JANUARY 2025 / SİSTEM GLOBAL NEWSLETTER SUMMARY
10 February 2025
| TAX REGULATION & CONSULTING 📈 |
| Inflation Adjustment Removed for 2025 Provisional Tax Periods! According to the communiqué, taxpayers subject to the legislation will not apply inflation adjustments at the end of the first, second, and third provisional tax periods of the 2025 fiscal year, even if the conditions for inflation adjustment are met. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. Good News for Social Content Creators: VAT Exemption Expanded! The Communiqué (Serial No: 54) amending the Value Added Tax (VAT) General Implementation Communiqué has been published (Official Gazette: 27.02.2025-32826). With this communiqué, the scope of VAT exemption has been expanded for earnings from social content creation, services provided through the internet and similar electronic platforms, and mobile application development. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. Abolition of VAT Deduction Right in Import Supervision and Protection Measures! With the Decision No. 7846 dated 24.11.2023 on the Abolition of the VAT Deduction Right within the Scope of Import Supervision and Protection Measures, VAT deduction rights related to various customs declarations and import taxes have been revoked. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. The Digital Era Begins for Commercial Books! With the new communiqué taking effect on January 1, 2026, share ledgers, board of directors’ decision books, and general assembly books will now be kept electronically! 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. Deadline Extended for Collateral Submission for Taxpayers Affected by the Earthquake: Last Date is September 1, 2025! A circular regarding the extension of collateral submission deadlines determined under Article 7, Clauses (1-a) and (1-b) of the 531st Serial Number of the Tax Procedure Law (V.U.K.) General Communiqué has been published. (12/02/2025-VUK-183/2025-4) 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| R&D AND INNOVATION MANAGEMENT 🔍 |
| TÜBİTAK 1501 2024-2 CALL RESULTS ANNOUNCED! The evaluation process for the TÜBİTAK 1501 Industrial R&D Projects Support Program 2024-2 Call, aimed at encouraging SMEs’ R&D and innovation-focused projects and supporting localization in critical technology areas, has been completed and results have been announced. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. T.R. MINISTRY OF AGRICULTURE AND FORESTRY RURAL DEVELOPMENT INVESTMENT SUPPORT PROGRAM (KKYDP) 2025 Applications for the 2025 Rural Development Investment Support Program (KKYDP) of the Turkish Ministry of Agriculture and Forestry have begun. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. LAST APPLICATION DATE APPROACHING FOR COMPLETION VISA OF GES INVESTMENT INCENTIVE CERTIFICATES OBTAINED AFTER 24.08.2024! It was previously announced that for investments applied for incentive certificates after the effective date of the Communiqué No. 2024/3 (24/08/2024), the requirement to use domestic cells would not apply if the completion visa application was made before 28/02/2025. However, for those applying after this date, it has been announced that only locally produced panels manufactured from the ingot slicing stage onwards will be eligible, and incentive certificates using non-compliant panels will not receive completion visa approval. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| BUSINESS SOLUTIONS 🎁 |
| New Regulation on TL Loan Usage for Companies Subject to Independent Audit The Banking Regulation and Supervision Agency (BDDK) has introduced a new regulation regarding loan usage for companies subject to independent audits. The previously applied foreign currency asset limit for TL loans has been removed. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. Changes in SGK Incentive Rates for the February Period! With the reduction of the 5510 incentive discount for private sector employers from 5% to 4% (excluding the manufacturing sector), incentive discounts under programs such as 6111 (Young and Women Employment), 5746 (R&D), and 14857 (Disabled Employment) will vary depending on the industry. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. SGK Circular Published on the 4-Point 5510 Discount! The procedure and principles regarding the reduction of the 5-point insurance premium discount for private sector employers to 4 points (%4) as of 01.02.2025 have been explained in SGK Circular No. 2025/06. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| NEWS FROM US 📣 |
| ONLINE TRAINING SCHEDULE FOR MARCH We are here with a variety of online training programs for March! 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions |
