Finlexia is a globally recognized Turkish Accounting Firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our Turkish accountants are prepared to handle your company’s Mergers and Acquisitions in Turkey. Finlexia handles all kinds of accounting services required to run your company in Turkey. We offer the best accounting services, at competitive prices to foreign businessmen who already established or getting ready to establish a company in Turkey.

Mergers and Acquisitions in Turkey

Our Turkish mergers & acquisitions services attorneys are prepared to handle your company’s merger and acquisition transactions. We have extensive experience representing clients involved in all types of mergers, acquisitions, joint ventures and other strategic alliances, with exceptional expertise in cross-border transactions. We have represented clients involved in merger and acquisition transactions from large to small and from simple to extremely complex. Our typical activities in these transactions include:

  • Drafting and negotiating asset purchase, stock purchase and merger agreements,
  • Preparing filings under applicable securities laws,
  • Counseling boards of directors, special committees and in-house counsel in acquisition related matters,
  • Representing investment banking firms in connection with their fairness opinions with respect to these transactions,
  • Handling exchange offers, tender offers, proxy contests and going private transactions

Our acute focus on each client’s unique needs leads us to approach each transaction with an interdisciplinary team of attorneys tailored to the specific transaction, handling the various corporate, securities, intellectual property, litigation, employee benefits, tax, environmental, antitrust, and other issues inherent in mergers and acquisitions.

Mergers and Acquisitions in Turkey

Mergers & Acquisitions Proceedings

We have unsurpassed experience counseling business enterprises in a wide range of negotiated and contested transactions including: mergers, asset purchases, spin-offs, exchange offers, tender offers, proxy contests, going-private transactions, and leveraged buy-outs. We represent publicly and privately held companies, as well as private equity investors, in complex matters such as joint ventures, strategic alliances and cross-border transactions. And we also have extensive experience representing acquirers, private equity funds and targets in all manner of transactions, including mergers, stock purchases, recapitalizations and tender and exchange offers.

Turkish Accounting Services

After registering a new company in Turkey, you will need to hire an accountant in order to manage the financial issues and offer solutions to lower the costs for your business. A good accountant will help you save money and make your company more efficient in terms of costs. In a short time, if your company is managed well from all points of view, the profit will increase.

An experienced accountant knows all the rules and regulations related to your business activity and will offer you the best advice in order to protect your money. Before hiring an accountant, you should check if he/she is registered before an accounting body in Turkey, so you will be sure that he/she is a professional and you can trust him.

Turkish Accounting Services

Accounting Services in Turkey

The accountant will prepare financial statements for tax return, make an audit, will be responsible for book-keeping and financial planning and other different accounting services. He can help you with services such as:

  • Payroll
  • Tax registration and compliance
  • Annual tax fillings
  • Consolidation
  • Tax returns
  • Debt monitoring and risk assessment

The accountant you choose can represent you in front of the Turkish authorities and can act on behalf of you in the financial field. He will help you manage your business related to accounting even if you can’t spend too much time in Turkey. When you are abroad, the accountant will offer professional assistance with business management and he can take care of the property administration.

One Accountant or a Team Of Accountants?

You can choose to hire one accountant if you have a small business or an accounting firm if you run a large company. A team of accountants with different backgrounds can provide a wide range of financial services and will find the best solutions to grow your profit and lower your costs. The accountants will inform you anytime about the income, costs and taxes and they will offer you confidentiality regarding the financial documents.

An experienced team of accountants can offer you studies and analysis in order that you can choose the best ways to manage your business and to obtain the best results. Besides this information, the team provides regular updates related to the Turkish legislation and regulations that can be changed year after year and can have a great impact on your business outlook.

Whenever you need accounting services in Turkey, you can contact our specialists in company formation who can help you hire the best accountant for your business, at low costs. If you have a large business we can recommend you an accounting firm or a team of experienced accountants.

Company Formation in Turkey

Today, clients are faced with unprecedented challenges as new laws and regulations are changing the way the corporate world works. Finlexia Accounting Firm has one of the preeminent corporate governance practices in Turkey, drawing upon the expertise of our corporate, securities, governance, litigation, and compensation specialists to provide our clients with the information and analysis needed to respond to a rapidly changing regulatory environment.

We regularly advise clients with respect to the formation of companies. Our services with respect to company formation include advising and drafting documents in connection with the formation of corporations, limited liability companies, and liaison offices. We provide targeted advice with respect to both the choice of entity and Turkish laws under the entity is to be organized.

