Centrum Turkey specializes in those areas which can be classified in 6 main services such as Tax, International Tax, Internal Audit and Management Consultancy, Independent Audit and Financial Advisory, Accounting (Outsource) and Social Security Consultancy.
TAX
1. Tax Auditing and Certification
Tax certification is a tool that significantly reduces the faulty or deficient practices which may arise during a possible tax inspection to be carried out by Turkish Ministry of Finance. Centrum provides the following services within the scope of tax certification:
• Reviewing legal books, documents and relevant financial statements within the framework of tax legislation provisions
• Correcting any faulty and complete deficiencies detected during audits
• Preparing interim audit and year-end audit reports and notifying the senior management
• Determining the compliance of advance tax statements and corporate tax statements against the tax laws
• Issuing corporate tax certification report and submitting it to the tax office
• Eliminating or minimizing all tax risks by the end of each fiscal period by reviewing all transactions and tax statements
2. Tax Consultancy
Centrum’s consultancy services aim for the guidance with respect to regulations and implementation as per the following issues:
• Tax review consultancy
• Tax dispute consultancy
• Practices related to tax laws
• Discussing tax planning possibilities concerning corporate tax, income tax and other taxes
• Sectoral Incentives and Supports
• Acquisition, transfer, division and liquidation processes
• Foreign Capital, Capital Market, Banking, Leasing, Factoring, Incentive, Exchange Regulations
• Consultancy related with Free Zones, Organized Industrial Zones and Technology Development Zones practices
• Custom Taxes
3. Indirect Tax Consultancy
Some taxes such as VAT and SCT (Special Consumption Tax) may significantly affect the cash flows and costs of the enterprises, and thereby have a crucial significance on them. Our company provides regulatory compliance audits and consultancy services with respect to the aforementioned taxes.
4. Vat Refund
VAT refund group of Centrum assists companies in their VAT refund requests. Centrum is composed of many experienced and specialized staff that strictly follows the procedures on Value Added Tax refund practices specified by the Turkish Tax Administration
INTERNATIONAL TAX
Centrum specializes in Transfer Pricing for various industries including but not limited to FMCG, Industrial Production, Energy, Construction, Media, Digital Platforms. Centrum provides end-to-end TP Restructuring, TP Documentation and other TP-related services such as APAs, Policy Studies. In addition, we also provide international tax services including M&As, Business Restructuring, Double Tax Treaties, Tax Planning and Optimization etc.
INTERNAL AUDIT AND MANAGEMENT CONSULTANCY
Internal audit,is an independent and objective assurance and consultancy activity aimed at improving the activities of an institution and adding value to them. In this context, our company develops solutions tailored to the needs of our clients, and provide following services respectively;
• Internal Control System - Internal Audit System Setup
• Internal Audit System Management and Development
• Internal Audit Quality Assurance Assessment
• Process Analysis and Control Services
• Enterprise Risk Management and Compliance
INDEPENDENT AUDIT AND FINANCIAL ADVISORY
Independent Auditing - Current economic conditions and repeated financial crises give prominence to concepts of sustainability and transparency for an increasing number of companies. These concepts are ensured by means of financial reporting and independent auditing pursued in line with the international standards.
Financial Advisory - Within our experienced team, we provide financial advisory based on your needs.
Assurance - Within our experienced team, we provide assurance services such as agreed upon procedures and Turquality.
ACCOUNTING (OUTSOURCE)
Accounting services simply include bookkeeping, reconciling accounts, closings, e-file tax returns and social security declarations
LABOR AND SOCIAL SECURITY CONSULTANCY
Our country is undergoing a dynamic process in which many reforms are made continuously within the field of social security as in the case of many other fields. Consulting services we provide in field of labor and social security are included help to understand compliance of practices, fulfil the legal liabilities and providing technical assistance in accordance with the Turkish Ministry of Labor and Social Security and Social Security Institution.
