Certified Public Accountant Report
Certified Public Accountant Report
It is the report prepared by the Certified Public Accountant (YMM), who establish the accounting systems of the enterprises belonging to real and legal persons, support in finance, financial legislation, accounting issues, document-based examination, audit, support financial statements and declarations, according to the paragraph b of Article 2 of the Law numbered 3568, and who also carry out the approval procedures of these enterprises.
Chamber Registration
It is a document showing that the company is registered with the Chambers of Commerce and Industry.
Chamber of Commerce
It is a professional organization in the nature of a public institution established in order to facilitate the professional activities of merchants, whose qualifications and minimum number of members are determined in the law numbered 5174, to meet their common needs and to fulfill other duties assigned to it by legislation.
Chamber of Industry
They are professional organizations with legal personality, established by law in order to ensure solidarity between industrialists, to work for the solution of common problems, and to protect their common interests.
Circulating Capital
It is the liquid or nearly liquid capital that the business needs in order to continue its production
Cofinancing
It is the cash contribution committed by the grant beneficiary to be spent on the supported projects or activities.
Commercial registration certificate
Commercial registration certificate
It is a supporting document issued by the Chambers of Commerce / Commerce and Industry, showing that the individuals or capital companies established by the merchants are registered in the trade registry.
Commodity Exchange
It is a public institution that has sufficient supply and demand, durable and storable similar goods (cereals, rice, etc.) are bought and sold and it is obligatory for those doing this business to become a member as per Law No. 5174.
Competitive Sectors Program
Competitive Sectors Program
It is a program which has been carried out by the Ministry of Industry and Technology since 2007 within the framework of the Turkey and European Union financial cooperation agreement andprovides financial and technical support to projects developed in many priority areas included in the development strategy of Turkey and thus ensures social and economic development by increasing the competitiveness of SMEs in order to balance the regional differences in Turkey.
Complete New Investment
These are investments that include main machinery and equipment and auxiliary facilities for the production of goods and services, include land-plot and building-construction expenditures when necessary, and do not have infrastructure integrity with the existing facility or existing facility for the same production at the place of investment.
Completion Visa
It is the confirmation that an investment made by obtaining an Investment Incentive Certificate has been completed.
Compound Interest
It is the interest applied over the total amount obtained after the addition of the interest amount to the principal money of an investor in the bank.
Conclusion
They are measurable, concrete situations that are expected to occur within 1-3 years after the completion of the project, and obtained in line with the specific objectives determined at the beginning.
Concordatum
It is an agreement between the creditors to receive their receivables according to a certain plan and approved by the court after the commercial situation of a debtor is shaken.
Connection and System Use Agreement
Connection and System Use Agreement
It is the supporting document that is signed with the distribution company in order to start the construction of the generation facility in renewable energy investments, and is requested in the incentive certificate applications.
Contractor
It is a person who takes up building and commercial work for someone else.
Conveyance
It is the transfer of the credit right to another person.
Cooperative
It is an economic organization established to ensure that human needs are met through mutual assistance and to protect the interests of partners.
Corporate tax
It is a tax type taken from corporate earnings, calculated according to the net corporate income earned by taxpayers during a calendar year.
Credibility
It is a financial value note prepared to be presented to credit institutions after being evaluated in line with various analyzes based on the financial values of individuals and institutions.
Credit
It is the provision of purchasing power or the transfer of this power to a person, provided that they take it back after a certain period of time.
Crowd Funding
It is the collection of money from the public through authorized platforms to provide the funds needed by a project or venture company.
Culture Tourism Protection and Development Zone (KTKGB)
Culture Tourism Protection and Development Zone (KTKGB)
These are the regions whose boundaries have been declared with the recommendation of the Ministry of Culture and Tourism and the approval of the President in order to protect and use the regions where historical and cultural values are intense or where tourism potential is high, and to ensure sectoral development and planned development.
Current Assets
They are the assets of the business that can be converted into cash in a year or less.
Current Ratio
It is the ratio of assets (current assets) that the company can convert into cash in one year or less to its debts with a maturity of less than one year.
Current Value
The value of immovable property that changes from year to year according to current market conditions and supply-demand balances is also called market value.
Customs Declaration
It is a document submitted to the customs administration after being filled in in accordance with the customs legislation on exports and approved by the relevant exporter association.
Customs Duty Exemption
It is the non-application of customs duty for machinery and equipment imported from abroad within the scope of the investment incentive certificate.
Customs Tariff Statistics Position (GTIP) Code
Customs Tariff Statistics Position (GTIP) Code
It is a 12-digit code system for the numbering and naming of all products subject to international trade. This code is used in determining customs taxes and keeping international trade statistics.
DASK
It is the Compulsory Earthquake Insurance that covers the material damages directly caused by fire, explosion, tsunami and landslides in cash within the limits specified in the policy.
Decision of Public Utilities
Decision of Public Utilities
It is the decision that occurs before the expropriation decision of the administration, initiating the expropriation process and approved by the competent authorities in order to make an expropriation decision.
Deposit
It is the money that is accepted to be repaid in writing or verbally or in any way through public announcement, either gratuitously or in return for an invoice, when requested or in a certain term.
Depreciation
It is the loss of value of fixed assets such as buildings, machinery and fixtures registered to an enterprise as a result of wear, tear and aging.
Design
It is the appearance of all or a part of the product or the decoration on it, resulting from the features such as line, shape, shape, color, material or surface texture.
Development Agency
It is a legal governmental entity that operates under the coordination of the Ministry of Industry and Technology in order to develop cooperation between the public sector, private sector and non-governmental organizations, to ensure proper and effective use of resources, to accelerate regional development by activating local potential, and to reduce inter-regional and intra-regional development differences.
Development Investment Bank
Development Investment Bank
It is a public bank established to meet the financing needs of entrepreneurs in line with the sustainable development priorities of Turkey, to contribute to the spread of capital to the base and to structural transformation and to provide consultancy support.
Development Plan
These are long-term plans which the first one entered into force in 1963,that provide a roadmap for national development, imperative for the public, and guide for the private sector.
Doing Business Index
The Doing Business Index, prepared annually by the World Bank since 2004, analyzes the business regulations affecting the investment climate in member countries.
Domestic Machinery and Equipment List
Domestic Machinery and Equipment List
It is the document containing the list of machinery and equipment that the investor is planning to procure domestically within the scope of the "Decision Amending the Decision on State Aid in Investments" No. 2012/3305.
Due Date
In the event of failure, it is the time allowed for the performance of a sanction or the payment of a debt.
