Finlexia Accounting Firm in Istanbul, Türkiye

Accounting Services for Companies in Türkiye: Top 2026 Guide

Operating a business in Türkiye requires meticulous financial management and strict compliance with Turkish accounting standards and tax regulations. Whether you’re establishing a new venture or managing an existing enterprise, professional accounting services are essential for maintaining financial health, ensuring regulatory compliance, and driving sustainable growth.

At Finlexia Turkish Accounting Firm, we have been delivering comprehensive accounting & bookkeeping solutions to domestic and international clients since 2017, combining legal expertise with financial precision.

Finlexia Accounting Firm Team in Istanbul, Türkiye
Finlexia Turkish Accounting Firm Team

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Operating a company in Türkiye requires more than commercial insight; it demands strict adherence to a sophisticated accounting and regulatory framework. As of 2026, Turkish accounting standards, tax regulations, and corporate governance rules continue to evolve in line with international practices while retaining strong local compliance requirements.

For foreign investors and domestic entrepreneurs alike, professional accounting services are not optional—they are a core pillar of sustainable business operations.

Accounting Services for Companies in Türkiye

As Finlexia Turkish Accounting Firm, a full-service company formation and governance firm based in Istanbul and serving international clients since 2017, we provide integrated accounting services designed to support legal compliance, financial transparency, and long-term growth.

All companies incorporated in Türkiye are required to maintain statutory accounting records in accordance with the Turkish Commercial Code (TCC), Tax Procedure Law (VUK), and applicable communiqués issued by the Ministry of Treasury and Finance. Depending on company size and sector, financial statements may also need to comply with Turkish Financial Reporting Standards (TFRS), which are closely aligned with IFRS.

Accounting records must be kept in Turkish, in Turkish Lira, and using approved accounting software. Non-compliance may result in administrative fines, tax penalties, denial of expense deductions, or director liability. Consequently, accounting services in Türkiye are closely intertwined with legal advisory and corporate governance.

From the moment of incorporation—whether through company formation in Türkiye or a subsequent restructuring—accounting setup must be handled with precision.

Scope of Accounting Services for Companies in Türkiye

Professional accounting services go far beyond basic bookkeeping. At Finlexia Turkish Accounting Firm, our services are structured to cover the entire corporate lifecycle:

  • Establishment of accounting systems and chart of accounts
  • Day-to-day transaction recording
  • VAT, withholding tax, and corporate tax calculations
  • Monthly and quarterly tax filings
  • Preparation of financial statements
  • Liaison with tax offices and authorities
  • Support during tax audits and inspections

These services are particularly critical for foreign-owned companies that may not be familiar with local practices and language requirements.

Accounting Support During Company Formation

Accounting considerations begin at incorporation. Decisions such as capital structure, shareholder arrangements, and management models directly affect accounting and tax obligations.

Whether establishing a limited liability company formation or a joint stock company formation, early accounting planning ensures compliance from day one. This includes:

  • Registration with the tax office
  • Appointment of a certified public accountant (SMMM)
  • Setup of statutory books (journal, ledger, inventory book)
  • Initial capital and expense recording

Our legal and accounting teams work together to ensure that company formation is seamless and compliant.

Ongoing Accounting and Bookkeeping Services

Accurate and timely bookkeeping is the foundation of financial transparency. Turkish companies are required to record all commercial transactions chronologically and in compliance with tax legislation.

Our accounting & bookkeeping services include:

  • Recording invoices, expenses, payroll, and bank transactions
  • Monthly reconciliation of accounts
  • Inventory and fixed asset tracking
  • Management reporting tailored to shareholder needs

These services help company directors meet their fiduciary duties while providing investors with reliable financial information.

Tax Compliance and Financial Reporting

Accounting services in Türkiye are closely linked to tax compliance. Companies must submit regular declarations, including VAT, withholding tax, provisional corporate tax, and annual corporate income tax returns.

In addition, companies are required to prepare annual financial statements and, where applicable, submit an annual report filing in accordance with the Turkish Commercial Code. Errors or delays can trigger tax audits and penalties.

Our accounting teams coordinate with legal advisors and Turkish company formation lawyers to ensure full alignment between financial reporting and legal obligations.

Accounting and Corporate Governance

Sound accounting practices are a cornerstone of effective corporate governance. Transparent financial records support board oversight, shareholder rights, and regulatory compliance.

For joint stock companies, in particular, accounting data plays a central role in:

  • General assembly meetings
  • Dividend distribution decisions
  • Capital increases or decreases
  • Related-party transactions

Finlexia CPA integrates accounting services with governance advisory to ensure that financial practices support lawful and strategic decision-making.

Corporate Bank Account Opening in Türkiye

Contractual and Banking Integration

Accounting does not operate in isolation. Commercial contracts and banking relationships have direct accounting and tax implications.

When supporting clients with contract drafting & review, our teams assess financial clauses such as pricing, payment terms, penalties, and tax allocation to ensure accounting consistency.

Similarly, during bank account opening procedures, we align banking documentation with accounting records to ensure proper transaction tracking and regulatory reporting.

Why Professional Accounting Services Are Essential in Türkiye

Outsourcing accounting services to qualified professionals offers several advantages:

  • Reduced compliance risk
  • Predictable tax planning
  • Accurate financial forecasting
  • Enhanced credibility with banks and investors
  • Efficient interaction with Turkish authorities

For foreign investors, professional accounting support is essential to bridge regulatory, linguistic, and cultural gaps.

Why Finlexia Turkish Accounting Firm

Since 2017, Finlexia Turkish Accounting Firm has advised international and domestic clients on company formation, governance, and ongoing compliance in Türkiye. Our accounting services are delivered in close coordination with our legal teams, ensuring a holistic approach to corporate operations.

We serve clients in multiple languages and tailor our services to the specific needs of each business, from startups to multinational subsidiaries.

If you require reliable, compliant, and strategically aligned accounting services for your company in Türkiye, we invite you to contact Finlexia Turkish Accounting Firm. Our experienced legal and accounting professionals are ready to support your business at every stage of its operations.

Since 2017, Finlexia Turkish Accounting Firm has remained Istanbul’s trusted partner for business establishment and financial compliance.

Beyhan Akkas, CPA & Accountant

Contact us for Accounting Services for Companies in Türkiye

Managing your company’s accounting requirements in Türkiye doesn’t have to be complicated. Whether you’re establishing a new business, expanding operations, or seeking to optimize your existing financial management, Finlexia Turkish Accounting Firm is here to help.

Our experienced team of accounting professionals and legal experts provides comprehensive, multilingual support tailored to your specific needs. Contact us today to discuss how our professional accounting services can support your business success in Türkiye. Let us handle the complexity of Turkish accounting regulations while you focus on growing your business.