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Minimum Wage is announced!

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4th Meeting of Minimum Wage Determination Commission has ended. Minister Zehra Zümrü Selçuk made a press release, following the meeting. She announced that the minimum wage...

Minimum wage for 2019!

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Minimum wage amount for 2019 is announced. Minimum Wage Determination Commission has come to decision at its 4th Meeting. The wage is increased 26,05%, adding TRY...

Is it more profitable to draw up an invoice in Turkey...

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There is a plan and a project work for our Traffic Engineering business in Uzbekistan (for about $5-6 million). We will take a group of...

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...

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...

Is the progress payment for construction work that extends to the...

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My company which does contract works signed a contract with its client between 11.10.2018-25.01.2019. Normally, the progress payments are subject to a withholding when...

How many days after the service should an invoice be issued?

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I’ve been managing an office since 2012 as an INDEPENDENT BUSINESS. As you know, RECEIPT BASIS is valid for self-employment, so I’m writing self-...

Is it possible for a company in Turkey to buy the...

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… A person who has a Limited Company in Turkey also has a company in The United States. Is it possible for this Limited...

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...

Is it required to certify the factory ledger for the manufacturing...

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Is it required to certify the factory ledger for the manufacturing companies? If you calculate costs according to 7/A, it is not required to keep...