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…
On June 4, 2026, the Turkish government published Law No. 7582 on Amendments to Certain Laws in the Official Gazette, introducing significant changes to Turkey’s tax framework, investment incentives, and business environment. The new legislation aims to attract foreign investors, international talent, technology companies, and multinational businesses operating in Türkiye. Below is an overview of…
Turkey Updates Minimum Labor Regulations Turkey has introduced important amendments to its social security regulations through the Regulation Amending the Social Insurance Transactions Regulation, published in the Official Gazette on May 16, 2026. The new rules significantly impact Turkey Minimum Labor investigations, construction projects, public tenders, and social security compliance procedures. These changes are particularly…
Turkey Extends Maternity Leave Rights for Employees Turkey has introduced important changes to its maternity leave framework through Law No. 7578, strengthening employee protections and expanding maternity-related benefits. Under the new legislation, certain employees whose maternity leave period had not yet been completed as of April 1, 2026, may benefit from up to 8 additional…
Turkey Updates Meal Allowance Exemption Rules The Turkish Social Security Institution (SSI) has published Circular No. 2026/12 introducing important changes regarding the Turkey Meal Allowance exemption. The new rules clarify how meal benefits provided by employers should be treated for social security premium calculations and provide greater certainty for payroll and HR professionals managing employees…
