Portfolio Management & Fund Tax Operations

Portfolio Management Companies & Fund Tax Operations

Navigating CMB Regulations and Maximizing Tax Efficiencies for Your Funds

Establishing a fund or partnering with a Portfolio Management Company (PYŞ) in Turkey is one of the most rewarding strategic moves for international investors. Regulated under the strict oversight of the Capital Markets Board of Turkey (CMB / SPK), the Turkish fund ecosystem offers incredible legal security combined with highly attractive tax exemptions.
However, operating under CMB regulations means dealing with rigorous reporting schedules, independent audit compliance, and highly specialized tax legislation.
At Statera, we serve as your expert financial partner, ensuring your funds and management structures remain 100% compliant while fully capitalizing on Turkey's unique tax advantages.

Our Specialized Fund & PYŞ Services

1. Full Regulatory Compliance & CMB Alignment

We take the headache out of strict regulatory oversight, making sure your fund operations tick every legal box smoothly.
• CMB Reporting Setup: Structuring your accounting and bookkeeping systems to flawlessly meet CMB (SPK) standards.
• Audit Readiness: Preparing your financial records for periodic independent audits required by market regulations.
• Governance Support: Navigating the complex regulatory communication between your portfolio management entity and local authorities.

2. Specialized Fund Tax Operations & Administration

Whether you operate a Real Estate Investment Fund (GYF), Venture Capital Investment Fund (GSYF), or Mutual Fund, we handle the delicate daily and periodic tax operations.
• Portfolio Valuation Accounting: Ensuring the fund’s asset values and portfolios are accounted for accurately in line with special tax codes.
• Tax Exemptions & Shielding: Safely managing the fund’s income streams to fully utilize Turkey’s Corporate Tax exemptions and 0% withholding tax (stopaj) benefits for eligible funds.
• Investor Tax Reporting: Providing clear, transparent English financial reporting for your global investors, ensuring they understand their tax-optimized returns.

3. Restructuring & Operational Advisory

We help you design the most tax-efficient structures before you move a single dollar.
• Pre-Establishment Tax Structuring: Evaluating the financial and tax impacts of your fund strategy under current Turkish tax legislation.
• Profit Distribution Management: Calculating and processing distributions to fund participants while maintaining flawless local tax compliance.

Why Global Fund Managers Partner with Statera

• Elite Regulatory Knowledge: We don't just do basic bookkeeping; we speak the specialized language of CMB regulations and fund accounting.
• Maximizing Your Returns: We ensure your fund doesn't miss out on local tax incentives, legally protecting your capital and boosting your investors' confidence.
• Boutique Care for Institutional Structures: Fund management can feel cold and bureaucratic. We bring a warm, transparent, and responsive partnership, keeping you updated in plain, jargon-free English.