Turkish companies in Germany – tax and legal for M&A, founding a company, and subsidiaries  

The close economic ties between Germany and Turkey didn’t start with the Gastarbeiter agreement of the Sixties. Trading relations have existed between the two countries for much longer. As the largest EU economy, Germany is the ideal access point for Turkish companies to enter this economic area. And that’s not the only reason Turkish businesses are so interested in the German market.

Key points in brief     

  • Tax regulations have to be strategically considered when conducting all M&A deals, transactions and founding a company.       
  • The business cultures in Turkey and Germany are as different as can be. Mutual consideration is a advantage against the competition and creates understanding.       
  • Germany works in a bureaucratic way – many things operate by means of applications and public officials. We take care of contacts at governmental bodies and the courts and assist you by being personally involved.      
  • Employees are subject to German employment legislation. Employees have many rights in Germany that are not even an issue in Turkey. We know German employment law inside-out and create a basis for you that is legally certain.

Germany – at the centre of the EU 

As the EU’s largest economy and with a geographically favourable location at the heart of the continent, Germany offers good starting conditions for Turkish businesses.   They can gain a foothold in the German market by means of M&A, subsidiaries or other corporate transactions, and in this way tap into the EU. We are a member firm of Grant Thornton International Ltd. and advice you not only about Germany – we also have partners in other European countries. This means plans to expand into other European countries in the future are no problem.  We keep your business in one set of hands, whether it’s in Turkey, Germany or worldwide.      

Challenges and solutions 

Germany is heavily regulated and bureaucratic. The legal and tax fields are complex and hard to penetrate. Our experts will assist you every step of the way on the subjects that are crucial to you.     

We’re there when you need us and provide advisory in the following areas: 

  • All issues on entering the market 
  • Deals, setting up a company or transactions 
  • All tax issues 
  • Outsourcing services 
  • All legal questions on employment 
  • Compliance issues 
  • Audits of consolidated and annual financial statements and   
  • Issues of financial and tax due diligence.

Get in touch without any commitment.

Are you a Turkish company looking to do business in Germany? Are you looking for advice from understanding, native speakers to allow you to enter the German market as smoothly as possible? Our contact Havva Elgay helps Turkish companies get the best start into the German market. Take advantage of her expertise and feel free to contact her with your questions, without any commitment.

Turkish companies entering the German market

Our Turkish Desk helps Turkish businesses planning to enter the German market. Find professional and comprehensive services.

Turkish Desk: Proven expertise and profound cultural understanding

As a single point of contact, we also offer competent services for the Turkish market, based on decades of experience. With our international Grant Thornton network and close collaboration with important professional and business associations, we can guarantee all-round assistance for companies in the German and Turkish markets at all times. Grant Thornton International gives us direct access to our experts in Turkey. Our qualified colleagues in the country, including many partners and sworn auditors are at your service at all times to help your business achieve success.

Concentrated knowledge for maximum success

Whether it be tax advice, auditing, outsourcing or compliance – our interdisciplinary teams of experts at all our offices in Germany will help you make the right decisions. Many subsidiaries of international groups and mid-market companies in Turkey already trust in our experience and know-how. As the German member firm of Grant Thornton International, we’ll find the right people where you are for your questions to guarantee that your projects are implemented quickly and reliably.

Our awards 

We’re proud of the awards we’ve won. And we’re just as happy that our clients give us top ratings! We’re working hard to keep it that way. And that’s a promise!

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