Tax-Related Issues in Turkey

Our specialists in local taxation will provide valuable information related to the minimization of the taxes you will pay for your business in Turkey. They can also help you plan your future budget according to your company’s needs

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Amanda Seyfried
Founder & CEO, Arcade Systems

Companies whose legal or business headquarters are located in Turkey are subject to corporate tax on their worldwide income; described as full liability taxpayers in the legislation. Limited liability taxpayers whose legal and business headquarters are not located in Turkey are taxed on their income derived in Turkey.

Turkey also imposes 15% withholding tax on dividends, 20% on professional services, and royalty payments made to non-residents. Turkey has an extensive double taxation treaty (DTT) network that will reduce the local withholding tax rate on such types of income.

Turkey is a signatory to the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) and has agreed to adopt the minimum standards as well as certain optional provisions. The ratification process has not yet been completed.

In addition to direct taxes, the Turkish taxation system includes indirect taxes such as value-added tax, special consumption tax, banking and insurance transactions tax, special communication tax, stamp tax, customs tariff, and fees.

World Legal Advocates has the local knowledge to help you navigate these minefields. Whether your company is in Turkey or outside Turkey, we will help you with all your operations, talk to us.

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