In an effort to broaden the scope of subjects, Turkey’s Revenue Administration is lowering the annual sales threshold for the requirement to issue e-Invoice (e-Fatura) and e-Archive (e-Arşiv) invoices. From July 1st, 2023, the threshold will be lowered to 3 million TRL (approximately €162,500).
Lowering of the annual turnover threshold for e-Archive in Turkey
Public
Turkey
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
443
Content accuracy validation date:
14.11.2022
Content accuracy validation time:
08:17h
Other news from Turkey
Turkey to curb cross-border e-commerce
Public
Turkey
Author: Stefan Ditrih
Turkey
Author: Stefan Ditrih
Due to the struggling economy and rampant inflation, the Turkish government is rolling out significant tax changes to curb the surge in online shopping from international stores. Import duties are set to rise sharply, and the exemption threshold will be lowered. Additionally, certain product categories will face an extra tax. E-commerce in Turkey has been booming, with online spending more than do... Read more
Need to know essentials when opening an online store in Turkey
Public
Turkey
Author: Stefan Ditrih
Turkey
Author: Stefan Ditrih
Opening an online store in Turkey involves several key steps, starting with registering your business with the Trade Register. This process is straightforward and can be handled by a lawyer or accountant in Turkey. Steps to Set Up an Online Store Register Your Business: The first step is to register your business with the Trade Register. This legal requirement ensures your business is recognize... Read more
Updates to Turkey's e-Archive (e-Arşiv) System
Turkey
Author: Kristina Dosen
Starting July 1, 2024, Turkey's Revenue Administration (TRA) will implement new mandatory fields for e-Arşiv invoices. Let's find out more about this. Read more
New document was uploaded: Overview of fiscalization in European countries
Author: Kristina Dosen
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
VAT rates for food and beverage services in Turkey
Public
Turkey
Author: Kristina Dosen
Turkey
Author: Kristina Dosen
In Turkey, the application of value-added tax (VAT) on food and beverage services is subject to different rates based on the type of product and service scenario. In the following, we will focus more on VAT rates and their application in different scenarios. Here's a breakdown of the current VAT rates: 1% VAT Rate: This rate applies to agricultural products and certain essential goods 10% VAT... Read more
Key Elements of Turkey's e-Archive Invoices
Turkey
Author: Kristina Dosen
E-Archive is a special type of e-invoice used for B2C sales. Turkey's e-Archive system is used as an alternative fiscalization system that excludes any hardware requirements. Let's find out more about this topic. Read more
New document was uploaded: Digital Product Passport
Author: Kristina Dosen
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more