Hiring Employees in Turkey: The Right Model for Your Global Workforce
Expanding your business to Turkey or building a remote team in the region? Hiring employees in Turkey involves navigating legal, tax, and payroll complexities. Choosing the right employment model is critical for compliance, cost efficiency, and operational success. At ÖzbekCPA, we help international companies and HR platforms navigate employee hiring in Turkey smoothly and in […]
Stamp Tax in Turkey: Legal Framework, Calculation, and Compliance Guide
Overview of Stamp Tax in Turkey Stamp Tax in Turkey is a transaction-based tax imposed on a wide range of documents, including contracts, payrolls, and financial statements. The applicable rates range between 0.189% and 0.948%, depending on the document type and monetary value involved. For salary payments, a 0.759% stamp tax is applied on the […]
Mergers & Acquisitions in Turkey: A 2025 Guide by ÖzbekCPA & Invest360go
Explore Turkey’s Dynamic M&A Environment Thanks to its evolving economy, strategic location, and growing market potential, Mergers & Acquisitions in Turkey continue to attract strong interest from both local and international investors. At ÖzbekCPA and Invest360go.com, we provide tailored advisory services for businesses interested in M&A transactions, including mergers, acquisitions, or joint ventures in the […]
Tax Ruling in Turkey
At ÖzbekCPA, we guide our clients through Tax Ruling in Turkey with clarity and compliance.. One of the most effective tools for eliminating uncertainty in tax matters is the “tax ruling in turkey,” which allows taxpayers to request official interpretations of ambiguous or unclear tax provisions. What Is a Tax Ruling in Turkey ? A […]
Tax System in Turkey
Overview of the Tax System in Turkey The Turkish Tax System is structured into two main categories: direct taxes and indirect taxes. The direct taxation system primarily includes Personal Income Tax (PIT) and Corporate Income Tax (CIT), while the indirect taxation system includes Value Added Tax (VAT), Special Consumption Tax (SCT), Stamp Tax, Banking and […]
Foreign Branch vs. Company in Turkey – Key Differences & Best Choice
Companies with headquarters abroad can operate in Turkey by establishing a branch or a company. There are significant differences between these two structures, and in certain cases, setting up a branch may be more advantageous. Comparison of Foreign Branch and Company in Turkey Criteria Company Branch Legal Entity and Management Has an independent legal entity; […]
Types of VAT Withholding and Rates in Turkey (2025 Updated Guide)
VAT Withholding (KDV Tevkifatı) and Its Role in the Turkish Tax System VAT withholding (KDV Tevkifatı) is a system implemented in Turkey to secure tax collection and prevent the informal economy in specific sectors. As part of taxation in Turkey, this mechanism ensures that tax liabilities are fulfilled effectively by transferring a portion of the […]
What is VAT Withholding Refund in Turkey?
VAT withholding refund is a tax reclaim process that allows businesses to recover excess Value Added Tax (VAT) that cannot be deducted due to withholding mechanisms. This process prevents financial losses from accumulated VAT balances and helps improve cash flow. In Turkey, VAT withholding is widely applied in industries such as construction, consultancy, workforce supply, […]
Self-Employment Income in Turkey: Taxation, Exemptions & Expenses
What is Self-Employment Income in Turkey? Self-Employment Income in Turkey refers to earnings generated through professional, scientific, or artistic activities conducted independently, without an employer, and without a commercial nature. According to Article 65 of the Personal Income Tax Law (PITL), all forms of self-employment income in Turkey fall under this category. Income earned by […]
Inheritance Tax, Inheritance Procedures, and Citizenship by Investment in Turkey
Inheritance Tax In Turkey, inheritance tax is applied to the assets inherited by legal heirs after the death of an individual. This tax is calculated based on the total value of the inheritance as follows: Tax Base Through Inheritance (%) Gratuitous Transfers (%) Up to 1,700,000 TL 1 10 Next 4,000,000 TL 3 15 Next […]
