Presidential Decree No. 10962 (“Hizmet İhracatının Tanımlanması, Sınıflandırılması ve Hizmet Sektörlerinin Desteklenmesi Hakkında Karar”), published in the Official Gazette of 27 February 2026 (No. 33181), is the current legal basis for Turkey’s service-export support regime. It consolidates and replaces the former Decrees No. 5447 (Türkiye Bilişim Sektörünün Uluslararasılaşması ve E-Turquality Programı), No. 5448 (Hizmet İhracatının…
Turkiye introduced one of the most comprehensive international tax incentives for individuals to date through Law No. 7582, the Law Amending Certain Laws, adopted on May 21, 2026 and published in the Official Gazette dated June 4, 2026, No. 33270. The regulation rests on two core pillars affecting individuals: a 20-year full income…
The Istanbul Financial Center (Istanbul Finans Merkezi, “IFC”) is Türkiye’s flagship project to establish a globally competitive, internationally integrated financial services hub on the Asian shore of Istanbul, at Ataşehir. Conceived under Law No. 7412 on the Istanbul Financial Center (the “IFC Law”), enacted on 22 June 2022, the IFC combines a purpose-built 1.3…
Türkiye has officially introduced one of the most competitive personal tax incentives globally. Governed by the Repetitive Article 20/D of the Income Tax Law No. 193 (added via Law No. 7582) and detailed under General Income Tax Communiqué Series No. 333 (published on July 4, 2026), eligible individuals can now enjoy a complete 20-year income…
Transfer Pricing Documentation Obligations in Turkey Article 13 of Corporate Income Tax Law, regulating transfer pricing rules, was amended through the Law No. 6728 on the Improvement of the Investment Environment and in this scope additional authority was given to the Turkish President to determine transfer pricing procedures. The Presidential Decree No.2151 exercises this authority…
General Advance pricing agreements (APAs) are defined by the OECD transfer pricing guidelines for multinational enterprises and tax administrations as an appropriate set of criteria (for example transfer pricing method, comparables and appropriate adjustments thereto, critical assumptions as to future events) for the determination of the transfer pricing for those transactions over a fixed period…
When establishing a company in Turkey, one needs to adhere to the following rules and regulations: Submitting the memorandum and articles of association online at MERSIS Pursuant to the Trade Registry Regulation, trade registration transactions must be fulfilled through MERSIS (Central Registry Record System). MERSIS is a central information system for carrying out commercial…
Government policy Describe the general government/regulatory policy for transfer pricing in your jurisdiction. To what extent is the arm’s-length principle followed? Article 13 of the Corporate Income Tax Law covers the key provisions regulating transfer pricing rules in Turkey. The Individual Income Tax Law also contains certain transfer pricing provisions. In addition, as Turkey is…
The regulations developed by the OECD regarding the Global and Domestic Minimum Top-up Tax (“Pillar 2”) introduce a 15% global minimum effective tax for in-scope large multinational enterprise (MNE) groups. Türkiye is among the countries that adopted this system at an early stage and has comprehensively integrated it into its domestic legislation. Within…