Tourism

Tourism is one of the most important sectors of the Turkish economy in terms of foreign currency income and employment. Travel agencies, tour operators and accommodation businesses are the sector’s main building blocks.

Tourism businesses offer different services together, such as accommodation, food and beverage, and events. Taxation and planning therefore depend on the nature of the services provided, and financial reporting and audit call for a department-based structure. Seasonal revenue and foreign currency transactions also require careful cash flow management.

We support businesses in this sector in particular with:

Investment incentive certificates for tourism investments
Accommodation tax, VAT and other sector-specific tax obligations
Department-based cost tracking and management reporting
Seasonal cash flow and foreign exchange risk management
Financial statement audit and tax compliance
Tourism sector

Tourism businesses above certain thresholds are subject to independent audit. We can help you make the right investment decisions as you grow your business, and at the implementation stage.