Accounting & tax filings
Your Turkish company's accounting handled by our accountant, with a monthly report in Chinese for headquarters
The licensed certified public accountant (SMMM) in the Yeni İpekyolu (New Silk Road) team handles day-to-day accounting and tax filings for Chinese companies operating in Türkiye: setting up e-invoice, e-archive and e-ledger, monthly VAT and withholding tax returns, provisional tax and the annual corporate tax return. Every month we report your activity and tax position in Chinese to you and to headquarters in China, keeping everything aligned with the parent company's reporting needs.
How Turkish books are aligned with the Chinese headquarters' reports
Why does a certified public accountant sign tax returns in Türkiye?
In Türkiye, companies' tax returns are usually filed through a certified public accountant (SMMM). An SMMM is a specialist who has passed the state examination and is registered with the professional chamber; they keep the books, prepare the returns and submit them electronically to the tax office. For Chinese companies, working with an accountant who knows Turkish legislation and can communicate in Chinese is the foundation of a smoothly running company.
Yeni İpekyolu's licensed accountant is part of our team and works in the same office as our Chinese-speaking consultants. You do not need to pass your questions through intermediaries: you send an invoice, contract or letter from the tax office directly on WeChat; the accountant decides how to handle it, and the Chinese-speaking consultant clearly explains the outcome and any points you need to decide on. This model speeds up communication and reduces misunderstandings.
The difference between e-Invoice, e-Archive and e-Ledger
Türkiye's tax system is largely electronic. e-Invoice (e-Fatura) is used to invoice other businesses registered in the system; e-Archive (e-Arşiv) invoices are generally issued to individuals or businesses not registered in the system; and e-Ledger (e-Defter) means the journal and general ledger are created and certified electronically. Which companies must use these depends on criteria such as turnover and sector.
We usually recommend that newly established Chinese companies switch to e-invoice and e-archive from the start; that way invoices can be issued smoothly whether the customer is a company or an individual, and alignment with the finance system at headquarters in China becomes easier. Our accountant clarifies whether e-ledger is required under current legislation, and completes the registration, invoice templates and user instructions in Chinese.
A year's filing calendar: VAT, withholding, provisional and corporate tax
The regular filings of Turkish companies follow three rhythms. Every month, the VAT return and the withholding tax and social security premium return (muhtasar ve prim hizmet beyannamesi) are filed; provisional tax is declared periodically; and the corporate tax return is filed annually. In addition, there are various notifications and forms, such as purchase and sales statements.
Our accountant prepares a filing calendar in Chinese for your company; before each filing period, they remind you which documents are needed, and after filing they explain in Chinese the tax payable and how to pay it. This lets headquarters in China plan cash flow in advance, and the company always files on time. All tax assessments are archived, so you or auditors can access them at any time.
A monthly report in Chinese for headquarters: bringing two accounting languages together
The parent company in China usually prepares its reports under Chinese accounting standards or the group consolidation format, while the Turkish company's books are kept according to the Turkish Uniform Chart of Accounts (Tekdüzen Hesap Planı). The two systems differ in account classification, treatment of exchange differences and expense recording. If this alignment is not set up from the start, headquarters spends a great deal of time every month reworking the data.
At the start of our engagement, we define an account mapping table and report format together with the headquarters finance team; every month we provide an income statement, balance sheet summary, receivables and payables status and tax explanation in Chinese. Invoice lists, bank transactions or exchange rate explanations requested by headquarters can also be prepared in a fixed format. This way, the Turkish company's figures are understood at headquarters at first glance.
Subsidiaries, branches, entrepreneurs and those switching accountants
Turkish subsidiaries of Chinese companies
Companies that keep books and file returns under Turkish legislation while reporting regularly to headquarters in China. We meet both local compliance and headquarters' reporting needs. Account mapping and the report format are set at the start.
Branches of Chinese companies
A branch keeps separate books and files returns in Türkiye, but is closely linked to the parent company's accounting. We handle local filings and help explain current account movements with the parent company. Suitable for project and contracting work.
Trading and service companies of Chinese entrepreneurs
Business owners running import-export, e-commerce, restaurant or service businesses who want to understand their company's finances in Chinese. Every month we explain income, expenses and taxes clearly. You stay focused on your business.
Companies wanting to change accountants
Companies struggling to communicate with their current accountant or unable to get explanations in Chinese. We take over past books and filing records, review them and carry the work forward. We also explain any issues arising during the handover in Chinese.
Every accounting task, from e-invoice to corporate tax
e-Invoice, e-Archive and e-Ledger setup
We register for e-invoice and e-archive and set up invoice templates. We clarify the e-ledger requirement under current legislation and complete the setup. We provide user instructions in Chinese so your staff can issue invoices themselves.
Day-to-day bookkeeping
We keep records according to the Uniform Chart of Accounts based on invoices, bank transactions and contracts. We read Chinese documents and post them to the correct accounts. Bank and current account balances are reconciled every month.
