CPA (Mali Müşavir) Rules for Companies in Türkiye (2025 Guide)

In Türkiye, every company, regardless of size or sector, is legally required to work with a licensed Certified Public Accountant (CPA), known locally as a Serbest Muhasebeci Mali Müşavir (SMMM).
These professionals play a vital role in managing corporate accounting, ensuring tax compliance, and fulfilling legal obligations under Turkish financial law.
Understanding CPA rules is essential for any business operating in the Türkiye market.

What Is a CPA (Mali Müşavir) in Türkiye?

A CPA in Türkiye, known as SMMM (Serbest Muhasebeci Mali Müşavir), is a licensed accountant who provides:

• Financial reporting and bookkeeping
• Tax advisory services
• Corporate accounting and compliance

Every company in Türkiye, whether a Limited Liability Company (Ltd. Şti.), Joint-Stock Company (A.Ş.), or a branch of a foreign company, must appoint a CPA to handle tax filings and official accounting records.

Legal CPA Obligations for Companies in Türkiye

Under the Turkish Commercial Code (TCC) and the Tax Procedure Law (VUK), companies are obligated to:

1. Maintain proper accounting records
2. Submit monthly, quarterly, and annual tax returns
3. Prepare payroll and social security (SGK) declarations
4. Generate official financial statements such as balance sheets and income statements

A licensed SMMM (CPA) ensures that all tasks are completed accurately and in compliance with the law.
Failure to appoint a CPA or file tax returns on time may lead to heavy tax penalties, audits, or even legal action.

Key CPA Services for Companies in Türkiye

Working with a CPA (Mali Müşavir) offers companies a comprehensive range of services, including:

1. Company setup and registration
2. Monthly VAT and withholding tax declarations
3. Payroll processing and SGK (social security) filings
4. Corporate income tax declaration
5. Preparation of statutory books and ledgers
6. Financial reporting and audit support
7. Tax consultancy and risk assessment

Why a CPA Is Essential for Your Business

Hiring a CPA in Türkiye is not only a legal requirement but also a strategic decision for financial efficiency.
A skilled CPA helps you:

1. Avoid common tax filing mistakes
2. Maximize allowable deductions and incentives
3. Stay compliant with evolving tax laws
4. Plan cash flow and corporate budgets effectively

A CPA acts as your financial partner, ensuring peace of mind, compliance, and long-term business success.

Every company in Türkiye is legally required to appoint a CPA (Mali Müşavir) for accounting, tax filing, and financial reporting.
Choosing the right licensed SMMM not only ensures compliance but also improves financial control and supports long-term growth.

Whether you are a local startup or a global brand expanding into Türkiye, partnering with a trusted CPA is the key to managing your corporate finances effectively.