According to the latest issue of the Official Gazette, the corporate tax rate, which is currently applied as 20% in Turkey, will be increased to 25% for 2021 and 23% for 2022 for corporate incomes. The new tax rate will be in effect starting from April 22, 2021. It will apply to the whole of […]
Foreign capitalized companies, branches and liaison offices are obliged to notify related government authorities for their annual activities and/or in case there is a change in capital and shareholder structure of the legal entity according to Turkish Foreign Direct Investment Laws and Governing Regulations.