Monthly tax returns
Every month we file the VAT return and the withholding tax and social security premium return, and make the related notifications. We remind you of the required documents before filing and explain the tax payable in Chinese afterwards. All assessments are archived.
Provisional tax and corporate tax
We file provisional tax returns on schedule and prepare the corporate tax return at year end. We discuss annual profit and deductible items with you in advance. After the year-end close, we provide an annual summary in Chinese.
Monthly report in Chinese for headquarters
Every month we prepare an income statement, balance sheet summary, receivables and payables status and tax explanation in Chinese. Accounts are mapped to headquarters' format, making consolidation easier. When needed, we hold video calls with the headquarters finance team.
Tax office letters and audits
Our accountant responds to notices, queries or audits from the tax office and prepares the documents. The content of the letter is explained to you in Chinese. In case of a dispute, we handle the process with our partner lawyers.
Service summary and requirements
| Responsible | Licensed certified public accountant (SMMM) in our team |
|---|---|
| Report language | Chinese · Turkish |
| Pricing | Fixed monthly fee · based on document volume |
| Service languages | Chinese · Turkish · English |
| Cities served | Mainly Istanbul; also Ankara, Izmir and other cities |
The final price and timeline depend on your documents and scope; we send a clear quote within 2 hours.
What you need to provide
- Company tax number, tax certificate and trade registry details
- Monthly sales and purchase invoices
- Company bank account transactions
- Key contracts (lease, supply, services, etc.)
- Report format or template required by headquarters (if any)
Handover, setup, monthly filing and year-end
- 1
Getting to know the company and handover
We learn about the company's business, invoice volume and headquarters' reporting expectations. For a new company, books are opened directly; for an existing company, past records are taken over. The service scope and monthly workflow are agreed.
- 2
System setup
e-Invoice, e-Archive and e-Ledger are set up, and invoice templates are configured. An account mapping table and monthly report format are defined with the headquarters finance team. A filing calendar in Chinese is prepared.
- 3
Monthly bookkeeping and filing
You send your documents via WeChat or email; we post the records and reconcile bank balances. Returns are filed on time. The tax payable and payment method are communicated in Chinese in advance.
- 4
Monthly reports and year-end close
A report in Chinese is sent to you and headquarters every month. At year end, the closing and corporate tax filing are completed. We provide an annual summary and offer recommendations for the following year's plan.
Frequently asked questions
The company has no income yet; are monthly filings still required?
Yes. In Türkiye, even if there is no income in a given month, a company generally still files returns such as VAT on time; the amount is simply zero or low. Filing on time eliminates the risk of penalties and keeps company records complete. We file your returns as usual and explain the situation to you.
Which documents do I need to send each month?
Mainly sales and purchase invoices, bank transactions, staff changes and any important contracts signed that month. We can access invoices in the e-invoice system directly. For other documents, simply send photos or scans via WeChat or email; we remind you each month before a set date.
Can invoices or receipts issued in China be recorded in the books?
Invoices, proformas and service fee documents from China can be recorded as foreign documents, but their nature, such as imported goods, service fees or recharged expenses, must be correctly determined. In some cases, reverse-charge VAT also comes into play. Our accountant clarifies the treatment for you under current legislation.
What does the monthly report in Chinese include?
It usually includes an income statement, balance sheet summary, bank balances, receivables and payables details, and an explanation of that month's filings and taxes payable. The format can be adapted to headquarters' template. If headquarters has a special need, such as analysis by project or customer, this can also be agreed in advance.
How are currency fluctuations handled in the accounts?
Foreign currency transactions are recorded at the rate set by legislation, foreign currency balances are revalued at period end, and the resulting exchange difference is reflected in the income statement. In the report to headquarters we show exchange differences separately, so headquarters can separate operating results from currency effects. We clarify the valuation rules for you under current legislation.
What should we watch out for when transferring profits to China?
Profit distribution usually takes place after the annual corporate tax filing and the general meeting resolution; dividend withholding tax and the application of the Türkiye-China double taxation agreement may come into play. Our accountant plans the timing of the distribution and the required documents in advance, and explains the process to headquarters in Chinese.
We're not happy with our previous accountant; can we switch mid-year?
Yes, you can switch at any time. We handle the handover with the previous accountant, take over the books, filing records and e-ledger authorizations, and review past data. If anything needs correcting, we explain it to you in Chinese and correct it in line with legislation.
We received a letter from the tax office and don't understand it; what should we do?
Take a photo and send it to us on WeChat. Our accountant determines the nature of the letter, such as a request for information, an additional assessment or an audit; we explain it to you in Chinese and present a plan to resolve it. If documents need to be prepared or a response given, we take care of it directly.
Tell us what you need in Türkiye
Our Chinese-speaking consultant reviews it for free and gives you a clear price and timeline.
