Accounting Records on Foreign Servers in Turkey
One of the questions foreign-owned companies in Turkey ask most often is whether running the group accounting software on a server abroad breaches Turkish tax rules. The short…
One of the questions foreign-owned companies in Turkey ask most often is whether running the group accounting software on a server abroad breaches Turkish tax rules. The short…
Short answer Individual income tax in Turkey is governed by Income Tax Law No. 193. Residents are taxed on worldwide income; non-residents are taxed only on Turkish-source income.…
Your Digital Finance Bridge from Local to Global in Turkey In the digitalizing business world, choosing the right ERP and accounting software plays a critical role in companies’…
In the intricate world of business, success is rarely accidental. It is the outcome of deliberate planning, informed decision-making, and effective control mechanisms. While financial accounting focuses outward—reporting…
OzbekCPA Assessment The European Green Deal is not merely an environmental transformation for companies; it represents a comprehensive shift that directly impacts financial reporting, cost structures, tax compliance,…
Legal Framework Regulations on Bookkeeping in Foreign Currency in Turkey are primarily governed by Article 215 of the Turkish Tax Procedure Law (VUK) and related secondary legislation. Under…
Delivery Note in Turkey is a mandatory commercial document regulated under Articles 230 and 231 of the Turkish Tax Procedure Law (VUK). The document evidences the physical movement…
The accuracy of a company’s financial records depends not only on proper bookkeeping but also on the regular verification and alignment of these records with third parties. Reconciliation…
For all companies operating in Türkiye, invoice issuance is a legal obligation governed by the Turkish Tax Procedure Law and related regulations. Managing invoicing processes accurately, timely, and…
Importance of Expense Accounts Within the Turkish Uniform Chart of Accounts (TDHP), the correct operation of expense accounts is essential for ensuring the reliability of financial statements. Particularly…