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What is Income Withholding Tax Incentive Regarding State Aids?

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For the investments done until 31/12/2023 in the provinces determined by the Council of Ministers according to their statistical regional unit classifications, national income...

What is Joint Stock Company?

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1- WHAT IS JOINT STOCK COMPANY? 1.1- Joint-stock company is a company whose capital is declared and divided into shares and who is only responsible for...

What is the Corporate Tax Ratio of Merged Producing SMEs in...

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1- WHAT IS THE CORPORATE TAX RATIO? Corporate tax ratio is 20% over company’s income. 2- WHO PAYS ADDITIONAL TAX AND FOR WHAT IS IT PAID? Corporate...

If You Have 1.5 Million Dollars, You May Get Turkish Citizenship!

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The Council of Ministers  has added a new sub clause to the second clause of article 20 of the Regulation on Turkish Citizenship Law...

What is Value Added Tax in Turkey?

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In Turkey, the Value Added Tax (VAT) Law entered into force on January 1st, 1985. By the VAT Law, some indirect taxes on consumption...

Turkish Citizenship Law No 5901

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What is the Objective of This Law? Article 1 – (1) The objective of this Law is to determine the principles and the procedures regarding...

How to Get Residence Permit in Turkey

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1- Short-Term Residence Permit for Foreigners For a short-term residence permit, which is issued for a period of one year at most, foreigners who own...