Our founding partner has worked as a certified public accountant (SMMM) since 2003. Over this period we have taken on the financial affairs of businesses of different sizes and sectors, from sole proprietorships to companies, and from manufacturing to trade.
Besides filing your returns, our aim is that your records are up to date every month, that you can see your tax burden in advance and that you learn in good time about the regulatory changes that affect you.
Monthly accounting and bookkeeping
We record your purchase and sales invoices, bank transactions, cash and current accounts regularly every month. Depending on the type of your business, books are kept on a balance sheet basis or on an operating account basis; if you are within the scope of the e-ledger (e-defter), we make sure the ledger certificates (berat) are generated on time.
- Keeping the journal, general ledger and inventory records
- Checking bank, cash and current account reconciliations
- Period-end entries such as depreciation, rediscount and foreign exchange differences
- Year-end closing and preparation of the balance sheet and income statement
- Access to your documents through the client portal via online services
Tax returns and notifications
The VAT return is filed by the 28th of the following month, and the combined withholding tax and social security return (muhtasar ve prim hizmet beyannamesi) by the 26th. Provisional tax is filed in three periods a year (17 May, 17 August, 17 November), the annual personal income tax return by the end of March and the corporate income tax return by the end of April. If the deadline falls on a weekend or public holiday, it moves to the next working day.
Before each return we tell you the amount of tax that will be assessed and remind you of the payment date. For current deadlines you can also see our tax calendar page (in Turkish).
Regulatory monitoring and advisory
We monitor changes in tax legislation, in particular personal income tax, corporate income tax, VAT and stamp duty, and explain separately those that affect your business. We also help you respond to information requests and similar official letters from the tax office.
- Reviewing your contracts (lease, licence, dealership, share transfer, etc.) from a tax perspective
- Preparing advance ruling (özelge) requests to the tax administration on uncertain matters
- Calculating the tax effect of investment and financing decisions in advance
What we need from you
Regular and accurate accounting requires your documents to reach us on time. It is enough to send your invoices, bank statements and staff changes by the date we agree each month; in most cases we receive your e-documents directly through the system.
Who is it for?
- Limited and joint stock companies operating in and around Bursa
- Self-employed professionals and sole proprietorships
- Businesses that want to change their accounting firm and put their records in order
- Companies with foreign shareholders that want reporting in English
How does the process work?
- Step 1
Initial meeting
We discuss your activities, transaction volume and current accounting arrangements and identify your needs.
- Step 2
Proposal and contract
We set out the scope and fee in writing and sign the service contract.
- Step 3
Handover and opening
We take over the records and documents of previous periods and check the opening balances.
- Step 4
Monthly cycle
Your documents are recorded every month, returns are filed and you are informed of the tax assessed.
Frequently asked questions
How are accountants' fees determined in Bursa?
The fee depends on factors such as the type of company, the number of invoices and transactions per month, the number of employees and the use of e-documents. The minimum fee tariff set by the professional chamber is also taken into account. For a figure specific to your business, you can fill in the request a quote form.
I want to change my accountant. How does the process work?
You can change your accountant (mali müşavir) at any time during the year. The books, documents and copies of returns are taken over from your previous accountant, and the authorisations at the tax office and other institutions are transferred to the new accountant. During the handover we check the opening balances and report any gaps to you.
Which documents do I need to send each month for the accounting?
Paper purchase and sales invoices, expense documents, bank statements, cash movements and information on staff starting or leaving are needed every month. We can access a large part of your e-invoice and e-archive documents through the system. Sending the documents in the first week of the month makes it easier to prepare the returns.
Can I access my documents and tax returns online?
Yes. Through the online client portal we open for our clients, you can access your returns, tax assessments and the documents we share at any time.
Do you only work with businesses in Bursa?
We mainly serve businesses in and around Bursa, in particular Nilüfer, Osmangazi, Yıldırım, Mudanya, Gemlik and İnegöl. For foreign investors, we provide support throughout Turkey.