Once you have established your company or set up your home in
Turkey and of course you want all your accounts and financial
documentation in order. You have to submit annual accounts to
the tax authorities every year, prepare an annual tax report
together with the annual tax return. If you do not submit those
documents/information or if they are incorrect then you can be
fined and the fines are at least 2000 USD.
You are subject to all this even if the purpose of your company
was to make one purchase of land. Turkish tax authorities are
strict in enforcing the law and conservative in their practises.
They often make inspections of companies even if there is no
suspicion of anything wrong.
It can be both difficult and complicated to keep up with and
understand the Turkish legal system when it comes to accounting.
There are a number of laws to be considered and regulations on
the implementation of those laws. It would take valuable time
from your other activities.
will provide you with services of reliable accounting firms and
ensure the quality of those services. You will not have to worry
that your accounts are in line with Turkish laws and regulations.
We will ensure that you are represented as a legal person in
front of number of Turkish institutions. Your accounts will be
in order and you can focus on other aspects of your business and
life in Turkey. And the best of all is that, like with all the
service we can provide you with, you have ONLY one contact
person from the “Expat
team and we direct you to reliable and competent providers of
the services you need. Therefore you as our client are our valued
partner as well.