Register – Muhasebe News

An employee will work outside of the city that our headquarters is located.

MuhasebeNews — Wed, 30 Jan 2019 14:54:30 +0000

Our newly established incorporated company in İstanbul bought a boat to rent and to organize tours for companies and clients. The port of registry is Datça Marina. We will employ a captain for the boat. Where should we open his insurance file? Can we open it in the city where the company’s headquarters is located? The employee will reside and work in Datça.

You have to hand in the statement of employment in the SSI that Datça Marina is affiliated. Or else, because of the change in the address, you might be subject to the provisions of Identity Notification Law.

Source: İSMMMO
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

How should I register the scrapping bonus on the invoice of a new passanger car?

MuhasebeNews — Thu, 27 Dec 2018 13:37:22 +0000

My taxpayer bought a new passanger car. They drew out an invoice by counting the VAT and Special Consumption Tax (SCT). However, ‘’…your junk car with plate received the SCT discount and the SCT won’t be applied’’ is stated on the invoice. We don’t own such a ‘junk’ car, so how should I keep the accounting record?

If you don’t own a junk car, TRY 10.000 shall be reduced from the calculated SCT and then rest of the amount shall be written as expense.

Within how many days are we required to register the foreign employee, for whom we have obtained a work permit, for insurance?

MuhasebeNews — Wed, 05 Dec 2018 08:00:23 +0000

Regarding the statement of employment of the emloyee for whom a work permit has been obtained, the work permit has been approved. The date of the work permit is 26/11/2018. It was delivered to us by cargo. I will make a statement of employment. Normally, the registration is made a day before the starting day of employment. What is the case for this situation? Am I going to write the start date of employment as 26/11/2018 or is there an exception? Can the Social Security Institution fine us because of the start date of employment?

Date of Work Permit : 26/11/2018
Date of Notification : 30/11/2018
Start Date of Employment : Is it 26/11/2018 or should it be a day before the start day of employment? For example, if I start the employment on 04/12/2018, should I register it as 03/12/2018?

It is mandatory to apply to a provincial directorate of security to get an employment annotated residence permit within 30 days at the very latest as of the day when the foreign nationals obtained their work permit documents. The provincial directorate of security gives the residence permit within 15 days (residence permits which are not received by hand within a month are cancelled as of the start date)
Within 45 days as of the start date of work permit written on the document, in the case when the date of notification of the work permit document to the employer and the date of work permit are different, the proclamation will be regarded as it was given within the legal period if the employer gives the statement of employment of the insured to the Institution within 45 days after the work permit document is notified to the employer.

What are the books has to be kept according to Turkish trade law?

MuhasebeNews — Wed, 16 May 2018 13:04:20 +0000

What are the books has to be kept according to Turkish trade law?

1-What is the purpose of book keeping according to Turkish Trade Law?
Each tradesman has to;
1.1- keep business books,
1.2- and suggest the carried out transactions, financial situation, debits and credits and the results for each accounting period of its business obviously.
Books are kept as unequivocal for the experts auditing the institution. Business transaction needs to be followed from the business books.

2- What are the obligations of tradesman keeping books?
Tradesman has to keep;
2.1- Photocopy,
2.2- carboniferous copy
2.3- microfiche,
2.4- of the transactional documents
in electronic media as written or visual.

3- What are the commercial book in Turkish trade law?
Commercial books in Turkish Trade Law ;
3.1- Day Book
3.2- Ledger
3.3- Inventory Register,
3.4- Stock Ledger,
3.5- Board Decision Book,
3.6- General Assembly Meeting and Negotiation Book

4- WHEN AND HOW OPENING AND CLOSURE RECORD OF BOOKS ARE DONE ACCORDING TO TURKISH TRADE LAW?
4.1- Daybook kept in physical environment, Day Book, Ledger, Inventory Register,
Stock Ledger are notarized before the opening and establishment of the company. Opening confirmation of these books in the following period, are also made by the notary from the first to the last month of the period.
4.2- Stock Ledger and General Assembly Meeting and Negotiation Book, can be continued to be used without opening confirmation on the of having enough sheet.
4.3- Closure confirmation of daybook will be reported to the notary to the end of the sixth month of the following period and General Assembly Meeting and Negotiation Book, to the end of the first month of the operating cycle.
4.4- Trade registry of the commercial partnerships can be made by the register of commerce.
4.5- If opening confirmation is made by the notary, they have the right to ask for certificate of trade registry.
4.6- There will be no need for notary confirmation in the opening of the books and the closure of Stock Ledger and General Assembly Meeting and Negotiation Book if these books are protected in electronic environment.

*** How Daybook in physical or electronic environment is kept and how opening and closure is confirmed, are decided by ministry of customs and trade and the treasury.

*** Day Book, Ledger, Inventory Register, Stock Ledger and General Assembly Meeting and Negotiation Book are also commercial books as well.

Source:Turkish Trade Law
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.