ACCOUNTING NEWS
We summarise regulatory changes, digital accounting trends and practical highlights for business owners.
A joint stock company is a company whose capital is fixed and divided into shares, and which is liable for its debts only with its assets. Details on trade name and incorporation principles...
A limited liability company is a company whose capital is fixed and divided into shares and is liable for its debts only with its assets. What you need to know about partner liability and capital structure...
As of 1 October 2025, taxpayers who use fake or misleading invoices can no longer rely on the argument that they were unaware. Companies are expected to redesign their supplier due diligence and document controls.
Simplified taxation will be phased out in metropolitan areas, forcing many small businesses into the standard regime. The update highlights which sectors are affected, the transition timeline and key compliance actions.
Turkish companies exporting software, design and technology services may benefit from tax exemptions of up to 80%. To fully utilise these incentives, contracts, invoicing and proof of service delivery must strictly follow regulatory requirements.
In times of high inflation it becomes harder for financial statements to reflect the true position of a business. Inflation adjustment aims to restate long-term assets and liabilities so that companies can present more realistic performance figures.
Articles in this area provide general information only; you should always verify details against current legislation and official announcements.
