Nov. 18, 2024
Progress of Turning Over A Company
The Risks for Tuna Family
For the record, there is an income tax risks for Tuna Family, as their shares transferring to Marmaris does is within 2 years. These risks come from partnership and don't spread to the company.
Marmaris Shares
Mr Nasser seems owner in the chamber of commerce. Mr Nasser's name are not endorsed at the back of shares. As per phone conversation with Mr Rafet, Mr Nasser's name has to be endorsed at the back of shares which comply with date of October 24. Endorsing transaction has to be done by our instruction. Furthermore, a minute has to be written about who keeps paper shares and delivering the shares. Mr Nasser can hand over the shares to his father Mr Ali, after he keeps the share for 2 years. If he hands over the shares to his father before expiring 2 years, he may encounter very heavy tax liability. That's why he should not hand over the shares within 2 years.
Status Of Marmaris AŞ
The Capital of company is 50.000 TL which is very little by comparing with company's assets. Yalova Group AŞ must increase the capital at the end of the process. the account of Payable SHareholders looks very high in trial balance. This might lead us to tax inspections. As per conversation with Ms Derya, we will evaluate this matter before year-end.
Mr Rafet keep Yalova Group shares and share books. When Yalova Group AŞ shares are handed over Marmaris, this transaction will be recorded by Marmaris's accounting books. I warned and informed Ms Derya this matter.
Controlling Yalova Group AŞ Management
In order to for the company to be under our control completely, Managing Director, Finance and Accounting Directors has to be changed. In this respect, a job advertisement for role of accounting director has been released. Mr Gürkan and Mr Rafet will involve in interviews. This process will be administrated by me.
Alantar Manner of Work
When all process are completed, we can award consultancy contract with Yalova and Marmaris Firms starting from 2025 in case managers of companies approve. All accounting and tax audits will be done by our team. Furthermore, this contract will include all concultancy activities as well.
The Risks for Tuna Family
¶
For the record, there is an income tax risks for Tuna Family, as their shares transferring of shares to Marmaris does isis completed within 2 years.
"An" denotes it being singular. If there are multiple risks, it would be "there are [multiple] income tax risks..."
These risks come from the partnership and don't spread to the company.
Marmaris Shares
¶
Mr. Nasser seems owner into be the head of the cChamber of cCommerce.
Mr. Nasser's name are not endorsed aton the back of the shares.
As perIn a phone conversation with Mr. Rafet, Mr. Nasser's name has tomust be endorsed aton the back of the shares which comply with date ofand be in compliance by October 24.
You can also say "As agreed in a phone conversation with Mr. Rafet". I prefer "must" over "has to" because there is a more authoritative tone to it.
Endorsing a transaction has to be done by ouper instruction.
I'm not really understanding what this sentence is trying to convey.
Furthermore, a minuteit has to be written about who keeps paper shares and delivering the sharand delives the shares in the [meeting] minutes.
Mr. Nasser can hand over the shares to his father Mr. Ali, after he keeps the share for 2 years.
If he hands over the shares to his father before expiringthe 2 years expire, he may eincounter very heavyur a severe tax liability.
That's why [I think that] he should not hand over the shares within 2 years.
Not gramatically wrong, but here it might be best to insert something to denote that this is more of an opinion.
Status Of Marmaris AŞ
¶
The Ccapital of the company is 50.000 TL which is very little by comparingexremely small in contrast with the company's assets.
You can also say "considering" in place of "in contrast with"
Yalova Group AŞ must increase their capital atby the end of the process.
tThe aAccount ofs Payable SHof the shareholders looks veryseems quite high in the trial balance.
In accounting "Accounts Payable (AP)" is the proper name of an account and must be capitalized.
This might lead us to some tax inspections.
As per conversation with Ms. Derya, we will evaluate this matter before the year- ends.
Mr. Rafet gets to keep Yalova Group's shares and share books.
When Yalova Group AŞ shares are handed over Marmaris, thise transaction will be recorded by Marmaris's accounting books.
I warned and informed Ms. Derya of this matter.
Controlling Yalova Group AŞ Management
¶
In order to for the company to be under our control completely, the Managing Director, Finance, and Accounting Directors hasve to be changed.
In this respect, a job advertisement for the role of aAccounting dDirector has been releasposted.
