TMF Group Turkey offers a range of accounting and tax services. If you are thinking to start a business or even expand your business into Turkey, these are the services that we normally provide:
We also provide assistance with the preparation of financial statements for audits, reviews and compilations. We can save you time by helping you to be completely prepared (e.g. books closed, supporting schedules prepared, accounting issues addressed, footnotes drafted) for periodic outside financial statement reviews.
A reduced rate of 8% is applicable to basic foodstuffs and pharmaceutical products
A reduced rate of 1% is levied on journals, newspapers, certain farm products and certain machines or equipment acquired under the Financial Leasing Law
A reverse-charge VAT at 18% is applicable to payments made to non-residents for professional services, and for use and sale of intangibles such as royalties and licenses.
Branch remittance tax: A 15% withholding tax is imposed on the after-tax profits of a branch remitted to the head office
Companies conducting research and development (R&D) activities between 1 April 2008 and 31 December 2023 can reduce their taxable income by 100% of R&D expenditure
An individual's annual net earnings and revenues are subject to individual income tax, which varies from 15% to 35%.
Since 1st January 2012, the investment incentives system has been comprised of four different schemes. Local and foreign investors have equal access to:
Please fill out the form below and we will respond as soon as we can.
Job enquiries made using this form are not considered. Click here for vacancies.
* indicates mandatory input fields
Our services can help companies of all sizes with HR and payroll, accounting and tax, corporate secretarial – whether a company wants to globalise, or whether they need support to streamline existing operations.
Working closely with the world’s leading tax advisors, accountancy firms and law firms, TMF Group is the partner of choice for capital markets activities.
Our specialist private client teams create and administer services for ultra-high net worth clients that will provide for extended families, manage multiple and complex cross-border assets, navigate tax and regulatory issues and plan for estate and business succession.
TMF QuickDocs is an online service which retrieves corporate documents from public registries around the world.
Get in touch with us below