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Will I be responsible to pay income tax if I bring...

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In the case where the revenue of a company in Delaware, US is brought to Turkey, how will the taxation procedure be? A legally obligated...

Is it required to include lease of a house rented for...

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        Our company rented a house for the manager and paid the amount for 6 months as well as the deposit in cash. The rental...

German tourists will flow to Turkey

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Mehmet Nuri Ersoy, The Minister of Culture and Tourism had a meeting with the Norbert Fiebig, Minister of German Travel Association (DRV), in Berlin. Mr....

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 there a special tax practice for profit transfers to China...

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A company whose headquarters is in China will establish a limited company in Turkey as the sole shareholder. Is there a special regulation for...

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-...