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At Prager Metis, we are intimately familiar with the multifaceted challenges and potential risks that Turkish businesses face when expanding their operations to the United States. Our dedicated Turkey desk comprises seasoned professionals who possess profound knowledge of U.S. regulations, customs, and business practices.

QUICK FACTS
24
Offices Globally
100+
Partners and Principals
600+
Team Members
Our Company
Prager Metis is a top international advisory and accounting firm with over 100 partners and principals, more than 600 team members, and twenty-six offices worldwide. As one of the fastest growing firms offering a full range of accounting, audit, tax, consulting, and international services, Prager Metis helps make Your World. Worth More.
Our History
Prager and Fenton has provided expert accounting and advisory services for over a century, focusing on the entertainment and music industry, professional practice firms, real estate groups, and private wealth individuals. Prager Metis CPAs, was formed in January 2013 by the combination of Prager and Fenton LLP and Metis Group LLC.
Our Commitment
We are deeply committed to our clients' success, going above and beyond to deliver exceptional results. Our dedicated team works tirelessly to understand your unique needs and provide innovative solutions that exceed expectations.
Our Proven Success
Through our comprehensive suite of services, we empower businesses to overcome these hurdles and thrive in the dynamic U.S. market. Our team acts as a trusted partner, offering tailored solutions that address the unique needs of your organization, while ensuring compliance with relevant laws and regulations.
Our Team
Our Israeli team's deep understanding of the nuances that exist between Israel and U.S. business environments allows us to provide seamless guidance and support to companies seeking to establish or grow their presence in the U.S. market. We recognize that venturing into a new market can be a daunting endeavor, fraught with complexities that extend beyond mere financial considerations.

OUR STRATEGY

Our Turkish team's deep understanding of the nuances that exist between the Turkish and U.S. business environments allows us to provide seamless guidance and support to companies seeking to establish or grow their presence in the U.S. market.

We recognize that venturing into a new market can be a daunting endeavor, fraught with complexities that extend beyond mere financial considerations.

OUR SERVICES

Areas of Expertise

Our Turkey Team at Prager Metis has wide-ranging expertise in inbound and outbound regulations concerning both the Turkish and U.S. tax systems. We routinely leverage our vast knowledge to overcome cultural barriers between Turkey and the United States, ensuring a seamless transition for your business operations.

Our deep understanding of the nuances and intricacies that exist within these two distinct regulatory frameworks allows us to provide comprehensive solutions tailored to your specific needs.

Customized solutions meticulously crafted to align with your unique organizational goals and challenges

Customized solutions meticulously crafted to align with your unique organizational goals and challenges

Elite cadre of cross-functional specialists spanning multiple disciplines

Elite cadre of cross-functional specialists spanning multiple disciplines

Agile and adaptable approach, ensuring seamless integration with your existing systems and processes

Agile and adaptable approach, ensuring seamless integration with your existing systems and processes

Cutting-edge methodologies and best practices honed through years of experience

Cutting-edge methodologies and best practices honed through years of experience

Bookkeeping

Our Turkey desk provides comprehensive bookkeeping, budgeting, and forecasting services tailored for businesses operating in Turkey. We ensure accurate financial records, insightful budgets, and reliable forecasts to support informed decision-making.

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Financial Statements

We handle the preparation of financial statements, corporate income tax returns, and individual income tax returns for clients with operations or investments in Turkey, ensuring full compliance with local regulations.

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Audit and Review

Our Turkey desk offers audit, review, and compilation services adhering to Turkish and international accounting standards. We provide independent assurance and accurate financial reporting for businesses operating in Turkey.

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M&A

Our team provides comprehensive support throughout the M&A lifecycle for transactions involving Turkish entities. We offer strategic advisory, due diligence, valuation, structuring, and post-merger integration services.

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Due Diligence

For acquisitions or investments in Turkey, our team conducts thorough financial and tax due diligence, identifying potential risks and opportunities to support informed decision-making.

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Tax Planning

Our Turkey desk offers multi-jurisdictional tax consulting, planning, and compliance services, including pre-immigration planning, expatriate consulting, and structuring for special purposes, ensuring tax efficiency for cross-border operations.

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INDUSTRY FOCUS

At Prager Metis, we have professionals with deep expertise in various industries. Our Turkish team understands the unique challenges, regulations, and dynamics of your specific sector, whether manufacturing, technology, retail, or others. We provide tailored solutions catered to your organization's distinctive needs. With our industry-focused approach and comprehensive services, we help you navigate the complexities of your business environment and achieve your strategic goals.

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Our specialized Turkish team has expert knowledge of streamlining financial operations for hospitality businesses, ensuring compliance with local regulations, and optimizing tax strategies for hotels and restaurants.

Our Turkish Team has a wide range of expertise with regulations, cross-border operations, customs processes, and documentation for logistics companies operating in or with Turkey.

Our specialized Turkish team facilitates market entry, localization, and compliance for software companies and hardware manufacturers expanding into the Turkish market.

Our Turkey desk will help investors and developers navigate complex property laws, facilitate transactions, and provide market insights for those entering or expanding into the Turkish property market.

PRACTICE LEADER

John C. Barka, CPA
Partner-in-Charge Turkey Desk
John has an expertise in U.S. taxation of international corporations, individuals, and banking and financial institutions. His tax work includes tax planning, structuring and preparing Federal, State, and Local tax returns with intricate international issues, preparation of and review of tax accruals and handling companies with multi-state filing requirements

ASSOCIATIONS AND CERTIFICATIONS

Prager Metis stays ahead of the curve by being a valuable member of organizations that bolster our reputation, network, and reach. Our active involvement in professional associations and industry groups allows us to collaborate with peers, share best practices, and contribute to the advancement of the accounting and tax profession.

GGI Global

The leading global alliance of independent professional services firms addressing their clients' local and cross-border needs.

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ISO 27001

Security standard that validates our Information Security Management System while protecting sensitive company and customer data.

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INDUSTRY INSIGHTS AND NEWS

To support your international tax planning and compliance needs, we provide access to a comprehensive suite of valuable resources. Our extensive library includes whitepapers and articles on international tax topics, ensuring you stay informed about the latest developments and trends. Additionally, we offer tax calendars and deadlines, keeping you ahead of critical filing dates and obligations.

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FREQUENTLY ASKED QUESTIONS

Here are some commonly asked questions to help you plan better and make the most of our international tax resources. These FAQs address key inquiries about our offerings, helping you navigate our suite of tools and information more effectively.

There are several important tax considerations, including corporate income tax, state and local taxes, transfer pricing rules, withholding taxes, and tax treaty implications. Proper structuring and planning are crucial to minimize tax liabilities and ensure compliance.

Maintaining tax compliance requires understanding federal, state, and local tax regulations, filing appropriate tax returns, and adhering to reporting requirements. Our team can guide you through the process, handle tax filings, and represent you before tax authorities if needed.

Absolutely. Our Mergers & Acquisitions team has extensive experience in guiding clients through the complexities of international M&A transactions. We offer comprehensive support throughout the deal lifecycle, from due diligence and structuring to post-merger integration and cross-border reorganizations.

offices

PRAGER METIS OFFICE LOCATIONS

London office
5A Bear Lane, Southwark, London, SE1 0UH
+44 (0)20 7632 1400
ukenquirires@pragermetis.com
New York office
14 Penn Plaza, Suite 1800, New York, NY 10122
+1 212-643-0099
info@pragermetis.com

GET IN TOUCH WITH OUR TEAM OF EXPERTs