On April 28, 2025, Turkey’s Revenue Administration (GİB) released updated versions of the e-Invoice Package and UBL-TR Code Lists to enhance standardization and regulatory compliance. Effective from May 2, 2025, businesses must review and adapt their systems to align with the new requirements.   On April 28, 2025, the Turkish Revenue Administration (GİB) published an official update to the e... Read more

Turkey’s Revenue Administration has updated its regulations on electronic document management to support the growing use of digital systems, mandating standardized creation, storage, and sharing of e-documents like e-invoices, e-archive invoices, and e-dispatch notes. Businesses are required to adopt these systems based on revenue thresholds or sector, and must follow strict formatting, archiving, and data protection rules. Read more

Turkey has extended the VAT incentive under Temporary Article 37 of VAT Law No. 3065 until December 31, 2028, as per Presidential Decision No. 9770 published on May 1, 2025. This provision grants a VAT exemption for construction-related goods and services tied to investment incentive certificates in the manufacturing and tourism sectors. Read more

A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more

In Turkey, fiscal cash registers (NGCR) purchased from authorized dealers must be registered and activated by authorized services, who connect the devices to the Revenue Administration (GIB) system through the Trusted Service Manager (TSM). All retail transactions and external hardware or software must operate exclusively through the NGCR to ensure compliance with legal requirements and automatic transmission of daily closing (Z) reports to the GIB. Read more

The Turkish Revenue Administration (TRA) has updated the e-Invoice Package, introducing new document types, revised technical specifications, and enhanced integration guidelines. These changes, effective from February 17, 2025, aim to improve compliance, streamline tax processes, and promote electronic documentation. Read more