FORM W-8BEN-E: A GUIDE FOR COMPANIES IN TURKEY
Short answer Form W-8BEN-E is the IRS form on which an entity organised outside the United States certifies to a payer that it is a foreign entity and the beneficial owner of the payment for United States withholding and reporting purposes. The form is not filed with the IRS; it is given to the payer […]
Transit Trade and Bonded Warehouse Transfers: VAT Exemption and Invoicing
What are transit trade and the transfer of goods in a bonded warehouse? In transit trade, goods are purchased from a supplier in a foreign country and sold to a buyer in another country without being released for free circulation in Turkey. The goods may never enter the customs territory of Turkey, or they may […]
E-commerce in Turkey: Setup, Registration and Compliance
E-commerce in Turkey means offering products or services for sale through a website, a mobile application, social media channels or online marketplaces. A successful and compliant e-commerce operation is not, however, limited to setting up a website or opening a store on a marketplace. Company formation, tax registration, notification to the electronic commerce information system, […]
CPA Report for the Investment Completion Permit
An important change in investment incentive applications came into effect with the March 9, 2026 circular of the Ministry of Industry and Technology. In line with the Council of State’s 8th Chamber’s decision to suspend implementation, this regulation stipulates that a Certified Public Accountant (CPA) report will now be required for investment completion visa procedures, […]
Opening a Bank Account in Turkey for Foreigners: Full Guide for Individuals and Companies
doing business in the country. Whether you’re a tourist planning an extended stay, a student, an expatriate, or a foreign entrepreneur establishing a company, understanding the procedures and legal requirements for opening a bank account in Turkey is essential. This guide outlines everything you need to know about personal and corporate banking options for foreigners. […]
Organized Industrial Zones in Turkey
Turkey’s Free Zones offer businesses tax exemptions, operational flexibility, and strategic access to domestic and international markets. Learn about the advantages, company types, and how to establish a business in these zones.
Turkish Tax Calendar
Please click on the link to access the current Tax Calender . http://gib.gov.tr/en/references-and-resources/tax-calender
Total Employer Costs in Turkey
The total cost of employing someone in Turkey is the gross salary plus the employer’s social security and unemployment insurance contributions. The employer’s share is 22.75% of gross salary, or 17.75% where the five point reduction applies, and it stops rising once salary passes the premium ceiling. Everything else in the calculation — income tax, […]
Important Links
Explore important links for businesses and investors in Turkey, including resources from the Istanbul Chamber of Industry, Ministry of Justice, Ministry of Foreign Affairs, and more. Reach out to OzbekCPA for expert consultation and support.
Tax Rates in Turkey
Comprehensive Guide to Turkey’s 2026 Tax Rates in Turkey This page provides detailed and up-to-date information on Tax Rates in Turkey and Tax Exemptions for 2026, offering essential insights for individuals, businesses, and financial professionals. Covering topics such as the minimum wage in Turkey for 2026, income tax brackets, and stamp tax rates, it serves […]
