Account Support - Antalya Development

Accounting & Bookkeeping

Company management should prioritize their core business operations. By outsourcing financial and accounting processes, companies can more easily achieve their financial targets and concentrate on expanding into foreign markets, driving growth, and increasing profitability.

At Antalya Development, we specialize in offering consultancy and accounting services. Our team includes experienced, English-speaking accountants and certified public accountants who are ready to streamline your company's accounting and bookkeeping processes. This allows you to focus on your core business operations and achieve your financial and operational goals.

With over 15 years of expertise, we deliver the following premier accounting solutions:

• Consultative guidance on the Turkish Uniform Chart of Accounts
• Accurate bookkeeping aligned with the Turkish Uniform Chart of Accounts
• Maintenance of statutory books (journals, ledger, etc.) following the Turkish Uniform Chart of Accounts and Turkish Tax Procedural Code
• Comprehensive Management Reporting related to financial accounts (available in Turkish and in English)
• Support for e-ledger, e-invoice, and other electronic compliance requirements mandated by the Tax Authority
• Expert preparation and submission of tax returns to the Tax Authority
• Efficient payroll management

Tax Advisory

Under Turkish Tax Laws, we offer comprehensive tax consulting services to both domestic and foreign investor companies in Turkey. With our seasoned tax advisors and certified public accountants, we specialize in Tax Refund procedures, ensuring thorough completion and diligent follow-up on your behalf. Our team of English-speaking accountants is dedicated to the timely and precise preparation and submission of tax returns to the tax authority.

Our Tax Return Preparation Services include:

• Monthly VAT Return
• Monthly Reverse Charge VAT Return
• Monthly Stamp Tax Return
• Special Consumption Tax
• Monthly BA and BS Forms
• Monthly/Quarterly Withholding Tax Return
• Quarterly Advanced Corporate Income Tax Return
• Annual Corporate Income Tax Return and its attachments
• Yearly Income Tax Return

We deliver comprehensive outsourcing tax solutions customized to fit your company's requirements. If your company manages its internal accounting, we specialize in the following outsourcing strategies:

• Oversight and verification of monthly accounting records and supporting documents prepared by your internal accounting team, aimed at facilitating tax return preparation.
• Audit and validation of tax returns prepared internally by your company's accounting department.
• Compilation of VAT Return Lists.
• Consultation on tax matters and updates in tax legislation.
• Assistance with Tax Office Registration services.

Additionally, we handle Establishment Applications for various company types including Liaison Offices, Branch Offices, Project Offices, Limited Liability Companies, Joint Stock Companies, and others.

Foreign investors are increasingly drawn to launching businesses in Turkey. Antalya Development Office excels in establishing liaison offices, branch offices, project offices, and various corporate entities throughout Turkey. We deliver meticulous guidance throughout the entire establishment process. If you're uncertain about the optimal company type for your objectives and industry, our team is here to counsel you. Our English-speaking certified public accountants, tax consultants, and legal advisors ensure informed decision-making for your investments in Turkey.

Liaison Offices can be an ideal option for new investor companies. Establishing a Liaison Office in Turkey allows foreign investors to familiarize themselves with the Turkish market dynamics before committing to commercial activities. Moreover, they can benefit from tax advantages offered by the Government, paving the way for informed future decisions. . At Antalya Development, we are poised to counsel you on diverse company structures, ensuring you receive specialized guidance tailored to your requirements.

Here are some of our specialized solutions for Branch Office, Company, and Liaison Office establishment applications:

• Consultative expertise regarding suitable company types.
• Preparation of application drafts for establishment.
• Submission of establishment applications to relevant institutions for Liaison Offices, Branch Offices, Project Offices, or companies in Turkey, including oversight of registration processes with Tax Offices, Municipalities, and Fire Departments.
• Management of all bookkeeping, tax return preparation, and payroll processes.
• Compilation of annual Activity Reports and preparation of the Foreign Direct Investment Information Form required for submission to the Ministry of Economy annually.
• Application for time extensions to the Ministry of Economy (specifically for Liaison Offices).

Payroll Calculation

We excel in managing payroll requirements across diverse sectors. Our solutions cater to all types of companies with an extensive array of specialized solutions:

• Consultation on payroll matters and updates in Social Security Legislation
• Preparation of payroll documents
• Delivery of payroll slips via email or sealed envelopes
• Calculation of employee payments
• Customized payroll reports available in Turkish and English
• Preparation of Social Security E-Declarations
• Documentation preparation for new hires and departing employees
• Social Security registration and deregistration for employees
• Calculation of severance pay and indemnities
• Calculation of annual leave compensation
• Social Security registration for workplaces

Legal Advisory

Our Private Law Department stands prepared to support both domestic and foreign investor clients with a wide array of legal expertise.

Among the primary areas of expertise are: Real Estate Law, Direct Foreign Investment, Immigrational Law, Turkish Commercial Code, Code of Obligations, Labor Law, Tax Laws and Regulations, Residential Laws, Double Taxation Treaties, Incentive Regulations, Public Tender Law, Consumer Protection Law, and Competition Law.

Our Private Law Services Department offers a comprehensive array of services tailored to meet diverse legal needs:

• Consultation services for addressing legal issues and offering effective solutions
• Drafting agreements of various types and providing corresponding legal opinions
• Facilitating the establishment of Liaison Offices
• Assisting in the establishment of Branch Offices
• Managing the establishment of Companies (including Limited Liability and Joint Stock Companies)
• Preparing all necessary documents and agreements related to companies, such as Joint Ventures, Shareholder Agreements, Share Purchase Agreements, Employment Contracts, Loan Agreements, and Rent Contracts
• Drafting documentation required for Board of Directors and General Assembly Meetings of Companies
• Consultation on Tax Office Reconciliation Processes
• Guiding on fiscal and financial matters, contributing to risk management
• Assisting in obtaining necessary incentive documents for investments that meet eligibility criteria.
• Guiding a range of legal matters including Foreign Investors, Turkish Commercial Code, Labor Law, Law of Obligations, Tax Laws and Regulations, Residential Laws, Real Estate Law, Law on Debts and Receivables, and Double Taxation Treaties.

Work Permit & Residence Permit For Foreigners

Our proficient team, fluent in English, is dedicated to facilitating our clients in securing work permits and residence permits for their foreign employees in Turkey. With extensive experience assisting numerous Foreign Investor Companies, Associations, and Liaison Offices over the years, many of which are global leaders, we deliver invaluable insights and support throughout the work permit and residence permit application processes. Count on the Antalya Development Office for expert counsel in these pivotal procedures.

We deliver comprehensive support through every phase of work permit and residence permit applications. Here are some of the specialized solutions available from our Foreigners Section:

• Consultation to obtain work permits and residence permits in Turkey, along with detailed information on procedures and visa categories.
• Preparation and compilation of all necessary forms, required document lists, drafts, and submission letters essential for work permit and residence permit applications.
• Initiation of work permit applications through the Ministry of Labor's online system on behalf of employer companies.
• Submission of work permit application files to the Ministry of Labor and consistent monitoring of application status. Our experts visit the Ministry weekly to liaise with specialists and ensure continuous follow-up.
• Submission of residence permit applications through the Migration Management's online system on behalf of applicants.
• Notification and assistance with work permit extension applications for current permit holders.