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Corporate Structure and Commercial Transactions
Branch Opening and Closing Procedures
When a business opens a new branch or closes an existing one, the accounting arrangements between the head office and the branch and the related financial obligations must be assessed together. We support running the accounting and tax processes of branch activities in line with head office records.
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merit@meritizmir.com.tr · Monday – Friday, 09:00 – 17:00
Scope of our services
- Identifying financial and tax obligations relating to opening a branch
- Supporting the coordination of trade registry and tax office procedures
- Establishing the accounting record structure for branch activities
- Determining the record-keeping for monitoring branch income and expenses
- Assessing accounting processes between the head office and the branch
- Examining tax and accounting obligations relating to closing a branch
- Assessing records and financial documents in the closing period
- Following up notifications to be made to the relevant institutions
- Supporting the alignment of branch records with head office accounting
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