What is the taxation system in Turkey?

2024-10-13
10 views
Post photo

There is only one single taxation system for sole proprietorships and LLCs in Turkey. This system obliges entrepreneurs to pay value added tax (VAT) and income tax respectively.

The VAT rate varies from 0% to 18%, in increments of 0/1/10/18. As for the profit tax, it is 20%. Businesses registered in a free economic zone may be exempted from paying profit tax.

We will help you get a second citizenship
We develop individual solutions to remove visa restrictions, create an alternate airfield, optimize taxes in a foreign jurisdiction, and also accompany the immigration process.
Get the consultation
Back to the blog

Another articles

Tourist tax in Russia 2024
2024-11-18
4 views
Tourist tax in Russia 2024

In recent years, the country has increasingly developed domestic tourism, which has led to a number of changes in the tourism sector, including the introduction of a tourist tax in some regions.

Tourist tax in Russia 2024
Tourist tax in Italy 2024
2024-11-18
3 views
Tourist tax in Italy 2024

Like many other countries in Europe, Italy has a tourist tax, which is used to maintain tourist infrastructure and preserve cultural monuments.

Tourist tax in Italy 2024
Visa to Turkey for residents of Uzbekistan
2024-11-18
6 views
Visa to Turkey for residents of Uzbekistan

In 2024, Turkey continues to be one of the most popular destinations for vacation and travel for citizens of Uzbekistan.

Visa to Turkey for residents of Uzbekistan
Choose the best option

Citizenship programs

All programs
Grenada citizenship program Grenada citizenship program
Grenada citizenship program
from $235,000
3-6 months
Obtaining Grenadian Citizenship by investment program grants the right to live and work in Grenada at all times, the right to vote in elections and all rights associated with membership of the Caribbean Community (CARICOM).
Learn more
Turkey citizenship program Turkey citizenship program
Turkey citizenship program
from $400,000
4-6 months
Cosmopolitans can get a second citizenship for investing in the country's economy from $400,000. There are five options to choose from: buying real estate, investment fund shares or government bonds, participating in the fixed capital of a Turkish company, opening a deposit in a Turkish bank.
Learn more
UAE Residence Program UAE Residence Program
UAE Residence Program
from $5,000
2+ weeks
Majestic skyscrapers, luxury hotels and shops, beaches and summer all year round. Building a business career in the UAE is prestigious.
Learn more
Discover new opportunities
For more information, the cost of services and an appointment for a personal consultation, please contact the company's representatives
Start applying for citizenship
Discover new opportunities