June 2024 / Sistem Global Newsletter Summary
10 July 2024
August 2024 / Sistem Global Newsletter Summary
16 September 2024
| TAX REGULATION & CONSULTING 📈 |
| TAX AND SSI REGULATION, INCLUDING THE LAWS TO BE APPLIED FOR THE FIRST TIME, HAS BEEN PUBLISHED IN THE OFFICIAL GAZETTE! With the Official Gazette published, the law containing the Tax and SSI regulations entered into force. We have summarized the regulation, including the laws to be applied for the first time, for you. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. TAX ADVANTAGE IN THE ACQUISITION OF SHARES BY TECHNO-ENTREPRENEURSHIP COMPANY EMPLOYEES! According to the criteria to be determined by the Ministry of Industry and Technology with the Official Gazette published in the Official Gazette , the entire portion of the fair value of the fair value on the date of issuance up to the gross wage amount of one year in that year will be exempted from income tax by employers who have the qualification of techno-enterprise companies to their employees free of charge or at a discount. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. AN UPDATE HAS BEEN MADE IN THE PARLIAMENTARY PLAN AND BUDGET COMMISSION ON LOCAL MINIMUM CORPORATE TAX! A “tax security institution” is established on the grounds that the corporate tax calculated and paid due to deductions and exemptions on the declared income is far below this rate. It is proposed to establish a minimum tax that must be paid by establishing a link between the declared income and the base. In this sense, the Domestic Minimum Corporate Tax is introduced and a regulation is made that the corporate tax to be paid by corporate taxpayers cannot be less than 10% of the corporate income before deducting deductions and exemptions. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| R&D AND INNOVATION MANAGEMENT 🔍 |
| TECHNOLOGY-ORIENTED INDUSTRY MOVE RISING INNOVATIVE TECHNOLOGIES CALL HAS BEEN OPENED! Within the scope of the call, applications can only be made for investment projects related to products with Customs Tariff Statistics Position (GTIP) codes included in the Priority Product List within the Scope of the Emerging Innovative Technologies Call attached to the announcement and/or products for innovative technology areas in terms of product or production technology. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. GREEN TRANSFORMATION SUPPORT PROGRAM COMMUNIQUÉ HAS BEEN PUBLISHED! The communiqué on the implementation procedures and principles of the Green Transformation Support Program, which will be carried out in Turkey to support investments that are compatible with the circular economy approach, protect natural resources, contribute to climate and sustainability goals, and aim at resource-efficient and low-carbon production, has been published in today’s Official Gazette. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. COMMUNIQUÉ ON THE IMPLEMENTATION PRINCIPLES OF THE DIGITAL TRANSFORMATION SUPPORT PROGRAM HAS BEEN PUBLISHED! The Communiqué stating that investments in the field of digital transformation will be supported as priority investments within the scope of the incentive system with the Digital Transformation Support Program was published on 26/07/2024. The Ministry of Industry and Technology aims to accelerate the digital transformation processes of SMEs and support them in these processes. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. HIT-30 HIGH TECHNOLOGY INVESTMENT PROGRAM BEGINS! Minister of Industry and Technology Mehmet Fatih Kacır announced the HIT-30 High-Tech Investment Program, which will make Turkey one of the global centers of attraction in high technology. Within the scope of the program, comprehensive incentive packages will be offered to investors for more than 30 priority investment subjects in 8 areas. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. THE 2ND CALL FOR KOSGEB ENTREPRENEURSHIP BUSINESS DEVELOPMENT SUPPORT PROGRAM HAS BEEN OPENED! Setting out with the motto “KOSGEB Chooses Its Entrepreneurs”, KOSGEB aims to enable entrepreneurs to show themselves with their projects and to ensure their sustainability by supporting newly established businesses . In addition, the program offers many opportunities aimed at enhancing the growth and competitiveness of businesses. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. AGRICULTURE AND RURAL DEVELOPMENT SUPPORT INSTITUTION (TKDK) HAS PUBLISHED THE 3RD CALL FOR APPLICATIONS FOR IPARD III TERM! The Agriculture and Rural Development Support Institution (TKDK), the relevant institution of the Ministry of Agriculture and Forestry, has announced the Third Call for Applications on July 31, 2024. