Tax Advisory

As being one of the most important cost items for both companies and real persons, Tax; is a financial element that needs to be planned and managed very carefully and in detail. In today’s economy, having the right financial structures that are in line with commercial and investment strategies, compatible with the legislation, carrying minimum tax costs, and keeping these structures alive in parallel with changing conditions is an important need for the companies as well as for the shareholders. In addition to company’strategies, other factors such as financing models adopted, operational needs, growth targets and maximum benefit added to company value should be taken into account in the creation of the mentioned structures

• Strategic Tax Planning Consultancy Services

They are the services that aim to create and maintain local and international financial structures in accordance with the future goals and strategies of the companies, where maximum financial benefit is achieved by minimizing the effective tax burden

• Operational Tax Planning Services

Services that target to minimize operational tax cost by analyzing daily business activities as well as investments like real estate, securities and etc. of the companies.

• International Tax Services

Set of financial services related to the establishment and operation of international investments, partnerships, financing services and international trade transactions with the most appropriate tax and financing model

• Tax Disputes

Management of tax inspection and tax settlement processes including preparation of tax litigation documents.

• Transfer Pricing

Determination of transfer pricing policies for the related party transactions including goods and services purchases and sales, financial transactions, central services and cost allocations, royalties and etc.

• Real Person Income Tax Consultancy Services

Determining the principles of taxation of the real person’s income both in Turkey and outside Turkey, preparation of income tax returns and establishment of optimal tax structures.

M&A and Spin Offs

Especially in developing economies, mergers and acquisitions continue to increase for operational and financial reasons such as industiral consolidation, foreign direct investments, profit realization requests of the shareholders, organical growth issues, lack of working capital, disposing of underperforming or non-essential activities and restructuring the existing business model, and i it is important to develop the most suitable solution in this processes.



• Mergers and Acquisition advisory

• Enterprise Value Maximization Roadmap advisory

• Financial Integration Process advisory following M&As

IPO Transactions

IPOs are very important financing tools to obtain financial resources from the capital markets and it is also a tool of shareholder’s exit. They are the processes that need to be carefully planned and coordinated within a multi-and-intensive agenda including regulatory authorities’ inspections, preparation of IOC, preparation of financial reports , investor presentations and corporate communication. Any potential advantage should not be missed out within this very dynamic process.



• IPO readiness advisory and preparation to IPO / Investors

• IPO process ccordination

• Providing consultancy on important issues such as control of the company, determination of concessions,use of price stability fund etc.

• Analysis of the financial model and valuation

• Review of IOC documents

• Management of inspections carried out by regulatory institutions (CMB and Stock Exchange)



Loan Restructuring Servies

In the process of loan restructuring,



• Consultancy services for the creation of financing conditions such as repayment period, covenant tests and etc. as well as advisory for loan restructuring arrangements,

• Consultancy services for intra-group financing transactions between group companies

Financial Performance Management Services

As well as determining the strategic objectives of the companies, it is also very important to identify and closely monitor financial performance indicators (KPIs) that will feed the set of targets, guide company management and meet the expectations of the shareholders. Statutory or IFRS financial statements provide data to businesses for financial performance assessment, but managerial financial performance analyses should have a different perspective. In this analysis, the dynamics of the sector in which the companies are operating, the approach and expectations of the company management and the shareholders should also be included and the management reporting principles should be set up acccordingly.



• KPI systems design

• Creation of reporting infrastructures that enable the monitoring of designated KPIs

Insurance Advisory

• Determination of appropriate insurance instruments by carrying out risk analyses of companies,

• Consultancy services for insurance coverage purchases

Trainings

• Turkish tax legislation

• Mergers and Spin Offs

• Turkish Accounting Principles