Country Turkey
Currency TRY
EU Member State No
Standard VAT/GST rate 18%
Reduced VAT/GST rate 8% / 1% / 0%
VAT registration limit for established businesses No
VAT registration limit for non-established businesses No
VAT return filing periods Monthly
Annual VAT returns N/A
Additional reporting requirements Yes
VAT recovery by non-established non-EU businesses Limited
Reverse Charge Yes
Fiscal representative required for non-EU businesses Yes
Statute of limitations The Turkish tax system is based on self-assessment, and there is no procedure to agree the filed tax returns with the tax authorities that can prevent further inspections. Tax returns filed by companies remain open to tax inspection until the end of the five-year statute of limitations according to the provisions of Turkish Tax Procedural Law.