Between Two Worlds – Advisory with Understanding

Our work as tax consultants isn’t just about numbers – it’s about understanding. Many of our clients navigate between two cultural systems with different expectations, communication styles, and perspectives. That’s exactly why we created this page – as a bridge and an invitation to better mutual understanding.

Cultural Differences in Daily Business

In our daily work, we see how small cultural misunderstandings can lead to major friction – or conversely, how a good sense for these differences creates new opportunities.

A few examples from the business world:

Communication

Germany 🇩🇪:
Direct, brief, formal. “No” means no. Please confirm everything in writing

Turkey 🇹🇷:
Indirect, emotional, between the lines. The word “no” rarely appears – instead you get “Maybe,” a smile, or a raised eyebrow.

Example:
German: “This offer is too expensive.”
Turk: “Hmm, we need to think about it again…” – but actually means the same thing.

Business Orientation

Germany 🇩🇪:
“The matter counts.” Expertise, numbers, contracts. Relationship is secondary.

Turkey 🇹🇷:
“The person counts.” Trust, closeness, and friendship come before the actual deal.

Example:
At the first meeting, the German asks: “Where’s the contract?”
The Turk asks: “How’s your family?” – meaning: trust first, contract later.

Behavior & Expression

Germany 🇩🇪:
Reserved, minimal gestures. Everyone speaks in turn.

Turkey 🇹🇷:
Lots of facial expressions and gestures. Everyone talks at once, but somehow everyone understands.

Example:
In a German meeting, everyone politely raises their hand.
In a Turkish meeting, five people talk simultaneously – yet miraculously everyone figures it out.

Time Perception

Germany 🇩🇪:
Monochronic – “Time is money.” Punctuality is mandatory, planning is long-term.

Turkey 🇹🇷:
Polychronic – Time is flexible. Relationships matter more than the exact appointment time.

Example:
For a German businessperson, 10 minutes late is disrespectful.
A Turkish businessperson says: “Brother, relax, let’s have some tea first.”

Hierarchy & Authority

Germany 🇩🇪:
Flatter hierarchies. Bosses are often questioned.

Turkey 🇹🇷:
Clear hierarchies, respect for authority. A good boss is a father figure.

Example:
In Germany, an employee tells the boss: “I have a better idea.”
In Turkey, the employee says: “Boss, whatever you want” – and does exactly that.

Individualism vs. Collectivism

Germany 🇩🇪:
Everyone is responsible for themselves, independence is valued.

Turkey 🇹🇷:
Family, friends, acquaintances – the network is more important than going it alone.

Example:
The German hires someone because they have the best qualifications.
The Turk hires a friend’s cousin – because loyalty is guaranteed.

Uncertainty Avoidance

Germany 🇩🇪:
Rules, regulations, predictability. Security through structure.

Turkey 🇹🇷:
Flexible, improvisational. “Inshallah, it’ll work out somehow.”

Example:
In Germany, there’s a 20-page project plan.
In Turkey, a piece of paper suffices: “Let’s meet tomorrow, we’ll figure it out.”

Masculinity vs. Femininity

Germany 🇩🇪:
Performance, competition, efficiency. “Live to work.”

Turkey 🇹🇷:
Harmony, solidarity, quality of life. “Work to live.”

Example:
In Germany, people proudly say: “I worked 60 hours.”
In Turkey, people proudly say: “I have 60 friends I had dinner with.”

Conclusion

No culture is better or worse – they’re simply different.
Those who understand the differences can use them to their advantage. That’s how successful cross-cultural entrepreneurs are made.

Glossary: Terms from the Tax World

Terms that appear in both languages but don’t always carry the same meaning are frequently used in our community.

In this glossary, we explain the most important terms in German, Turkish, and English.

Scroll to the right to see full glossary -> 

German (with abbreviation)

Turkish

English

Explanation

GmbH (Gesellschaft mit beschränkter Haftung)

Limited Şirket

Limited Liability Company (LLC)

Most common company form in Germany, minimum capital €25,000

Steuernummer (St.Nr.)

