Every year until the end of May, Tax Plates must be registered according to the Tax Procedure Law.

After the approval of Income and Corporate Tax Declaration form in April, the IT department of Revenue Administration will upload the Tax Plates based on the data from 2015. The current Tax Plates which are uploaded into the system from Administration of Revenue must be approved until the end of May.

Every foreign capital company operating in Türkiye and corporation with a liaison office in Türkiye has to file a notification of activity in addition to other requested documents by submitting them to the Ministry of Economy either by hand or by return receipt requested mail each year, until the end of May.

ACTIVITY INFORMATION FORM FOR FOREIGN DIRECT INVESTMENTS

INFORMATION FORM REGARDING THE ACTIVITIES OF THE LIAISON OFFICES

In the beginning of April 2016, the question of how sensitive personal data shall be protected arose when the personal information of over 50 million Turkish citizens was released on internet. Coincidently, around the same date the Turkish state released new legislation on how to protect personal information. The legislation entitled the Protection Of Personal Data was published on April 7, 2016 in the Legal Turkish Newspaper and is based on the European Union Commission and EU Parliament’s 95/46/EC numbered, October 24, 1995 dated Directive on the protection of the free movement of personal information and its process.

With the "Decision concerning the Amendment of the Decision on Determination of Companies which shall be Subject to Independent Audit" published in the official gazette on 19 March 2016, the criteria of being subject to independent audit have been amended. This decision entered into force to take effect as of January 1, 2016. According to the relevant decision;