Genel

How Should Companies Prepare for the Global Minimum Top-Up Corporate Tax Notification Form?

Türkiye’s global minimum tax rules have introduced new reporting and notification responsibilities for constituent entities of multinational enterprise groups. In general, the rules apply when the group’s annual consolidated revenue exceeds the Turkish lira equivalent of EUR 750 million in at least two of the four fiscal years preceding the relevant fiscal year. Each Turkish…

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How Does the TRY 3,500 SGK Premium Support Affect Payroll Costs for Tourism Businesses?

Personnel expenses are among the largest operating costs in tourism, covering gross wages, employer social security contributions, unemployment insurance premiums, employee benefits and seasonal overtime payments. Introduced under Law No. 7590, the SGK premium support for tourism businesses aims to reduce the social security burden of eligible private-sector accommodation facilities holding a tourism operation certificate…

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“Dependent Document” from Migration Management to be Accepted as Valid for Health Activation Procedures of Foreigners

TAX CIRCULAR: 2026-105 // With the Circular No. 2026-20 published by the Social Security Institution (SGK), amendments have been made regarding the documents required in the general health insurance (GSS) health activation procedures of foreign nationals. Accordingly, for foreigners who cannot provide the standard documents (marriage certificate, passport, etc.) necessary for the determination of family ties, the "Applicant and Accompanying Person Information (Dependent) Document" issued by the Directorate General of Migration Management will be considered sufficient.

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What Is the VAT Rate in Turkey and When Does It Become Relevant for Companies?

VAT in Turkey, known locally as KDV, is an indirect tax applied to supplies of goods and services carried out within commercial, industrial, agricultural and professional activities. Imports of goods and certain cross-border transactions may also fall within the scope of Turkish VAT. Companies should therefore determine which transactions are taxable and which rates apply…

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How Should Foreign Companies Planning to Operate in Turkey Structure Their Accounting Process?

The accounting organization of a foreign-owned company entering the Turkish market should not be treated merely as a system for maintaining statutory records. The company’s legal structure, business model, revenue sources, workforce, import or export activities, and financial relationship with its parent company directly affect the scope of accounting. Therefore, accounting for foreign companies should…

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Common Accounting Mistakes German Companies Make In Turkey

German companies operating in Turkey face a different accounting environment shaped by local tax rules, e-invoicing practices, statutory bookkeeping requirements, payroll obligations, and filing deadlines. Processes that may be routine in Germany can create compliance gaps when applied without adapting them to Turkish regulations. This is why German companies in Turkey need to evaluate accounting…

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Restructuring Regulation for Public Receivables Tracked by Municipalities

TAX CIRCULAR: 2026-92 // Within the scope of the general letter published by the General Directorate of Local Administrations, it was stated that public receivables tracked by municipalities and special provincial administrations will be provided with an installment facility of up to 72 months, without requiring a guarantee for amounts up to 10 million TL.

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