Schmidt & Schmidt offers financial statements from Turkey in electronic form and their translations into English.
In accordance with the requirements of national law, companies registered in Turkey are required to submit annual financial statements. Some companies are required to disclose their annual financial statements.
The filing of financial statements in Turkey is regulated by the Commercial Code and other regulations.
Turkey has partially implemented International Financial Reporting Standards (IFRS). They are mandatory for public companies whose shares are traded on an exchange.
Access to the financial statements of most companies is limited.
Filing of financial statements is mandatory for:
- Joint-stock companies
- Groupes of firms
Annual financial reports and annual management reports are disclosed in the official newspaper of the Turkish Commercial Register.
Disclosure of annual reports occurs within six months after the balance sheet.
Full annual financial statement includes:
- Balance sheet
- Profit and loss report
- Assets report
- Report on fixed assets
- Commercial receivables report
- Notes
Financial statements provide detailed information about a company’s financial state, solvency and performance of an enterprise. Depending on the size of the enterprise, its financial statement can contain up to several hundred pages.
The provision of financial and balance sheets is carried out by the official publication of the Turkish Commercial Register. Information request is possible if the full name in Turkish and registration number are available.
Financial statements can provide valuable information about potential business partner which can be used for making decisions like purchasing capital shares or goods or taking legal action to collect debts. Financial statements are provided in accordance with the Turkish legislation and legal requirements on personal data protection.
On our website, you can make a preliminary request if a certain company’s financial statements are obtainable.
| Service | Price incl. German VAT 19% | Price excl. VAT |
|---|---|---|
| Price for a financial statement from Turkey | from 71,40 € | from 60,00 € |
| Price for the translation of a financial statement from Turkey | from 41,65 € | from 35,00 € |