Mr. Gürkan and Mr. Rafet will be involved in the interviews.
This process will be administrated by me.
Alantar Manner of Work
¶
When all the processes are completed, we can award the consultancy contract with the Yalova and Marmaris Ffirms starting fromin 2025 inf the case managers of both companies approve.
All accounting and tax audits will be done by our team.
Furthermore, this contract will include all concsultancy activities as well.
Feedback
Great job! Small errors errors here and there, mostly pertaining to small things like punctuation, articles, and plurality. However, this was still comprehensible and deals with accounting terms and concepts which aren't easy things for native English speakers to understand either. Great job!
|
Progress of Turning Over A Company |
|
The Risks for Tuna Family For the record, there is an income tax risks for Tuna Family, as their shares transferring to Marmaris does is within 2 years. The Risks for Tuna Family "An" denotes it being singular. If there are multiple risks, it would be "there are [multiple] income tax risks..." |
|
These risks come from partnership and don't spread to the company. These risks come from the partnership and don't spread to the company. |
|
Marmaris Shares Mr Nasser seems owner in the chamber of commerce. Marmaris Shares |
|
Mr Nasser's name are not endorsed at the back of shares. Mr. Nasser's name are not endorsed |
|
As per phone conversation with Mr Rafet, Mr Nasser's name has to be endorsed at the back of shares which comply with date of October 24.
You can also say "As agreed in a phone conversation with Mr. Rafet". I prefer "must" over "has to" because there is a more authoritative tone to it. |
|
Endorsing transaction has to be done by our instruction. Endorsing a transaction has to be done by I'm not really understanding what this sentence is trying to convey. |
|
Furthermore, a minute has to be written about who keeps paper shares and delivering the shares. Furthermore, |
|
Mr Nasser can hand over the shares to his father Mr Ali, after he keeps the share for 2 years. Mr. Nasser can hand over the shares to his father Mr. Ali, after he keeps the share for 2 years. |
|
If he hands over the shares to his father before expiring 2 years, he may encounter very heavy tax liability. If he hands over the shares to his father before |
|
That's why he should not hand over the shares within 2 years. That's why [I think that] he should not hand over the shares within 2 years. Not gramatically wrong, but here it might be best to insert something to denote that this is more of an opinion. |
|
Status Of Marmaris AŞ The Capital of company is 50.000 TL which is very little by comparing with company's assets. Status Of Marmaris AŞ You can also say "considering" in place of "in contrast with" |
|
Yalova Group AŞ must increase the capital at the end of the process. Yalova Group AŞ must increase their capital |
|
the account of Payable SHareholders looks very high in trial balance.
In accounting "Accounts Payable (AP)" is the proper name of an account and must be capitalized. |
|
This might lead us to tax inspections. This might lead us to some tax inspections. |
|
As per conversation with Ms Derya, we will evaluate this matter before year-end. As per conversation with Ms. Derya, we will evaluate this matter before the year |
|
Mr Rafet keep Yalova Group shares and share books. Mr. Rafet gets to keep Yalova Group's shares and share books. |
|
When Yalova Group AŞ shares are handed over Marmaris, this transaction will be recorded by Marmaris's accounting books. When Yalova Group AŞ shares are handed over Marmaris, th |
|
I warned and informed Ms Derya this matter. I warned and informed Ms. Derya of this matter. |
|
Controlling Yalova Group AŞ Management In order to for the company to be under our control completely, Managing Director, Finance and Accounting Directors has to be changed. Controlling Yalova Group AŞ Management |
|
In this respect, a job advertisement for role of accounting director has been released. In this respect, a job advertisement for the role of |
|
Mr Gürkan and Mr Rafet will involve in interviews. Mr. Gürkan and Mr. Rafet will be involved in the interviews. |
|
This process will be administrated by me. This sentence has been marked as perfect! |
|
Alantar Manner of Work When all process are completed, we can award consultancy contract with Yalova and Marmaris Firms starting from 2025 in case managers of companies approve. Alantar Manner of Work |
|
All accounting and tax audits will be done by our team. This sentence has been marked as perfect! |
|
Furthermore, this contract will include all concultancy activities as well. Furthermore, this contract will include all con |
You need LangCorrect Premium to access this feature.
Go Premium