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Foreign Trade Indices – February 2019

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Foreign Trade Indices, February 2019 The overall export unit value index decreased by 6.3%As compared with the corresponding month of the preceding year, the overall...

Is VAT applied on the invoice prepared while delivering goods to...

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 A retail company will deliver the goods in Turkey  and issue the invoice for the foreign company.  Are there any special cases for the...

Can airline companies make transactions with foreign exchange when making an...

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SUBJECT About airline companies making transactions with foreign exchange. QUESTION …I’m working for an airline company. In accordance with article 17 of the notice published on 6th...

Is a board member of a foreign Inc. required to obtain...

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SUBJECT About foreign board members obtaining a work permit. QUESTION          Inc. with 3 partners 2 partners are foreign 1 partner is Turkish All shares are transferred to one of the...

Is it possible for the shareholders to lend money to a...

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Our incorporated company is an export company. It uses USD for all transactions including domestic purchases. The company is in urgent need of cash...

Do we have to pay Minimum Living Allowance (MLA) for foreign...

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Is a taxpayer required to follow the same MLA procedure for foreign people whom he is going to employ by getting them a work...

Are we supposed to declare our sales to the foreign consulates...

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We closed a sale with Consulate General of Italy in the amount of more than TRY 5.000. How should we declare this on the...

Within how many days are we required to register the foreign...

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Regarding the statement of employment of the emloyee for whom a work permit has been obtained, the work permit has been approved. The date...

YOU WILL NOT PAY TAX FOR THE EARNINGS OF FOREIGN BRANCHES!

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Corporate earnings of the companies, whose headquarters are located in Turkey, are exempt from the corporate tax. Conditions need to be provided to practice corporate...

Is it possible to draw up freight invoices to a domestic...

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SUBJECT About drawing up freight contracts and invoices in foreign exchange. QUESTION Can a logistics company draw up the freight invoice that is in foreign currency to...