VAT Registration for Non-Turkish Companies

Akkas CPA is a globally recognized Turkish Accounting Firm with a long record of excellence and professionalism for your VAT registration for non-Turkish companies. Our accountants provide all kinds of accounting services in Turkey required to run your company in Turkey.

Table of Contents

Akkas CPA offers the best accounting services, at competitive prices to foreign businessmen who already established or getting ready to establish a company in Turkey.

After registering a new company in Turkey, you will need to hire an accountant & CPA to manage the financial issues and offer solutions to lower the costs for your business. A good accountant will help you save money and make your company more efficient in terms of costs. If your company is managed well from all points of view, the profit will increase in a short time.

VAT Registration for Non-Turkish Companies

Our tax team is prepared to handle your company’s tax services in Turkey. Akkas CPA handles all kinds of tax services required to run your company in Turkey. Selling games, songs, apps, and domain names online in Turkey is subject to VAT.

Any company or persons residing out of Turkey including Youtubers that sells digital products such as games, music, songs, books, and domain names in Turkey has to be registered as a taxpayer and must pay VAT in Turkey.

As Akkas CPA tax professionals, we believe that we must engage in the discussion and debate surrounding Tax Transparency and Responsibility. As the tax strategies of multinationals and domestic companies continue to be examined by both tax authorities and the public alike, we work with our clients to develop tax strategies that are fit for purpose in the tax system of tomorrow.

VAT Registration for Non-Turkish Companies

Any Foreign Company That Sells Games, Songs, Applications, Domain Names Online Will Pay VAT

Selling games, songs, apps, and domain names online in Turkey are subject to VAT. Any company/firm that sells digital products such as games, music, books, and domain names in Turkey has been taken into the scope as a taxpayer by the Revenue Administration. According to the communiqué, banks notify the revenue office of any such transaction by bank or credit cards.

In addition, tax assignment will be made ex officio to all companies, and tax payment will become compulsory as of 01st January 2018, when the law comes into force. Ministry of Finance will take the option of collecting the tax according to the provisions of the Law on Collection Procedures of Public Receivables, as exercised for other companies in Turkey.

The banks that act as an intermediary of the payment shall inform the Revenue Administration about this matter once every three months. Revenue Administration will take action based on such information. The penal sanction shall be imposed on any defaulter company.

Special VAT Registration for Non-Resident Electronic Service Providers

Accordingly; as of 1st January 2018, VAT rules have been amended for the sales of electronic services by electronic service providers that do not reside or do not have a workplace, legal business center, or business center in Turkey to registered persons out of VAT. Non-resident electronic service providers have to declare and pay the VAT collected from electronic services to registered persons out of VAT.

The taxpayers who have been registered as “Special VAT Registry for Electronic Service Providers” have to declare any transactions made during January, February, and March in 2018 until 24th April 2018. Otherwise, the penal sanctions shall be imposed by the Revenue Administration.

Activities Within the Scope of Special VAT Practice

  • Radio and television broadcast services,
  • Telecommunication services,
  • Other services provided in an electronic environment,
  • Music, film, game (including any games of chance, betting, and gambling), political, cultural, arts, sports, science, and entertainment purpose broadcasts and activities, and all the other applications and in-app purchasing provided by a computer, mobile phone, and similar gadgets.

Process Regarding Special Vat Registration And Vat Return

Any service provider in this scope is first required to fill in the form on the website of the Turkish Revenue Administration before submitting the No. 3 VAT Statement they are going to submit for the first time.

Upon filling in and confirmation of this form in an electronic environment, “VAT Taxpaying Liability Special to Electronic Service Providers” shall be established for the service provider in the Major Taxpayers Tax Office.

Upon establishment of the taxpaying liability, the taxpayer shall be given a user code, password, and a code word to make transactions on the Internet tax office. Then the taxpayer will log in to the system and make a statement thereon.

Reach us for VAT Registration for Non-Turkish Companies

Akkas CPA & Turkish Accounting Firm is one of the globally recognized Turkish Accounting Firms with a long record of excellence and professional leadership in Istanbul, Turkey.

Thanks to its nationally recognized accounting services, our accounting firm is now one of the leading accounting firms in Istanbul, Turkey. You may reach our accountants for VAT registration for non-Turkish companies by sending an email to us.

error: Content is protected !!