Company Formation in Turkey

Types of Companies in Turkey

Our company formation team is experienced in formation and governance of;

in Turkey. We maintain a unsurpassed practice counseling and representing large and small companies and boards of directors regarding entity formation and corporate governance matters. We advise our public and private clients on all matters concerning formation of new entities from corporate formalities to tax issues.

We also advise our company clients on a full range of new laws and related matters, as well as other corporate governance rules. Our clients range from small private companies with no internal legal staff to medium size companies with their own internal legal staff. For each of our clients we tailor our approach to that client’s unique requirements.

Due Diligence In Turkey

At Finlexia, we have the experience and knowledge necessary to assist our clients with virtually any type of corporate transaction. Conducting business transactions, engaging in property acquisitions and hiring new employees, should be carefully and thoroughly investigated before committing your business to any legal obligation. At Finlexia Accounting Firm, we help business owners with a wide range of corporate law topics, including due diligence reviews. We can help you with due diligence reviews if your business is:

  • Looking to acquire another business
  • Being approached by an investor who wants to purchase your business
  • Looking to make a substantial investment
  • Looking to hire a high-level employee

Due Diligence in Turkey

Turkish Due Diligence Proceedings

There are many factors to look into when performing a due diligence review of another company, including examining:

  • Financial information
  • Bylaws and articles of incorporation
  • Trademarks and other intellectual property
  • All physical assets
  • Employment matters
  • Tax issues
  • Past litigation
  • Information about the company’s customers

An experienced business attorney knows where to look for information that is crucial to the future of your business venture. We have been helping business owners with their most critical legal needs since 1992.

Foreign Investment Laws in Turkey

As the complexity of Turkish foreign investment laws and business transactions continues to increase, Finlexia Accounting Firm’s experts advise clients how to effectively navigate this difficult terrain by developing creative, practical and cost-effective solutions to investing in Turkey. Our foreign investment lawyers use their in-depth knowledge and expertise to help our clients achieve their business goals and objectives in the most tax-efficient manner.

As the 16th largest economy in the world and 6th in Europe, and with a growth average rate of 4.8% per year for the last 8 years, Turkey has attracted an approximate of 100 billion dollars of foreign direct investment over the last ten years.

Foreign Investment Laws in Turkey

Our Services for Foreign Investment in Turkey

Finlexia Accounting Firm has the most extensive legal expertise and a great track record to help foreign investments to be smooth and efficient processes. More than 60% of our clients are foreign investors operating in Turkey. Accordingly, our expertise assisting foreign investors is among the most prominent in Turkish legal market.

In addition to a wide range of legal services that foreign investors may need, Finlexia Accounting Firm also acts as a guide for investors assisting them to understand the legal and economic environment of Turkey. Finlexia Accounting Firm supports its clients directly or with reliable referrals for any additional services that may be needed including virtual office formations, outsourced accounting and tax submissions.

In Turkish legal practice, not many Turkish law firms offer a strong litigation team and full variety of dispute resolution services along with professional consulting and corporate law services. Finlexia Accounting Firm is among few offices proudly stating litigation as one of its strong-suits. We try cases virtually in all areas of trial practice and across a wide range of issues. Our litigation department is well equipped to handle any types of inquiries and we aggressively pursue and promote the interests of our foreign investor clients in any dispute and before all available venues.

Foreign Investment Incentives In Turkey

We have an open office policy for our litigation services. We work closely with our foreign investor clients and keep them informed at all stages. We assist and lead them to make informed strategy decisions.

Our wide range of litigation services are not limited with but contain subjects of corporate and commercial litigation, breach of contracts, product liability and consumer protection, torts, labor and employment, white collar crimes, real estate and construction disputes, tax, regulatory and administrative fines and measures.

We offer our corporate and individual clients assistance for obtaining work and residence permits both for independent purposes or for employees inclusive of their immediate family members. We help for drafting and filing necessary documents and submissions to relevant authorities and our associates escort expatriates and their families when their actual presence is required. In cases of rejections for permission applications, fines issued by administrative authorities or deportation issues including ban of access, we offer our clients representation for litigating against such decisions or measures.

Here at Finlexia Accounting Firm, we aim to help our foreign clients to feel the comfort of concrete and swift legal support as if they were home.

The attorneys at Finlexia Accounting Firm are committed to providing our clients with the highest quality of representation. Our attorneys practice with professionalism, commitment to excellence, and detailed preparation to achieve clients objectives.

