December 2022 / Sistem Global Newsletter Summary
11 January 2023
February 2023 / Sistem Global Newsletter Summary
7 March 2023
| TAX CONSULTANCY 📝 |
| INTEREST RATE FOR REDISCOUNT AND ADVANCE TRANSACTIONS REDUCED! With the communiqué issued by the Turkish Central Bank and published in the Official Gazette dated December 31, 2022, the discount interest rate to be applied in rediscount transactions against bills with a maximum of 3 months to maturity was reduced from 14.75% to 9.75% per annum and the interest rate to be applied in advance transactions was reduced from 15.75% to 10.75% per annum. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. ADDITIONAL DISCOUNT CONDITIONS FOR R&D/DESIGN CENTERS UPDATED! With the Presidential Decree No. 6652 dated 09/01/2023, the conditions for Additional R&D/Design Discount in R&D/Design Centers has been updated. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| TAX – REGULATION 📈 |
| TWO DAYS LEFT TO PAY LESS CORPORATE/INCOME TAX THROUGH REVALUATION! Within the scope of One-Time Valuation, it is required to submit a declaration until January 2023, which is the end of the month following December 2022, which is the last period in which the transaction will be made for the year 2022, and the deadline is 31.01.2023. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| R&D AND INNOVATION MANAGEMENT 🔍 |
| APPLICATION FEES WITHIN THE MINISTRY OF INDUSTRY AND TECHNOLOGY HAS BEEN UPDATED FOR THE YEAR 2023! With the announcement made by the Revolving Fund Management Unit of the Ministry of Industry and Technology, the application fees for the year 2023 has been updated. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. NO ADDITIONAL CUSTOMS DUTY WILL BE APPLIED ON INVESTMENT INCENTIVE CERTIFICATES OBTAINED BEFORE 01.01.2023! With the Official Gazette Decision dated 10.01.2023 and numbered 6658, Article 4 of the Decision numbered 3351 on the Application of Additional Customs Duty on Imports, paragraph 6 under the heading “situations where the decision will not be applied” has been updated. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. CAP LIMITS FOR TRADE MINISTRY SUPPORTS INCREASED FOR 2023 Among the supports provided by the Ministry of Commerce for exports, the upper limits of 2023 support in the defined sectors for the IT Sector and Service Exports were calculated at the rate of (CPI + D-PPI) / 2 and it was decided to be applied with an increase of 100.39% in these supports and 80.99% in the supports for the Export of Goods and E-Export Sector. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| BUSINESS SOLUTIONS🎁 |
| 2023 SEVERANCE PAY CEILING ANNOUNCED! With the Circular dated 05.01.2023 and numbered 1818123 on Financial and Social Rights published by the Ministry of Treasury and Finance-General Directorate of Public Financial Management and Transformation, the severance pay ceiling figure for the first six months of 2023 has been announced. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 2023 MINIMUM WAGE COST FOR EMPLOYERS AND PAYROLL PARAMETERS The decision of the Minimum Wage Determination Commission was published in the Official Gazette dated December 29, 2022 and numbered 32058. You can access our publication titled “2023 Minimum Wage Cost to Employers and Payroll Parameters” in our bulletin, which is based on the 2023 minimum wage datas. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. MINIMUM WAGE SUPPORT TO EMPLOYERS IS 400 TL! The Law No. 7431, which includes the implementation of the minimum wage support between January and June 2023, was published in the Official Gazette dated 13.01.2023 and numbered 32072. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 2023 SEVERANCE PAY CEILING UPDATED! As of 01.01.2023, the annual ceiling amount of severance pay to be paid to employees has been updated with the new Circular on Financial and Social Rights for January 2023. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| RISK AND LEGISLATION MANAGEMENT ⚖️ |
| LOW-VALUE FORECLOSURE FILES ARE CLOSED In case the execution proceedings have been initiated as of 5/08/2022, where the debtor is a real person and the amount of the follow-up in the follow-up request on the date of the initiation of the execution proceedings, including the original receivable and its accessories, does not exceed 2,000 Turkish Liras; The creditor or his/her attorney submits a waiver petition stating that he/she has explicitly waived the file, the enforcement directorate will accept the request, remove the attachments, close the file and issue a document stating that the file has been closed due to the waiver, considering the original receivable and its accessories in the enforcement proceeding request. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| EXPORTS AND INTERNATIONAL GROWTH 🌍 |
| NEW E-COMMERCE LAW AND EXPECTATIONS Turkey has achieved a great momentum in e-commerce in recent years with the increasing digitalization during the COVID-19 and has achieved a growth which is worth for about 5 years. The share of e-commerce in retail has exceeded 15% and is expected to exceed 20% in the next 3 years. Therefore, it becomes necessary to eliminate the shortcomings and legislative deficiencies in the implementation of e-commerce and its next step, e-export. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| NEWS FROM US📣 |
| ONLINE TRAININGS CALENDAR FOR FEBRUARY Due to the earthquake disaster we have experienced as a country, we have postponed our online trainings to the next month. (see March) 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. , |
