Zone – Muhasebe News https://www.muhasebenews.com Muhasebe News Sat, 20 Jan 2024 20:30:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Do I need to be a manufacturer to make free zone sales within Türkiye? https://www.muhasebenews.com/en/do-i-need-to-be-a-manufacturer-to-make-free-zone-sales-within-turkiye/ https://www.muhasebenews.com/en/do-i-need-to-be-a-manufacturer-to-make-free-zone-sales-within-turkiye/#respond Sat, 20 Jan 2024 20:30:52 +0000 https://www.muhasebenews.com/?p=148796 Do I have to be a manufacturer to be able to invoice the free zone in Türkiye? Can those who buy and sell also issue invoices? Do we need a capacity report to issue invoices?

There is no obligation to be a manufacturer. Any taxpayer can sell goods and services to the free zone from Türkiye.

In order to issue an export registered sales invoice, it is necessary to be a manufacturer and have a capacity report and industrial registry certificate.

 

 

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Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/do-i-need-to-be-a-manufacturer-to-make-free-zone-sales-within-turkiye/feed/ 0 Are sales made from the Free Zone in Türkiye counted as exports? https://www.muhasebenews.com/en/are-sales-made-from-the-free-zone-in-turkiye-counted-as-exports/ https://www.muhasebenews.com/en/are-sales-made-from-the-free-zone-in-turkiye-counted-as-exports/#respond Sat, 20 Jan 2024 20:27:16 +0000 https://www.muhasebenews.com/?p=148794 Can we benefit from the deduction in Article 32/8 of the Corporate Tax Law for the profits obtained from the sales of goods abroad and subcontracting work from the Free Zone in Türkiye? Or should the export be made abroad?

32/8 of the Turkish Corporate Tax Law (KVK). The article is about manufacturers. KVK 32/7. KV in the article (related to Export) is paid with a 5% discount (20%). Sales in the free zone are subject to export.

 

 

Source:
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/are-sales-made-from-the-free-zone-in-turkiye-counted-as-exports/feed/ 0 Moody’s forecast no financial pressure in Euro Zone https://www.muhasebenews.com/en/moodys-forecast-no-financial-pressure-in-euro-zone/ https://www.muhasebenews.com/en/moodys-forecast-no-financial-pressure-in-euro-zone/#respond Tue, 15 Jan 2019 06:30:08 +0000 https://www.muhasebenews.com/?p=44195 International credit rating agency Moody’s stated that they are not expecting any financial pressure on companies within the next 2 years, despite the economic slowdown in Euro Zone.

Moody’s expect economic growth to decline  by 1,8% in 2019 and by 1,6% in 2020.

Richard Morawetz, senior credit officer at a Moody’s, the author of the report stated “Most European companies can manage the expected economic slowdown over the next two years fairly easily.’’

 

 

 

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