Legal Services in Turkey

Bet-the-company litigation looks different to every size of organization, which means that a one-size-fits-all approach to litigation does not exist. For a large global organization, millions of Turkish Liras may be at stake; for a small, entrepreneurial company, a swipe at last year’s revenues could close doors. We are sensitive to these nuances. As skilled, experienced and creative trial lawyers, we handle business litigation of all sizes while keeping an eye on the efficiencies that keep legal services cost-effective.

Legal Services in Turkey

We Provide Legal Solutions Proportionate To Your Needs

Teamwork, responsiveness and flexibility are not hollow buzzwords to us; they have stood as the core of our business since we opened our doors more than 25 years ago. Our lawyers are not rewarded for hoarding work. Instead, we reward excellence and collaboration. That helps us stand out from the crowd but, more importantly, helps us serve our clients with the most effective and efficient legal services possible. In fact, we have received multiple honors for our approach to client service.

Turkish Payroll Services

After registering a new company in Turkey, you will need to hire an accountant & CPA in order to manage the financial issues and offer solutions to lower the costs for your business. A good accountant will help you save money and make your company more efficient in terms of costs. In a short time, if your company is managed well from all points of view, the profit will increase.

Turkish Payroll Services

An experienced accountant knows all the rules and regulations related to your business activity and will offer you the best advice in order to protect your money. Before hiring an accountant, you should check if he/she is registered before an accounting body in Turkey, so you will be sure that he/she is a professional and you can trust him.

Social Security Services in Turkey

The three insurance funds, namely SSK, Emekli Sandigi and Bag-Kur, were merged under a sole body called the Social Security Institution (SSI) in 2007. The three insurance funds together cover around 81% of the population as of 2008. The system started to be fully operational at the beginning of 2008.

Social Security Premium Payments

Social security premiums (as a percentage of employee’s gross earnings) are payable by both employers and employees.

Turkish Social Security System

Foreigners making social security contributions in their home countries do not have to pay the Turkish social security premiums if there is a reciprocal agreement between the home country and Turkey.

Social Security Services in Turkey

Unemployment Insurance Premium Payments

Employees, employers and the state are required to make a compulsory contribution to the Unemployment Insurance Plan at the rates of 1%, 2% and 1%, respectively, of the gross salary of the employee. Like the social security premium payments, unemployment insurance premiums are also to be paid on a monthly basis. Employers are able to deduct such contributions from their taxable income. On the other hand, an employee’s contributions are deductible from the income tax base of the employee.

A foreign individual who remains covered under the compulsory social security system of his/her home country that has a social security agreement in effect with Turkey is not liable for insurance payments to the Turkish social security. The proof of foreign coverage is to be filed with the local social security office. If the employee is not subject to a foreign social security, full contributions will generally be imposed. Unemployment insurance premiums are declared and paid to the Social Security Institution together with social security premium contributions.

Turkish Tax Law

Our accounting firm provides a wide range of services designed to provide effective tax compliance and advice, aiming to give your business a competitive advantage both in local and international context.

At Finlexia, we provide tax certification, audit and consultancy services on a local and global scale. Using our in-depth experience and knowledge, we are providing competitive analyses and alternative solutions to our clients while offering them services in terms of compliance to financial legislation.

Every day – somewhere in the world – tax regulations, rules, and treaties change. Strategies that reduced taxes yesterday may not work today. New opportunities to save money could be missed – especially as you enter new markets. The talented tax staff in your organization might not have time to keep up with each nuance. Your current tax advisor may think your company is too small for personal attention – or your advisor may be too small to serve you.

Successful companies consider tax implications before they make business decisions, so they do not pay more than their legal obligation. This makes international tax compliance, consulting, and structuring a crucial element in your global strategy.

Turkish Tax Law

Tax Law Services in Turkey

The accountant will prepare financial statements for tax return, make an audit, will be responsible for book-keeping and financial planning and other different accounting services. He can help you with services such as:

  • Corporate tax consultancy
  • Tax audits – Tax certification and other Sworn financial advisory services
  • Tax and customs litigation
  • Global compliance
  • Human resources
  • Legal services
  • VAT advisory and VAT refunds
  • Foreign trade, customs and indirect
  • Tax Consultancy in transfer pricing
  • Tax Due Diligence
  • Expatriates Tax Consultancy

Turkish Work Permit Law

Applications for Turkish work permit are made through e-Government portal of Turkey. The automated work permit application system enables the users to fill the online work permit application form and upload necessary documents into the system. Once online application is made through the e-government portal, the employer is required to make direct application to the Ministry by mail or in person.

