Turkey

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.