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Do I need to be a manufacturer to make free zone...

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Do I need to be a manufacturer to make free zone sales within Türkiye?

Retail sales volume decreased by 4.9% compared to last year –...

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Retail Sales Indices, February 2019 Retail sales volume decreased by 4.9% compared with the same month of previous year Calendar adjusted retail sales volume with constant...

Is it possible for foreigners to obtain property in Turkey?

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Is it possible for foreigners to obtain property in Turkey?   There are three ways for foreigners to obtain property in Turkey based on their status: 1-...

Is it possible to apply a discount on VAT of bad...

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In accordance with Law numbered 7104 and the amendment on Article 29 of Law numbered 3065, the VAT of bad debts may be subject...

Who are subject to Law on Work Permit for Foreigners?

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Who are subject to Law on Work Permit for Foreigners? Law numbered 4817 includes foreigners working dependently or independently in Turkey, foreigners taking vocational education...

Societe Generale to cut 1600 jobs

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France’s third biggest bank is planning on cutting 1600 jobs worldwide after its weak financial performance last year. The Bank aims to increase its profit...

Which exchange rate is used when exchanging the transactions to Turkish...

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When registering the 102 USD checking account of the company, should I use the buying or selling exchange rate for the foreign currency transactions...

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...

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...

Coca Cola bottle to be sold for over $150k

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Coca Cola’s iconic bottle will be up for bid in Morphy Auction this month. The 104-year-old bottle is expected to enter the auction at $150,000. Coca...