Duly applications are finalized by the Ministry at most thirty days and once the decision is made, the ministry informs the applicant through e-mail. Foreigners residing outside the Turkey can make their work permit applications through the Turkish representative offices in their home countries. In the existence of residence permit valid for at least 6 months, foreigners residing in Turkey can make their applications directly to Ministry of Labor and Social Security.

Turkish Work Permit Law

Foreigners Residing Outside of Turkey

Foreigners residing outside the Turkey are subject to apply for Turkish work permit from the representative offices of Turkey in their own countries. Pursuance to work permit application of foreigner, within 10 working days the employer should process both online and direct applications to the Ministry of Labor and Social Security in Turkey. Once the approval from the Ministry is granted, foreigners are required to apply for work visa to the Turkish representative office within 90 days.

As per new rules on residence permits, valid working permissions will be now used as residence permits as well. Thus work permit validity requirement of residence permit application within 30 days upon obtaining the work permit (for consulate applications 30 days was starting upon arrival of work permit holders) will be outlawed. On the other hand the same as work permits, “Work Permit Exemption Certificates” will also be used as residence permits.

Foreigners Residing Inside Turkey

Foreigners with residence permit valid for at least 6 months may make their applications to the Ministry of Labor and Social Security internally. Internal applications are made by the employer directly to the Ministry. Once the online application is submitted, the employer is required to make direct application to the Ministry within 6 working days.

Turkish Work Permit Extension Applications

Extension application of the work permit period is made to the Ministry of Labor and Social Security. As Internal applications, after submitting online applications, direct application to ministry should be made within 6 working days. The application for extension should be filed within 2 months before or 15 days after the expiry date of the work permit. After 15 days period, the applicant no longer may request for extension and the application is regarded as initial application.

Resident Permit Application in Turkey

Foreigners who intend to stay in Turkey for a period longer than permitted in their visa, visa exemption, or for more than ninety days must obtain a residence permit.

Short-Term Residence Permit for Foreigners

To apply for a short-term residence permit, foreigners who own real estate in Turkey or will establish a business or commercial connections in Turkey must submit the following documents to the relevant Provincial Directorate of Immigration Administration (Göç İdaresi) after the application is made through the e-residence system. Short-term residence permits are issued for a maximum of two years. A residence permit is invalidated if it is not used within six months.

Documents for Initial Application

  • Residence permit application form
  • The original and a copy of the passport or travel document
  • Four passport-size photographs
  • Declaration regarding sufficient and sustainable financial resources for the duration of the stay (Stated in the application form. The authority may request supporting documents.)
  • Official document regarding the applicant’s ownership of the residence
  • An invitation letter or documents of such written by the person or companies to be contacted
  • Valid medical insurance

Documents for Extension

Applications for an extension of the residence permit may be made within sixty days prior to its expiration, but under no circumstances may this be done after the expiry date. For the extension, foreigners are required to apply for a residence permit through the e-residence system. The completed application and required documents should be sent to the related Provincial Immigration Administration Office (Göç İdaresi) by mail within five days. 

  • Residence permit application form
  • The original and a copy of the passport or travel document
  • Submission of the previous residence permit document
  • Two passport-size photographs
  • Declaration regarding sufficient and sustainable financial resources for the duration of the stay (Stated in the application form. The authority may request supporting documents.)
  • Official document regarding the applicant’s ownership of the residence
  • An invitation letter or documents of such written by the person or companies to be contacted
  • Valid medical insurance

Long-Term Residence Permit for Foreigners

For a long-term residence permit, foreigners that have continuously resided in Turkey for at least eight years should submit the following documents to the relevant Provincial Directorate of Immigration Administration (Göç İdaresi):

Documents for Initial Application

  • Residence permit application form
  • The original and a copy of the passport or travel document
  • Submission of the previous residence permit document
  • Two passport-size photographs
  • The document showing that the applicant has not received any social aid from governmental institutions and organizations in the last three years
  • Declaration regarding sufficient and sustainable financial resources for the duration of the stay
  • Police record document
  • Valid medical insurance

Long-term residence permits are issued indefinitely.

Reach us for Mergers and Acquisitions in Turkey

Since its foundation, Finlexia Turkish Accounting Firm has been the choice of numerous clients in Turkey. Thanks to its nationally recognized accountants and accounting services, our accounting firm is now one of the leading accounting firms in Istanbul, Turkey. You may reach our accountants and lawyers for Mergers and Acquisitions in Turkey by sending by sending an email or filling in Contact Form in Contact page.