IFRS and TFRS in Turkey
What are IFRS and TFRS?
IFRS (International Financial Reporting Standards) and TFRS (Turkish Financial Reporting Standards) are essential frameworks that ensure companies prepare transparent, reliable, and internationally comparable financial statements. While IFRS is a global standard, TFRS is a localized version tailored to Turkey’s regulations. Both aim to provide investors and stakeholders with accurate financial data, improving transparency and reducing risks. Companies subject to independent audits, publicly traded entities, and international ventures must comply with these standards to ensure their financial reporting aligns with global best practices.
Independent Audit in Turkey
Independent Audit Services in Turkey
Independent audits are essential for ensuring the transparency and reliability of financial statements in Turkey. At OzbekCPA, we offer expert audit services tailored to your business, ensuring compliance with international accounting standards and Turkish legal requirements. Our team, authorized by the Public Oversight, Accounting, and Auditing Standards Authority (KGK), provides customized audit solutions based on your sector and business activities. Whether you’re a publicly traded company or part of a regulated sector like finance or energy, our independent audit services help ensure your financial reports are accurate, transparent, and trusted by stakeholders.
ERP Solutions for Businesses in Turkey
Discover how OzbekCPA can help your business streamline operations and enhance efficiency with tailored ERP solutions. From selecting and implementing systems like SAP, Microsoft Dynamics, and NetSuite, to optimizing your financial and accounting processes, we ensure seamless integration that drives business performance. Let us guide you through the process of choosing the right ERP solution for your specific needs
Establishing a Liaison Office in Turkey
Establishing a Liaison Office in Turkey: Requirements and Benefits
Foreign companies looking to expand into the Turkish market can establish a liaison office, also known as a representative office, with approval from the Ministry of Industry and Technology. While these offices cannot engage in commercial activities, they offer a strategic entry point for market research, promotion, and technical support. This article covers the key benefits, permissible activities, and essential documents required to set up a liaison office in Turkey, along with the steps for obtaining a license and renewing it for continued operations. Learn how to navigate the process and explore the advantages of opening a liaison office in Turkey.
Establishing a Branch in Turkey
Establishing a branch in Turkey offers foreign companies a gateway to one of the world’s most dynamic markets. This comprehensive guide provides all the essential information on the required documents, legal procedures, and compliance steps for branch registration, address changes, manager appointments, capital increases, and liquidation processes. Whether you’re planning to expand your global footprint or streamline your operations in Turkey, our detailed breakdown ensures a smooth and hassle-free process. Stay informed with expert insights and practical advice tailored for foreign-based companies navigating Turkish business regulations.
Establishing a Limited Liability Company in Turkey
Get expert guidance on company registration, limited liability, company general assembly resolutions, and corporate procedures in Turkey. Contact us for tailored legal advice to navigate Turkish corporate law smoothly.
Establishing a Joint-Stock Company in Turkey
Trade Registry Office Procedures: A Comprehensive Guide
This guide provides detailed instructions for completing various transactions at the Trade Registry Office in Turkey. From establishing a joint-stock company to handling address changes, branch openings, capital increases, and more, we walk you through the essential steps, required documents, and key processes. Visit the official website for additional details and to schedule your appointment.
Net to Gross Salary Calculation in Turkey
Effortlessly navigate salary calculations in Turkey with our 2024 Salary Calculators. Whether you’re an employer or employee, determine gross-to-net salaries, income taxes, and total employer costs with precision. Stay informed and ahead with our accurate, user-friendly tools.
Total Employer Cost Calculation in Turkey
Calculators Effortlessly calculate gross-to-net salaries, income taxes, and total employer costs with our all-in-one Turkey Salary Calculators. Stay ahead in 2024 with accurate, up-to-date tools tailored for employers and employees alike. From net-to-gross conversions to understanding your tax liabilities, we’ve got you covered Gross to Net Salary Calculation Net to Gross Salary Calculation Income Tax […]
Income Tax Calculation in Turkey
Use our Turkey Salary Calculators to effortlessly calculate gross-to-net salaries, income taxes, and total employer costs. Stay up-to-date with accurate tools for 2024, covering net-to-gross conversions and tax liabilities.
