Making salary payments to a Turkish employee requires compliance with several tax and social security regulations, which may be more complicated than you are willing to […]

Foreigners may freely acquire property in Turkey subject to certain limitations and approvals. There are also incentives for foreigners. Up to 10% of each precinct by […]

Accounting and taxation involves human labor and interaction, and as such, it is prone to human errors. This is a universally accepted fact. It should be […]

As a foreign business owner, one of the most common mistakes you could make about the Turkish tax system is assuming that same rules apply in […]

Every tax system has some pitfalls. You will lose money if you do not carefully plan ahead, or work with an accountant that knows where the […]

Businesses engaged in trade or services are required to hire a licensed CPA if they are not larger than a certain size. The CPA takes care […]

Most foreign investors and businesses wishing to conduct business in Turkey will establish either a Limited company or an Anonim company. This is the proper way […]

The Turkish bookkeeping and reporting practice is heavily reliant on form over substance basis, which is a deviation from the modern reporting standards which promote substance […]