Financial Services in Turkey

We support the financial management of your subsidiary in Turkey, which will be a critical advantage not only in the initial period but also during all your operations here.

About Financial Services in Turkey

We support the financial management of your subsidiary in Turkey, which will be a critical advantage not only in the initial period but also during all your operations here. Your staff will be able to fully focus on their business, and generate sales accordingly, without having to spend time with specific financial tasks they may have little experience with. You can benefit from the professional financial consultancy provided by us, without the need for hiring additional staff in this field.

Get in Touch with Us

Ms. Hande Bilgin
Head of Financial Services

Our Services for your Financial Management in Turkey

FMC Group built up 20+ years of experience in handling foreign companies’ all daily issues, which solves every question mark before it even comes up. Tax issues become easily understandable, the figures and reports will be presented in the way you need them. Working with FMC Group is like being in the same company, working strongly integrated together. The services are set up as a combination of the following areas:

Finance Consulting in Turkey

Our Finance Consultants are pleased to handle all your daily finance issues in Turkey in line with your needs. With the support of our senior staff, all bank, bookkeeping, tax, finance and payrolling tasks are solved before they even come up.

Accounting Outsourcing in Turkey

For legal reasons, bookkeeping, preparation and filing of tax returns, payrolls, and notifications to the social security institution are carried out by an external, legally authorized, independent, registered tax consultancy office.

We are controlling the documents and account details while managing and coordinating the bookkeeping tasks along with the other financial issues. Our competent, daily communication and consultancy enables cooperation that meets international requirements.

Bookkeeping Services

The bookkeeping consists of the following service items:

Keeping of the legally required books (general ledger and journal)
Recording of the incoming and outgoing invoices in line with the legally required uniform chart of accounts
Monthly updating of the accounts receivable and accounts payable
Keeping the register of fixed assets, and calculation of depreciation
Booking of the stock value and the costs of goods sold calculations according to official requirements, based on the stock amounts and value provided by our clients
Accounting reports in Turkish according to the legal requirements
Preparation and filing of tax returns

Monthly or quarterly withholding tax declaration (for taxes on wages or on third-party services)
Monthly VAT return
Quarterly prepaid corporate income tax returns
Annual statement of accounts according to official requirements
Annual corporate income tax return of the company
BA-BS notifications to the tax office

Financial Reporting in Turkey

Our senior consultants can carry out the adaptation, extension, or detailed analysis of the reports prepared by Accounting in English or German for our clients. Although we are not limited with the scope of reports, especially our following financial report types might be of high interest for your business in Turkey:

The reports can be adopted to IFRS or other international reporting standards. The differences of the local GAAP will be reflected transparent and understandable.

Payment Transactions

Our finance experts can handle all tasks related to payment transactions, planning, and controlling including:

Communication with banks
Invoices and cost controlling
Registration of all checked and approved invoices for payment planning
Cash-flow planning
Weekly execution of payment transactions: Settlement of due invoices via internet or through payment order by fax
Controlling and paying the employee expenses
Wage payments
Payment of taxes and social security contributions.

The transactions are prepared under the supervision of our senior staff, for the most comfortable proceeding preferred in line with the requirements of our clients.

Advantages of Financial Services in Turkey with FMC Group

The transactions are prepared under the supervision of our senior staff, for the most comfortable proceeding preferred in line with the requirements of our clients.

Even well-established companies in Turkey outsource these services to us because of our substantial experience
Experience with all types of reports for corporate groups
Qualified reporting team with know-how on the differences of local GAAP
Ability to make local GAAP differences transparent and understandable

So if you are planning to build up your business in Turkey or if you would like to have better finance and accounting management, for sure it would be worth having an unconditional and unbinding meeting with us.

Please feel free to be our guest, at any time!

Disclaimer: Although we carefully researched and compiled the above information, we do not give any guarantee with respect to the actuality, correctness, and completeness.

Our offices in Türkiye

Istanbul, European Side

Büyükdere Mh. Dede Yusuf Sok. No:11 TR-34453 Sarıyer,
Istanbul / Türkiye

You are currently viewing a placeholder content from Google Maps. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.

More Information

Unblock content Accept required service and unblock content

Istanbul, Asian Side

Kucukbakkalkoy Mah. Dudullu Yolu Cad. Brandium Residence R2 Blok K:27 D:254 34750, Atasehir, Istanbul / Türkiye