembly Procedures of Joint Stock Companies
Financial General Assembly Procedures of Joint Stock Companies
Appointment of Company Authorized Signatories
Amendment of Articles of Association
Initiation of Liquidation Procedures
Completion of Liquidation Procedures

TAX CONSULTANCY

TAXATION OF REAL ESTATE CAPITAL INCOMES

Taxation of Residential Rental Incomes in TL and Foreign Currency
Taxation of Commercial Rental Incomes in TL and Foreign Currency
Refund procedures for excess withholding tax from commercial rental incomes
Taxation of Real Estate Capital Incomes obtained by Turkish Citizens Residing Abroad
Taxation of Rental Incomes obtained by Foreign Citizens in Turkey
Taxation of Real Estate Income obtained within the scope of Double Taxation Avoidance Agreements
Taxation of Family Members, Minors, and Incapacitated Persons
Consultancy on exemptions and exemptions regarding Real Estate Capital Incomes

TAXATION OF CAPITAL INCOMES

Taxation of Interest Income from TL and Foreign Currency Time Deposits
Taxation of Treasury Bill Interest Income
Taxation of Income derived from Eurobonds
Taxation of Capital Incomes obtained by Turkish Citizens Residing Abroad
Taxation of Dividends (Dividend Income)
Taxation of Repo Interest Income
Taxation of Stock Exchange Buying and Selling Gains
Taxation of Real Estate Buying and Selling Capital Gains
Taxation of Family Members, Minors, and Incapacitated Persons
Consultancy on exemptions, exemptions, etc. regarding Capital Incomes

TAXATION OF COMMERCIAL PROFITS (INCOME TAX)

Characteristics of Commercial Activities
Ownership Structure of Sole Proprietorships and special aspects in taxation
Taxation of First Class Traders subject to Balance Sheet Basis
Taxation of Second Class Traders subject to Operating Account Basis
Conditions for Transition from First Class to Second Class
Conditions for Transition from Second Class to First Class
Deductible Expenses in Determination of Commercial Profits
Expenses not deductible in Determination of Commercial Profits
Expenses deductible and not deductible according to Other Laws
Taxation of Construction and Repair Works Over Years
Determination and Exceptions of Commercial Profit (Exceptions such as PTT Agencies, Free Zone exceptions, Education and Training Enterprises exceptions, Exhibition Fair Exceptions, R&D exceptions, exceptions arising from the registration of Ships to the 2nd registry, Investment Deduction exceptions, exceptions within the scope of Law No. 5811)
Set-off of Losses Arising from Foreign Activities
Taxpayers of Temporary Tax
Temporary Tax Periods, Non-Included Gains, Determination of Basis for Temporary Tax, Situation of Inadequate Declaration of Temporary Tax, Documents to be added to Temporary Tax Return
Deductions from Income Tax Returns included in Annual Income (Insurance Premiums and Contributions Paid to Private Pension Companies, Education and Health Expenses, Donations and Contributions, Limited Deductions, Unlimited Deductions, Sponsorship Expenses, Research and Development Expenses, In-kind and Cash Donations related to Natural Disasters, Donations, and Sponsorship Expenses to Istanbul 2010 European Capital of Culture Agency, Other Donations and Contributions to be fully deducted according to other laws)
Offsetting of Calculated Tax against Tax Deduction and Refunding the Remaining Amount
Refund by offsetting
Refund in Cash
Offsetting of Taxes Withheld through Withholding against Temporary Tax
Offsetting and refund of Temporary Tax
Place and Time of Submission of Annual Return
Income Tax Declaration in Special Cases (Death, Missing, Disability)
Time and Place of Payment of Calculated Tax
Notifications and Documents to be Attached to the Declaration
Penalties for Failure to Submit Declaration

TAXATION OF CORPORATE PROFITS

Subject and Characteristics of Corporate Tax
Full and Limited Taxpayers and Their Characteristics in Corporate Tax (Capital Companies, Cooperatives, Economic Public Institutions, Economic Enterprises of Associations and Foundations, Joint Ventures, Revolving Capital Enterprises)
Exemptions in the Corporate Tax Law
Exemptions in Other Laws
Income Covered by Exemption According to the Corporate Tax Law
Other Exemptions in Other Laws
Exemptions Granted by International Treaties and to International Organizations
Application of Exemptions and Important Issues
Determination of Net Corporate Income
Deductible Expenses in Determining Net Corporate Income
Set-off of Losses in Determining Net Corporate Income
Other Deductions in Determining Net Corporate Income
Expenses Not Legally Accepted in Determining Net Corporate Income
Time, Place, and Documents to be Attached for Declaration Submission
Status of Tax Deductions Made through Withholding during the Year
Refund and Set-off of Tax Receivables

OUTSOURCING (EXTERNAL SOURCING) SERVICES FOR INTERNAL COMPANY - TEMPORARY OR PERMANENT

EXTERNAL SOURCING SERVICES

Payroll
Current Account Reconciliations
Entering Bank Records
Entry of Intra-month Documents and Transactions
Internal Audit
Reporting
Analysis
Establishment of Accounting System
Establishment of Financial System
Establishment of Cost System for Efficiency and Profitability Boost