Expanding into Türkiye offers access to a dynamic economy, a highly skilled workforce, and a strategic location connecting Europe, Asia, and the Middle East. However, many foreign companies underestimate the complexity of Turkish payroll compliance during their first year of operations. Even businesses with extensive international experience often encounter costly payroll mistakes simply because Türkiye’s…
Türkiye has adopted a temporary employment support measure designed to reduce labour costs for businesses operating in the tourism sector. The new scheme grants eligible accommodation facilities financial assistance by offsetting part of the employer’s Social Security (SGK) contribution obligations. The measure was introduced by Law No. 7590, published in the Official Gazette on 31…
Türkiye has implemented a new mechanism allowing the Social Security Institution (SGK) to recover certain unpaid social security contributions directly from pension and income benefits. The new framework was introduced through SSI General Circular No. 2026/19, which establishes the practical rules for applying Additional Article 24 of Law No. 5510. The objective is to simplify…
The Turkish Personal Data Protection Board (KVKK) has adopted Principle Decision No. 2026/1301, introducing new guidance on how public institutions should handle the online publication of personal data. The decision reinforces the obligation of public authorities to balance transparency with the fundamental right to privacy. While certain information may legitimately be published to fulfil legal…
Companies incorporated in Türkiye before 1 January 2024 should review their registered share capital without delay. Recent amendments to the Turkish Commercial Code require thousands of existing companies to increase their capital to the new statutory minimums before 31 December 2026. Businesses that fail to comply within the prescribed period may face serious legal consequences,…
New Income Tax-Exempt Per Diem Rates is Effective from 1 July 2026 in Turkey. The Turkish Ministry of Treasury and Finance has announced the updated business travel allowance thresholds applicable between 1 July 2026 and 31 December 2026. These revised limits determine the maximum daily travel expenses that employers may reimburse without triggering Turkish income…
New Corporate Tax Rules in Türkiye: What Businesses Should Know Türkiye continues to modernise its corporate tax framework with the publication of Corporate Income Tax General Communiqué No. 26, which clarifies several amendments introduced by recent legislation. The reform affects both Turkish companies and international investors operating through subsidiaries, branches or regional service centres. For…
New tax debt in Turkey restructuring program offers a valuable opportunity for taxpayers to settle outstanding liabilities through extended repayment periods of up to 72 months. The Turkish government has introduced a new opportunity for taxpayers facing financial difficulties to restructure outstanding tax liabilities through extended payment terms and reduced financing costs. Published in the…
Individual Pension System (BES – Bireysel Emeklilik Sistemi) in Turkey has become an important component of the country’s long-term savings and retirement strategy. Through the Automatic Enrollment System (AES), eligible employees are automatically enrolled in a private pension plan, creating additional retirement savings while benefiting from government incentives. For employers operating in Turkey, BES automatic…
The Turkish Revenue Administration (Gelir İdaresi Başkanlığı – GİB) has announced an important extension concerning electronic accounting obligations under the Turkish e-Ledger system. According to Tax Procedure Law Circular No. 202, the deadlines for creating, signing, approving, and submitting electronic ledgers (e-Ledgers) and their corresponding approval certificate files (Berat files) have been extended until 30…
