Europe · Tax guide
Türkiye
Türkiye taxes company profits at 25%, with a domestic minimum corporate tax of 10% from 2025, charges VAT at 20%, requires e-invoicing above set sales levels, and applies the global minimum tax. Taxes are administered by the Revenue Administration (GİB).
At a glance
- Corporate income tax
- 25%
- Domestic minimum tax
- 10%
- VAT (KDV)
- 20%
- E-Fatura
- ₺3,000,000
- Withholding on royalties and services
- 20%
- Global minimum tax
- 15%
Higher for banks and financial institutions
On profit before deductions
Reduced rates 10% and 1%
Annual sales above which it is mandatory
Paid abroad, before treaty relief
Groups with revenue of €750 million or more
Corporate income tax
Companies pay corporate income tax at 25%, with a higher rate for banks and financial institutions. Since 2025 the tax cannot fall below a domestic minimum of 10% of profit before exemptions and deductions. Advance tax is paid quarterly and the annual return is filed by the end of April.
VAT and e-invoicing
VAT is charged at 20%, with reduced rates of 10% and 1% for items such as some foods, textiles and basic necessities. Returns are monthly.
Businesses with annual gross sales above ₺3,000,000 must use e-Fatura for B2B invoices (lower limits apply to some sectors), and e-Arşiv for invoices to consumers.
Withholding tax
- Dividends: 15%, reduced by treaty for foreign shareholders.
- Royalties and service fees paid abroad: 20%, reducible by treaty.
- Many domestic supplies also carry partial VAT withholding by the buyer.
Transfer pricing and the global minimum tax
Related-party transactions must be at arm's length, with an annual transfer pricing report. Groups with revenue of €750 million or more are subject to the global minimum tax at 15%.
Key dates
- By the 28th of each monthVAT and withholding returns
- QuarterlyAdvance corporate tax
- End of AprilAnnual corporate income tax return
Figures and sources
9 figures- Corporate income tax rate (30% for banks and financial institutions)25%Checked against the official source
- Domestic minimum corporate tax on profit before deductions (from 2025)10%Checked against the official source
- VAT (KDV) standard rate20%Checked against the official source
- VAT reduced rates10% and 1%Checked against the official source
- Annual gross sales above which e-Fatura is mandatory (lower for some sectors)₺3,000,000Checked against the official source
- Withholding on royalties and service fees paid abroad20%Checked against the official source
- Global minimum tax rate15%Checked against the official source
- Group revenue for the global minimum tax€750 millionChecked against the official source
- Withholding on dividends15%Checked against the official source
Indicative only. This assessment is a high-level overview of tax obligations in Türkiye based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a Turkish certified public accountant (YMM) before making compliance decisions.