In todays’ business world ,in order to be competitive the equilibrium between the risk and gains must be found.
Enterprises desire to reach the best performance and attain sustainable financial position.To achieve this they need the opportunity to reach to knowledge and honest and reliable profesionals who can provide this.
D.K. Deniz & Co. has been providing high quality audit and tax consultancy services to many enterprises operating in variors industries.
With the help of or extensive knowledge and experience we help enterprises to submit the tax returns giving complete information on time.
BANKING
| Derviş Kemal Deniz | Nihat Çakan | Perihan Deniz |
|---|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com | E: perihan.deniz@dkdeniz.com |
The relationship between the financial services and the whole economic activity is the main determinant of the steady and running regulated economic performans.Re organisation of the banking system after 2000-2001 Banking Crisis in the TRNC has changed the structure of the financial system,by the introduction of the new Banking Law.By the application of the new Banking Law in 2001 the operations of the banks in the TRNC has been monitored closely by the Central Bank thus creating stability in the financial sector.
Under Banking Law and its regulations, banks operating in the TRNC are required to submit regular reports to the Central Bank for the purpose of audit and surveillance. Also under Banking Law banks are required to be audited by independent auditors.
Banking sector is becoming highly specialised and inline with the development in the global economy, provide new products to their customers.Bank operating in the developing banking sector need to improve their internal control systems against the risks in accordance with international banking and audit procedures and related local laws.
D.K. Deniz & Co. with its experianced staff has been providing external and internal audit and legal and tax consultancy to the local banks for many years.
TRANSPORTATION (LOGISTICS)
| Derviş Kemal Deniz | Perihan Deniz |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: perihan.deniz@dkdeniz.com |
With the increase of globalisation the need for the transportation of small parcels has also increased.In parellel to this demand the enterprises providing logistic distribution of parcels since 1990 have formed an important business sector.
Cargo transport enterprises operating in the TRNC have been occupying an important place in the area of transportation of small parcels and posts.Because of the different nature business activity the logistics transport companies need to comply with different sections in the tax laws. Our firm with experienced staff has been providing services to this sector for a long time as auditors and tax consultants.
PASSENGER TRANSPORTATION
| Cem Derenli | Nihat Çakan |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: cem.derenli@dkdeniz.com | E: nihat.cakan@dkdeniz.com |
People are constantly travel from their places for the purpose of business or leisure for a short period of time.With the development of these activities, the passenger transport companies(air,sea or land) are carrying on in business with fierce competition.Amongst these transport companies, airlines are the most popular due to time advantage.
Airlines and other transport companies need to have strong financial position due to heavy competition.The investment requirements and performans measurement require professional expert knowledge D.K. Deniz & Co. has been providing external audit and tax consulting services to airline companies in the TRNC since 1996.The review of the accounting and internal control systems of these companies are also within the scope of the services of our firm.
DISTRIBUTION OF WATER AND DISALINATION
| Derviş Kemal Deniz | Nihat Çakan |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com |
Distribution and dissalination of water has been carried out by the municipalities in the TRNC.Municipalities have formed a limited liability company to undertake the present water distribition and dissalination operations.The strategic business plan of this limited liability company was prepared by our firms’ staff .In addition to this our firm has been providing audit and consulting services to this company for tax and other legal matters.
MARINA MANAGEMENT
| Derviş Kemal Deniz | Cem Derenli |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: cem.derenli@dkdeniz.com |
Seas have been the major transport domain for many centuries.In the development of globalisation seas play important part and is the primary facor for the tourism activities.People who are bored from the intense urban activities seek to find escape to the seas and nature. With the increase of wealth and technological developments,yatching and marina sector has improved considerably:
Our country has got a share of this development.In the Karpaz Peninsula in the TRNC the first marina has been operating for many years.This marina has been the pioneer in the future development of yatching and marinas in the country.D.K. Deniz &Co. has been providing services to the first marina since its foundation.Our services include audit and tax consulting.We are also providing help in during the application for incentives provided for this sector.
MEDIA AND PUBLISHING
| Perihan Deniz | Nihat Çakan | Cem Derenli |
|---|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: perihan.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com | E: cem.derenli@dkdeniz.com |
In the TRNC the traditional press, broadcast media or digital media are forming a very important industry sector as part of the democracy.Daily newspapers published in the TRNC are me than tenin number.In addition to this there are radio and television broadcasting organisations.
Newspapers and broadcasting organisation are subject to financial legal regulations as well broadcasting rules.Our firm has been providing audit and tax services to media companies for many years with its well experienced and professional staff.
INSURANCE SERVICES
| Cem Derenli |
|---|
| P: +90 (392) 228 6708 |
| E: cem.derenli@dkdeniz.com |
Insurance companies operating in the TRNC are carrying on in business under the regulations of TRNC Insurance Services and Survelience Law.After the establishment of legal framework within which the industry operates, there has been important developments.There have been changes in the establishment of insurance companies and calculation of reserves.
Insurance companies operating in the TRNC are required to submit quartely audited financial statements D.K.Deniz & Co. provides external audit,reporting accounting and tax consulting services to insurance companies.At present we are acting as the auditors and consultants to major insurance companies in the TRNC.
