17March2026

Decision on Amending the Decision Regarding the Determination of Companies Subject to Independent Audit

Pursuant to Presidential Decree No. 11066, published in the Official Gazette No. 33199 dated March 17, 2026, amendments were made to the procedures and principles governing the determination of companies subject to independent audit.

According to the mentioned amendment, the threshold values to be considered for companies not falling under any specific scope or exemption have been revised as follows:

Total assets: 500 million TRY
Annual net sales revenue: 1 billion TRY
Number of employees: 150

The recent amendment has revised the list of companies subject to independent audit; the scope has been redefined with respect to public economic enterprises, their subsidiaries, affiliates, and companies in which they hold a significant stake.

The decision entered into force on the date of its publication and will apply to fiscal years beginning on or after January 1, 2026.

You can access relevant Official Gazette from here. (In Turkish)

Author Selma Kıy, Category Taxation Law

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