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. IPARD III TERM 2ND CALL FOR APPLICATIONS APPLICATION DEADLINE HAS BEEN EXTENDED! 2nd Phase of the IPARD III Programme. Within the scope of the Call for Applications, for the “M7- Diversification of Farm Activities and Business Development” measure; 🔸 The closing date of the online application system is 13 September 2024 at 18:00, 🔸The deadline for submission of applications has been extended until 27 September 2024 at 18:00. Application packages submitted after the deadline will not be accepted. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. CIRCULAR ON THE PROCESSING REGIME OF AGRICULTURAL PRODUCTS HAS BEEN UPDATED! There has been a change in the product titles of “Wheat” and “Corn” in the first paragraph of Article 7 of the Circular on Inward Processing Regime for Agricultural Products (Export: 2016/1) titled Goods Subject to Special Regulation within the Scope of DIR. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. AMENDMENTS HAVE BEEN PUBLISHED IN THE COMMUNIQUÉ ON THE IMPLEMENTATION PROCEDURES AND PRINCIPLES OF THE TECHNOLOGY-ORIENTED INDUSTRIAL MOVE PROGRAM! On 26.07.2024, the Official Gazette and the implementation procedures and principles of the Technology-Oriented Industrial Move Program were updated, and changes were made in order to make all processes of the program more effective, and the definitions in the legislation were updated and language integrity was ensured. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. UP TO 10,000,000 TL SUPPORT FROM THE MINISTRY OF COMMERCE! The Circular on Green Deal Compliance Project Support has entered into force! Manufacturers and exporters who have exported a total of USD 300,000 or more in the last three calendar years before the current year will be able to apply for projects. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. SUPPORT UP TO 280 THOUSAND TL WITH KOSGEB’S NEW PROGRAM! With the YÖN – Guidance and Evaluation Support Program newly announced by KOSGEB , small and medium-sized enterprises in the manufacturing sector; 1. Digital Transformation Evaluation Analysis and Roadmap,2. Sustainability Reporting,3. Lean Maturity Assessment Analysis (YODA) 80% support will be provided from KOSGEB up to 280,000 TL. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. WHAT IS THE RESPONSIBLE PROGRAM WITHIN THE SCOPE OF GREEN DEAL COMPLIANCE SUPPORT? WHO CAN BENEFIT? Recently, we informed you through our newsletter that the Circular on Green Deal Compliance Project Support has entered into force. In this newsletter, we will provide information about the details of the Responsible® program, which was introduced together with the Green Deal Adaptation Project Support. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| BUSINESS SOLUTIONS 🎁 |
| SSI APPLICATIONS IN THE FINANCIAL HOLIDAY OF 2024 Pursuant to Article 1 of the Law No. 5604 on the Establishment of Financial Holidays, a financial holiday is applied in July every year and there are facilitating situations in terms of some SSI obligations of employers. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| EXPORT AND INTERNATIONAL EXPANSION 🌍 |
| IMPORTANT CHANGES IN THE PRINCIPLES OF MINISTRY OF COMMERCE MARKET ENTRY PROJECT PREPARATION SUPPORT! In order to provide Market Entry Project Preparation Support, an “Export Plan” should be prepared as an output of the Market Entry Project. The principles of this “Export Plan” are explained in detail by the Ministry of Commerce in the “Principles to be Considered While Preparing the Annex-2 Export Plan” section of the relevant Circular. These principles were updated on 23.07.2024 and we have summarized the changes in the new scope for you. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| CAPITAL MARKETS AND SUSTAINABILITY ♻️ |
| CURRENT DEVELOPMENTS IN THE CRYPTO ASSET MARKET: AMENDMENTS HAVE BEEN MADE TO THE CAPITAL MARKET LAW The Law Amending the Capital Markets Law (“Amendment“) entered into force after being published in the Official Gazette dated 02.07.2024. The long-awaited regulation in the crypto asset sector is important as it is the first legal regulation in Turkey in this field. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| NEWS FROM US 📣 |
| ONLINE TRAININGS SCHEDULE FOR AUGUST We are here with many training titles that you will want to see from our Online Trainings in August! 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
