May 2023 / Sistem Global Newsletter Summary
19 June 2023
July 2023 / Sistem Global Newsletter Summary
17 August 2023
| TAX REGULATION & CONSULTING 📈 |
| MAJOR CHANGES IN THE SUPPORT PROGRAMS CARRIED OUT BY TÜBİTAK-TEYDEB According to the TÜBİTAK announcement dated 31.05.2023, certain revisions have been made to encompass numerous support programs conducted by TEYDEB. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. REMEMBER TO PROVIDE THOSE REPORTS AFTER THE CORPORATE/INCOME TAX DECLARATION! Corporate Tax and Income Tax Declarations for the year 2022 have been completed. However, in the annual declarations, individuals who benefit from the ‘R&D/Design Discount and Exemption Regarding Earnings from the Sale of Subsidiary Shares and Real Estate‘ fail to have these discount/exemption amounts certified by certified public accountants or submit the certification reports to the institution. Consequently, corporate taxpayers within this scope are considered ineligible to benefit from the exception/discount. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| R&D AND INNOVATION MANAGEMENT 🔍 |
| 450 MILLION DOLLARS OF GIANT BUDGET! Minister of Industry and Technology, Mehmet Fatih Kacır, announced that they will offer $450 million in financing to industrialists, SMEs, and technology initiatives through the ‘Turkey Green Industry Project’. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. SIGNIFICANT IMPROVEMENT IN TÜBİTAK TEYDEB 1501-1507 PROGRAMS! Due to the earthquake catastrophes in our nation, the closing dates for the 2023-1 calls of the 1501 and 1507 programs have been extended. Taking into consideration the written and verbal questions received by TEYDEB after the extension announcement, it is planned to conduct the 2023-2 calls for the 1501 and 1507 programs in line with the following draft call schedule. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| BUSINESS SOLUTIONS🎁 |
| THE NEW MINIMUM WAGE HAS BEEN ANNOUNCED! The “Minimum Wage Decision Committee” has decided to increase the minimum wage to 11,402 TL net, which will be effective as of July 1, 2023. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. CHANGES HAVE BEEN MADE IN THE MUHSGK INSURANCE NOTIFICATIONS SECTION! The number of lines that can be entered in the SSI Notifications section of the “Withholding and Premium Service Declaration” has been limited as of 01.06.2023. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| LEGISLATION AND RISK MANAGEMENT ⚖️ |
| HAVE YOU COMPLETED YOUR VERBIS REGISTRATION? Within the scope of Law No. 6698 on the ‘Protection of Personal Data’, we would like to remind you that companies with total assets exceeding 25 million TL are subject to administrative fines of up to 5.9 million TL in cases where they fail to fulfill their Data Controllers Registry Information System (VERBIS) registration obligation. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| EXPORTS AND INTERNATIONAL GROWTH 🌍 |
| ASSESMENT OF TURKEY’S FOREIGN TRADE DATA FOR THE FIRST QUARTER OF 2023 In the first quarter of 2023, Turkey exported $61 billion and imported $96 billion. The countries with the highest export value are Germany, the United States, the United Kingdom, France, and Spain, respectively. European countries generally dominate the highest exports, while Iraq and Israel show notable export growth. The industrial sector, particularly the automotive and garment industry, stands out among the sectors with the highest export value. 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
| NEWS FROM US📣 |
| ONLINE TRAININGS SCHEDULE FOR JUNE We are here with many training titles that you will want to see from our Online Trainings in June! 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. |
