The right strategy, sound decisions.

Taxation is a field that concerns both law and financial affairs. Going beyond conventional advisory, we serve with a client-focused approach that creates added value and delivers solutions to our clients' challenges. We provide advisory on any dispute that may arise from taxation procedures and work alongside our legal solution partner throughout litigation.

• Filing and managing correction and complaint applications for tax errors
• Tax audit check-up service (identifying risks and defining solutions)
• Filing under reservation; technical support to our legal solution partner during litigation
• Tax examination advisory
• Advance tax ruling (private ruling) applications and process management
• Management of precautionary attachment and precautionary assessment processes
• Technical opinion support to our legal solution partner in proceedings under Article 359 of Tax Procedure Law No. 213
• Technical support and expert opinion to our legal solution partner in tax litigation

Keeping statutory ledgers, filing tax returns and submitting notifications are not merely financial obligations for companies; they are critical processes that support future planning, sound decision-making and analysis of the past. Operating under the assurance of KRK Partners, our Advisory and Accounting unit not only performs all accounting operations accurately and on time but also plays an active role in decision-making — delivering a comprehensive, value-added service that goes far beyond conventional accounting.

Beginning with the internal alignment of core R&D phases, we establish a structure that enables them to be carried out through a systematic approach.

• Establishing R&D structures equipped with dynamic, sound information-processing and new-product development mechanisms
• Maximizing the benefit from all incentive mechanisms relating to R&D and design activities
• Setting up R&D and Design Centers; developing the capabilities of ministry-approved centers
• Building structures capable of producing legislation-compliant, value-added projects; establishing the administrative infrastructure through tax and social security advisory

Our Value Added Tax (VAT) unit comprises an experienced team that closely monitors the tax administration's procedures and principles regarding VAT refund practices. The services we provide within the scope of VAT refunds and general VAT advisory include:

• Analysis of companies' VAT structures
• Answering questions raised about legal regulations concerning VAT legislation
• Calculation of VAT refund amounts
• Preparing the reports required for refund or collateral-release procedures
• Advisory on VAT deduction, refund and offset matters

Across a broad spectrum — including strategic planning for company formations and restructurings as well as corporate secretarial services — we provide legal advisory in many sectors such as tourism, energy, construction, education, aviation, healthcare, information technology, real estate and heavy industry. We regard our clients as business partners and aim to add value to their investments.

• Incorporation processes for companies, branches and liaison offices, together with tax office registrations
• General assembly, board of directors and committee resolutions; all secretarial matters including signature circulars and internal directives
• Analysis of technical insolvency situations; capital increase or reduction processes
• Preparation of documentation and contracts under e-commerce and consumer protection legislation
• Drafting of lease, service, subcontractor, confidentiality and license agreements
• Training/advisory under the Turkish Commercial Code and amendments to articles of association
• Restructurings such as demergers, mergers, conversions, liquidations, and transfers of assets/business/shares
• Preparation of internal procedures, directives and policies

We provide advisory to private equity firms and strategic investors on large-scale projects of both national and international scope. We have supported our clients in complex private equity transactions, together with our legal solution partner.

• Advisory at every stage of the transaction, tailored to the buy-side or sell-side position
• Preparation of legal due diligence reports including an executive summary
• Advisory on remedying identified legal deficiencies
• Drafting and negotiation of share purchase, capital participation and shareholders' agreements
• Structuring of joint venture agreements and security mechanisms (escrow, share pledge, etc.)
• Fulfilment of conditions precedent and execution of closing procedures
• Representation in disputes arising from the transaction through our legal solution partner

Transfer pricing is a field that requires the arm's length principle to be observed in transactions among group companies. The services we provide with our specialist team include:

• Preparation of the annual transfer pricing report
• Preparation of "Master File" reports assessing intra-group transactions
• Reviewing existing practices and agreements and advising management accordingly
• Establishing legislation-compliant structures in restructurings and new formations (including OECD BEPS)
• Management of the Advance Pricing Agreement process
• Support in completing the form annexed to the corporate income tax return
• Technical defense and advisory in examination and settlement processes

The increasingly complex regulations governing international trade and customs practices create areas of risk for businesses. In processes such as authorized economic operator status, post-clearance controls, sector audits, customs disputes, additional customs duties and administrative fines, we offer a comprehensive perspective with a team experienced in both the public and private sectors. Our priority is to ensure operational excellence and regulatory compliance by delivering accurate information in a timely manner.

It is highly important for employers to master Social Security and Labor Law legislation during recruitment and throughout the subsequent processes; the frequent changes in this legislation make expert oversight essential. We handle matters in the field of Social Security Law and conduct legal review at every stage of the relationship between employer and employee.

Within our social security advisory, we identify all incentives you may benefit from (additional employment, on-the-job training programs and other incentives) and provide support at every stage of the process. We accompany you from start to finish during inspections by the Ministry of Labor and Social Security, reviewing all records for regulatory compliance to make you inspection-ready. Under Law No. 6645, we determine your Occupational Health and Safety obligations and provide our guidance where needed.

The risks that can put companies in difficulty usually develop gradually over time. What matters is having a sound financial structure and a financial foundation capable of protecting the company against potential adversities. The check-up model developed by KRK Partners reveals a company's current financial health and the risks it may face in the future, and shows how to guard against them.