Vergi numarası

Tax Number

Unique number for the tax office, required for invoices.

Bilanz

Bilanço

Balance Sheet

Comparison of assets and liabilities at year-end.

Umsatzsteuer (USt)

Katma Değer Vergisi (KDV)

Value Added Tax (VAT)

Consumption tax on goods and services.

Einkommensteuer (ESt)

Gelir vergisi

Income Tax

Tax on income of natural persons.

Körperschaftsteuer (KSt)

Kurumlar vergisi

Corporate Income Tax

Tax on profits of corporations.

Lohnsteuer (LSt)

Gelir vergisi (maaş için)

Wage Tax

Income tax on wages, paid directly by employer.

Kapitalertragsteuer (KapESt)

Sermaye kazancı vergisi

Capital Gains Tax

Tax on income from capital investments (e.g., dividends).

Summen- und Saldenliste (SuSa)

Toplamlar ve bakiyeler listesi

General Ledger / Trial Balance

Overview of all account movements and their balances.

Betriebswirtschaftliche Auswertung (BWA)

İşletme analiz raporu

Business Management Report

Monthly evaluation for entrepreneurs with key metrics.

Anlagenspiegel (AV-Spiegel)

Duran varlık tablosu

Fixed Asset Schedule

Overview of development and depreciation of fixed assets.

Vorsteuer (VoSt)

İndirilecek KDV

Input Tax

VAT paid on purchases that can be refunded by tax office.

Gewerbesteuer (GewSt)

Ticaret vergisi

Municipal Trade Tax

Tax levied by municipalities on business profits.

Jahresabschluss (JA)

Yıllık bilanço

Annual Financial Statement

Summary of all business figures at year-end.

Gewinn- und Verlustrechnung (GuV)

Kar ve zarar tablosu

Profit and Loss Statement

Overview of revenues and expenses.

Rückstellung (RST)

Karşılık

Provision / Accrual

Reserve for uncertain liabilities.

Abschreibung (AfA)

Amortisman

Depreciation

Decrease in value of fixed assets over useful life.

Buchführung

Muhasebe

Accounting

Organized recording of all business transactions.

Betriebsausgabe

İşletme gideri

Business Expense

Business-related costs that are tax-deductible.

Betriebsprüfung (BP)

Vergi denetimi

Tax Audit

Review by tax office to verify accuracy of tax returns.

Finanzamt (FA)

Vergi dairesi

Tax Office

Authority that collects and controls taxes.

Steuererklärung (StErkl.)

Vergi beyannamesi

Tax Return

Submission of all relevant data for tax calculation.

Steuerbescheid (StBesch.)

Vergi bildirimi

Tax Assessment Notice

Official notice from tax office about tax assessment.

Verlustvortrag (VV)

Zarar mahsubu

Loss Carryforward

Losses carried forward to future years.

Freiberufler

Serbest meslek erbabı

Freelancer / Liberal Profession

Self-employed in certain professions, not subject to trade tax.

Selbstständigkeit

Serbest çalışma

Self-employment

Activity on one's own account.

Personengesellschaft (PersG)

Şahıs şirketi

Partnership

Company form (e.g., GbR, OHG, KG).

Kapitalgesellschaft (KapG)

Sermaye şirketi

Corporation

Legal entity with its own assets (e.g., GmbH, AG).

UG (haftungsbeschränkt)

Sınırlı sorumlu şirket (UG)

Entrepreneurial Company

"Mini-GmbH," can be founded with €1 capital.

AG (Aktiengesellschaft)

Anonim şirket

Stock Corporation

Corporation with shares, minimum capital €50,000.

Geschäftsführer (GF)

Genel müdür / Müdür

Managing Director

Management body of a capital company, represents the company externally.

Stammkapital

Esas sermaye

Share Capital

Minimum capital of a GmbH.

Eigenkapital (EK)

Öz sermaye

Equity

Assets belonging to the owners.

Fremdkapital (FK)

Yabancı sermaye

Debt Capital

External capital, e.g., bank loans.

