Joint Stock Companies, Limited Liability Companies, Liaison Offices, Branches of a Parent Company. We can get your company started, on the right path.
There are many incentives in Turkey for taxation according to district, type of business, tecknology...
Frequently Asked Questions.
- What is the corporate tax rate in TURKEY?
Corporate tax rate in Turkey is principally 22%. That rate is relatively low compared with EU and applies to all kind of companies
- Which activities are vat exempt in TURKEY?
Bank transactions, worker salaries, rentals (except with invoices), services with expense draft, exportations, purchases with exportation notation, sales to some governmental enterprises, purchases by diplomats are VAT exempt.
- What is the pre-permition for working?
Only skilled workers could apply for pre-permission for one year, until their definite permission and documenttation process finalized. Salary for those applicants should be minimum 6.5 times of basic salary per month.
- How is taxation of Dividents ?
Paid dividents out of a Turkish Company are subjected to withholding taxation. Transfer of profit from branch to parent company are also subject to same basis. After wtiholding tax is accured, individual income tax will also been aplied.