VAT in Turkey

Finlexia is a globally recognized Turkish Accounting Firm with a long record of excellence and professional leadership in Istanbul, Turkey. Our Turkish accountants and our Turkish Tax Lawyers are prepared to handle your company’s VAT in Turkey.

Finlexia handles all kinds of accounting services required to run your company in Turkey. We offer the best accounting services, at competitive prices to foreign businessmen who are already established or getting ready to establish a company in Turkey.

Finlexia provides a wide range of services designed to provide effective tax compliance and advice, aiming to give your business a competitive advantage both in local and international contexts.

At Finlexia, we provide tax certification, audit, and consultancy services on a local and global scale. Using our in-depth experience and knowledge, we are providing competitive analyses and alternative solutions to our clients while offering them services in terms of compliance with financial legislation.

VAT in Turkey

The Turkish VAT is usually 18%, but there are incentives granted to basic foodstuff, pharmaceutical products, and others which are subject to an 8% rate, and to the newspapers, magazines, and some farm products which are subject to a VAT of 1% rate.

How can VAT be Refunded in Turkey?

Turkey’s tax law imposes a VAT standard rate of 18% which has to be paid by companies. Paying this tax produces effects on the companies’ profits and implies certain procedures. However, the Turkish VAT can be recovered by submitting a refund application to the Tax Authorities in Turkey.

It is mandatory for the application to contain original invoices, a copy of a recent tax certificate, and other documents. Usually, the VAT return is completed within 3 to 9 months, but in some cases, it can take up to 12 months.

Reach us for VAT in Turkey

Since its foundation, Finlexia Turkish Accounting Firm has been the choice of numerous clients in Turkey. Thanks to its nationally recognized accountants and accounting services, our accounting firm is now one of the leading accounting firms in Istanbul, Turkey.

You may reach our accountants and lawyers for VAT in Turkey by sending an email or through our Contact page.