OIL AND GAS EXPLORATION
| Derviş Kemal Deniz | Nihat Çakan | Cem Derenli |
|---|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com | E: cem.derenli@dkdeniz.com |
D.K. Deniz & Co. offers an efficient service to oil and gas clients.We have experience in working with oil clients.Our clients are involved in the early stage of exploration.We also work with clients involved in running of petrol stations.Our services include audit and tax consulting to the companies operating in this sector.
TELECOMMUNICATION
| Derviş Kemal Deniz | Nihat Çakan | Cem Derenli |
|---|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com | E: cem.derenli@dkdeniz.com |
Telecommunication sector has been one of the highly developing and improving sectors in the last 20 years.Growing competition ,the increse of client relations,changing business environment, regulatory framework and technological developments are the major topics affecting the telecommunication sector.
D.K.Deniz & Co.with its experienced and professional staff has been providing services to one of the major GSM operator in the TRNC.Our firms experience and knowledge in this sector is one of our major qualities.
INDUSTRY (MANUFACTORING)
| Perihan Deniz | Nihat Çakan | Sevgin Öztosun |
|---|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: perihan.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com | E: sevgin.oztosun@dkdeniz.com |
Manufactoring companies in the TRNC have been developing in accordance with the availability of resoures in the country .Small and medium size Manufactoring companies operating in the TRNC require audit and tax consulting services.D.K.Deniz & Co. has been providing audit and tax consulting services to various type of production companies and helping them to get incentives for new product lines.
TOURISM
| Derviş Kemal Deniz | Nihat Çakan |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com |
Tourism sector is considered as the locomotive of the TRNC economy.Since 2000 there have been many tourism investments and the number of tourists visiting the country have increased.
In addition to the natural beauty of the island, the availability of favourable investment incentives provide good oppotunities for investors.There are very favourable tax advantages provided for the investors derived from the Tourism Investment Incentive available.Initial investment allowance of 100 % (One hundered percent) of the investment provide extremely farourable tax advantage to investors.Our firm has been providing audit and tax consulting services to the companies operating in the tourism sector.In addition to this, we provide help to these investors who require to get investment incentive form the government.
EDUCATION (UNIVERSITY AND HIGH SCHOOL)
| Derviş Kemal Deniz | Nihat Çakan | Perihan Deniz |
|---|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: nihat.cakan@dkdeniz.com | E: perihan.deniz@dkdeniz.com |
There has been tremendous development in higher education sector in the TRNC since the begining of 1980’s.In the TRNC apart for the goverment managed universities, there are universities established by the private sector and also there are local campuses of 3 major universities of Turkey.Apart for universities the private sector has been establishing primary and secondary schools creating a neweducational field.Education sector is one of the two locomotive sectors with tourism in the country.Our firm has been involved in the formation start up, establishment of accounting system, external and internal audits and tax consulting of the universities for over 30 years.Experienced staff of D.K. Deniz & Co. have been providing services to the universities by which they can follow the frequently changing legislation and international practice.
TRADE & COMMERCE (RETAİL+CONSUMER)
| Nihat Çakan | Perihan Deniz |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| nihat.cakan@dkdeniz.com | perihan.deniz@dkdeniz.com |
| Cem Derenli | Sevgin Öztosun |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| cem.derenli@dkdeniz.com | sevgin.oztosun@dkdeniz.com |
One of the must important sectors of the TRNC economy is the retail and consumer sector.Due to the country’s physical condition and availability of natural resources ,retail and consumer business has always been the leading sector.
The retail market is diverse and complex.The diverse nature of the retail and consumer sector brings out varying accounting applications, incentives and tax advantages or restrictions. In order to cope with varying applications ,many companies are requiring our professional services.
D.K.Deniz & Co. is providing audit ,IFRS reporting , tax and management consulting services.Our experience of many years is the basis of our quality services we provide in this sector.
CONSTRUCTION
| Nihat Çakan | Sevgin Öztosun |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: nihat.cakan@dkdeniz.com | E: sevgin.oztosun@dkdeniz.com |
Our firm has been providing audit and tax consulting services to construction companies for many years.Construction industry holds an important share in the TRNC economy.It is one of the few sectors which are subject to great risks due to ups and downs in the general economic conditions.In addition this ,it is important for the companies operating in this sector to follow the changes in the local laws and regulations.Companies which are subject to volitile economic conditions need a very reliable tax and management consulting.Our firm’s experience with the major companies in this sector makes us a very desirable professional consulting firm in this sector.
ELECTRICITY POWER SUPPLY AND DISTRIBUTION
| Derviş Kemal Deniz | Cem Derenli |
|---|---|
| P: +90 (392) 228 6708 | P: +90 (392) 228 6708 |
| E: dervis.deniz@dkdeniz.com | E: cem.derenli@dkdeniz.com |
D.K.Deniz & Co. has been providing services to companies providing electricity power supply and distribution outside the TRNC.Companies operating in this sector are trying to provide continous electricity supply.Based on the risk involved in the sector, we provide professional audit and tax consulting and IFRS reporting.Our experienced staff provide the professional services required by these companies.
