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

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;

The issue of deduction in case of capital increase is given in detail in the "Communique (Serial No. 9) on the Amendment to the General Communique of Corporate Tax" issued by the Ministry of Finance (Revenue Administration) and published on the official gazette dated March 4, 2016.

Income tax exemption has been introduced for the young entrepreneurs by the "Law on Amendment of Income Tax Law and Certain Other Laws" published in the official Gazette dated 10.02.2016.