Schmidt & Schmidt Expands with New Office in Ankara, Offering Vital Document Services Across Turkey

Schmidt & Schmidt is excited to announce the opening of our new office in Ankara, Turkey, further extending our global reach and providing essential document legalization and business services to the region. This new office is a key step in bringing our specialized offerings closer to Turkish businesses and international clients with operations in Turkey.

FATF has made major changes to its gray list

The Financial Action Task Force on Money Laundering (FATF), at its plenary meeting held in Singapore, made decisions on the status of Monaco, Venezuela, Turkey and Jamaica.

FATF to remove Turkey from its “grey list” in the coming days

The Financial Action Task Force on Money Laundering (FATF) plans to remove Turkey from its “grey list” of jurisdictions subject to enhanced monitoring. Report news agency writes about this with reference to the Turkish publication Hurriyet.

Our Turkish website is online!

Schmidt & Schmidt has launched the Turkish version of the website to thereby consult customers from Turkey in their native language and to participate in the Turkish business life.

Turkey, with its geopolitical position and dynamic demographic structure, is one of the countries that has been the heart of trade for years. Turkey's fertile lands, constantly developing industry and location in both Asia and Europe have always made it a magnet for people all around the globe.

In Turkey, the requirement to notify the tax authorities of the ultimate beneficiaries of companies has come into force

Earlier, the Turkish government published a communiqué that clarifies the system for determining the ultimate beneficiaries, as well as the procedure for submitting reports to the Turkish Tax Administration.

Full lockdown announced in Turkey

Erdogan introduced a full lockdown until May 17.