Liquidität (Liq.)

Likidite

Liquidity

Ability to make short-term payments.

Umsatz

Ciro

Turnover / Revenue

Total income of a business.

Gewinn

Kâr

Profit

Revenue minus expenses.

Vorsteuerabzug

İndirilecek KDV indirimi

Input Tax Deduction

Option to deduct paid VAT from tax liability.

Steuer-ID (IdNr.)

Vergi kimlik numarası

Tax Identification Number (TIN)

Personal tax identification number for individuals.

Umsatzsteuer-Identifikationsnummer (USt-IdNr.)

KDV kimlik numarası

VAT Identification Number

EU-wide VAT identification number.

Doppelbesteuerungsabkommen (DBA)

Çifte vergilendirme anlaşması

Double Taxation Agreement

Treaty to avoid double taxation.

Kleinunternehmerregelung (KUR)

Küçük işletme kuralı

Small Business Regulation

Exemption from VAT for turnover under €22,000.

Sonderausgaben (SA)

Özel giderler

Special Expenses

Certain private expenses that are tax-deductible.

Werbungskosten (WK)

Mesleki giderler

Work-related Expenses

Professionally incurred costs.

Umsatzsteuervoranmeldung (UStVA)

Katma değer vergisi ön beyanı

Advance VAT Return

Monthly or quarterly VAT report to tax office.

Einnahmen-Überschuss-Rechnung (EÜR)

Gelir-gider tablosu

Cash Basis Accounting

Simplified profit calculation for small businesses.

Rechnungswesen (ReWe)

Muhasebe sistemi

Accounting System

Entire system of financial recording.

Kontenrahmen (SKR)

Hesap planı

Chart of Accounts

Standardized structure for booking accounts.

Vollstreckung

İcra takibi / Cebri icra

Enforcement / Debt Collection

Forced collection of outstanding claims.

Pfändung

Haciz

Seizure / Garnishment

Seizure of assets or wages to settle debts.

Mahnung

İhtarname / Ödeme hatırlatması

Payment Reminder

Written demand for payment of overdue invoices.

Factoring

Faktoring

Factoring

Sale of receivables to a financial company.

Gewinnermittlung

Kâr hesaplaması

Profit Determination

Calculation of taxable profit.

Vorläufiger Steuerbescheid

Geçici vergi bildirimi

Provisional Tax Assessment

Preliminary tax assessment, can be changed.

Progressiver Steuersatz

Artan oranlı vergi

Progressive Tax Rate

Tax rate increases with rising income.

Solidaritätszuschlag (Soli)

Dayanışma payı

Solidarity Surcharge

Surcharge on income and corporate tax.

Kirchensteuer (KiSt)

Kilise vergisi

Church Tax

Tax for members of certain religious communities.

Steuerberater (StB)

Yeminli mali müşavir

Tax Advisor

Professional advisor for tax matters.

Betriebsvermögen (BV)

İşletme varlıkları

Business Assets

Assets belonging to the business.

Privatentnahme (PE)

Özel çekiş

Private Withdrawal

Withdrawal of money or goods by the entrepreneur.

Investitionsabzugsbetrag (IAB)

Yatırım indirimi

Investment Deduction

Tax benefit for planned investments.

Abschlagszahlung

Ara ödeme

Advance Payment

Partial payment on a larger debt or invoice.

Steuerklassen (StKl)

Vergi sınıfları

Tax Classes

Classification for wage tax calculation in Germany.

Steuergestaltung

Vergi kaçınma

Tax Avoidance

Legal use of tax benefits to minimize tax burden.

Steuerhinterziehung

Vergi kaçakçılığı

Tax Evasion

Illegal concealment or manipulation of tax information.

Steuerstundung

Vergi ertelemesi

Tax Deferral

Postponement of tax payment to a later date.

Because trust is based on understanding. Many of our clients particularly appreciate this translation service between language, culture, and system in our work. Whether you’re an entrepreneur, investor, or self-employed – if you want to succeed in an international context, you need not only expertise but also cultural competence. This is exactly where we come in.

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