Anket 2 – anket.dengeakademi.com

e) Language preference for proposal? :

Turkish English

Shareholder structure:

(Please indicate the names of the shareholders and their country of residence.)

Please see below the scope of services and SELECT the ones required by your Turkish entity:

a) Bookkeeping in accordance with Turkish GAAP:

Yes No

Bookkeeping is performed at Mazars office through Mazars accounting software named LOGO.

b) Preparation of Payroll in line with Turkish Tax Procedures and Social Security Law:

Yes No

Pls see Section 4 for additional questions about payroll services

c) Tax compliance (VAT, WHT, Provisional CIT, BA-BS forms, Stamp Tax, Special Consumption Tax, Valuable Property Tax):

Yes No

"Preparation of monthly, quarterly and annual tax declarations. GEKAP (re-cycling contribution fee) return is prepared by the environmental consulting firm and declared by Mazars

d) Reporting services - preparing monthly, quarterly and annual reports in accordance with IFRS, US GAAP or Group Accounting Principles:

Yes No

If yes, pls provide us the Group accounting guidelines as well as the reporting template. We also need to be informed about the deadlines. Pls note that this service is not mandatory and may be required for group consolidation purposes.

e) Management reporting:

Yes No

Budget, cash flow etc...

f) Cash management services:

Yes No

Making payments to suppliers, salary and tax payments via using your internet banking

g) Managing tax office and social security registrations:

Yes No

May be required by newly established entities

h) Tax Consultancy:

Yes No

Includes managing correspondence with Tax Authorities in case of an audit and preparation of tax memorandum addressing the queries raised by the Client in terms of Corporate, VAT, Withholding and Stamp taxes. To be charged on hourly basis.

i) Revision services:

Yes No

If the books are kept internally then we perform monthly visits to review the accounts and do tax filing.

j) Audit preparation:

Yes No

Assisting with the preparation for independent audit to be performed for internal purposes and does not include statutory audit preparations.

k) Issuing sales invoices:

Yes No

"If yes; - pls provide us the average number of monthly invoices - name of the entegrator company (if applicable) - is there any interface between the entegrator and the accounting system to upload the invoices"

l) Localization of the software used by HQ:

Yes No

"the scope of such localization is limited with; - mapping of the chart of accounts - providing tax and accounting consultancy during the localization period - participating in the meetings to be held with IT consultants"

m) E-Tuys preparation and submission:

Yes No

E-tuys: Electronic Incentive Application and Foreign Capital System. This can be managed by the local (Turkish) representatives of the Client or Mazars may handle it via POA.)

In order to estimate your budgeted workload please respond to below questions.

5. Accounting And Tax Compliance

a) Brief description of the activities to be performed by your Turkish entity:

This info will help us to set up the proper outsourcing model, i.e keeping the books in your office or in our office / assigning a full time assistant in your office so that we can review the tasks performed in your office etc…

b) Company registered address:

c) Estimated number of the suppliers (related and 3rd party):

d) Estimated number of the customers (related and 3rd party):

Current number + projected number within 6 months' period.

f) Estimated number of the invoices to be issued per month:

g) Estimated number of the invoices to be received per month:

h) Average amount of your monthly accounting transactions:

Bank transactions, expense reports of staff, petty cash transactions, capex etc…

i) Please upload your empty reporting template to be consolidated at group level as well as other required deliverables:

j) Number of importations and exportations per month, if any:

k) Stock management (internal or outsourced (i.e logistics company)):

l) Number of stock items (in terms of SKU's):

m) Are there any specific tax compliance requirements that we need to be aware of:

i.e special consumption tax liability, bank and insurance transaction tax, valuable property tax etc…

n) Please attach the latest detailed trial balance:

Additional questions may be raised after receiving the TB.

a) Salary type:

Gross Net

b) Currency:

TL EUR USD GBP

c1) Other cash and in kind benefits:

c2) Other cash and in kind benefits:

c3) Other cash and in kind benefits:

c4) Other cash and in kind benefits:

Other

d) How many payments are there within a month?

Any advance payments?

e) What is the salary payment date?

f) Who will prepare the salary payment file to be submitted to the bank?

g) Any assistance required for the annual budget preparation?

h) How many workplaces do you have?

In Istanbul and out of Istanbul, HQ and branches/stores etc…

i) Are there any social security – income tax incentives that you are enjoying?

j) Are we supposed to create the accouting journal entry on cost center basis?

a) How did you reach Mazars in Turkey? (i.e reference (ineternal or external), web site, event meetings, global client of Mazars etc…):

Client questionnaire