February 2022 / Sistem Global Newsletter Summary
23 March 2022
April 2022 / Sistem Global Newsletter Summary
1 May 2022
TAX CONSULTACY📝
ELECTRIC VAT RATE REDUCED TO 8% FOR HOUSING AND AGRICULTURAL IRRIGATION SUBSCRIBER GROUPS! 
Electricity VAT rate for residential and agricultural irrigation subscriber groups was reduced to 8% with the Presidential Decree No. 5249.
 
The decision entered into force as of 1 March 2022 to be applied to the accrued fees. 
👉  Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 
TÜBİTAK FINANCIAL REPORT PREPARATION GUIDE HAS BEEN UPDATED! 
The Financial Report Preparation Guide for the support programs carried out under the TÜBİTAK Technology and Innovation Support Programs Presidency (TEYDEB) has been updated! An update has been made in the Financial Report Preparation Guide, which TÜBİTAK-supported companies should consider for their expenditures and statements within the scope of their projects.
 👉  Please contact us via info@sistemglobal.com.tr for all of your questions and opinions.
 
DON’T FORGET THE CLEARANCE AND REFUND OF 5% TAX DISCOUNT ON 2020 ANNUAL INCOME TAX AND CORPORATE TAX STATEMENTS!
 As it is known, pursuant to the reiterated article 121 of the Income Tax Law No. 193; Based on annual income or corporate tax returns of those who are income taxpayers due to their commercial, agricultural or professional activities and corporate taxpayers (excluding those operating in the finance and banking sectors, insurance and reinsurance companies, pension companies and pension investment funds) who meet the conditions specified in the article 5% of the calculated tax is taken under the provision that it can be deducted from the income or corporate tax payable.
 👉  Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 

DRAFT COMMUNIQUÉ ON THE PRINCIPLES OF “REMOTE WORKING” IN R&D AND DESIGN CENTERS AND TECHNOCITIES HAS BEEN PUBLISHED! 
The Law No. 7346 on Amending Certain Laws, the Law No. 5746 on Supporting Research, Development and Design Activities, and the Law No. 4691 on Technology Development Zones contain explanations on the arrangements made for the application of income tax withholding incentives for periods worked outside the center or the region. The Draft General Communiqué on the Support of Research, Development and Design Activities No. 5746 was published on 15.03.2022.
 
With the Draft Communiqué, the principles of practice regarding remote working in R&D and Design centers and Technology Development Zones are explained with examples. 
👉  Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 

VAT RATES TO BE APPLIED ON THE DELIVERY OF SOME GOODS AND SERVICES ARE CHANGING!
 In the Decision Regarding the Determination of Value Added Tax Rates to be Applied to Goods and Services, which includes reducing VAT from 18 percent to 8 percent in some goods and services, and increasing VAT from 1 percent to 18 percent in auto dealers and marine vehicles such as yachts and boats. The Decision on the Amendment (Decision Number:  5359) was published in the Official Gazette dated March 29, 2022. 
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R&D AND INNOVATION MANAGEMENT🔍
THE REGULATION ON AMENDING THE TECHNOLOGICAL PRODUCT INVESTMENT SUPPORT PROGRAM REGULATION HAS BEEN PUBLISHED IN THE OFFICIAL GAZETTE DATED 22.03.2022!
The Regulation Amending the Regulation on the Technological Product Investment Support Program entered into force by being published in the Official Gazette dated March 22, 2022.
 
With the new regulation, new definitions were added by making changes in the purpose, scope, basis and definitions of the regulation.
 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 
TÜBİTAK – SCIENTIST SUPPORT DEPARTMENT (BİDEB) 2244-INDUSTRY DOCTORAL PROGRAM IS NOW OPEN FOR APPLICATION! 
To increase the competitiveness of the Turkish industry and to ensure that the qualified human resources needed in the industry are trained with the University-Industry cooperation, the applications for the 2244-Industry Doctorate Program carried out by TÜBİTAK BİDEB have started.
 👉  Please contact us via info@sistemglobal.com.tr for all of your questions and opinions.  

TUBITAK TEYDEB ARTIFICIAL INTELLIGENCE ECOSYSTEM CALL APPLICATION DEADLINE HAS BEEN EXTENDED! 
The closing date of the 1711 Artificial Intelligence Ecosystem Call, which aims to activate the Artificial Intelligence Ecosystem in Turkey, has been updated as 23 May 2022 at 23:59.
 
Organizations that have not yet received the pre-registration approval are required to complete their transactions and submit the necessary documents to TUBITAK by 13 May 2022, 17:30.
 👉  Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 
BUSINESS SOLUTIONS🎁
SME STATUS LIMITS HAVE CHANGED! 
99.8% of businesses in Turkey are businesses with 1 to 249 employees. These businesses are considered micro, small, and medium businesses. Being SMEs, they can benefit from many government incentives and support mechanisms.
 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 

FINAL STATUS OF MINIMUM WAGES AND INCENTIVES! 
Vedat Bilgin, Minister of Labor and Social Security, clarified the allegations that there will be a second increase in the minimum wage, which has been frequently voiced in recent days. He also made important statements about 6486 regional incentives and the so-called “new employment model”, the support that will cover all expenses of newly hired employees for 3 months.
 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions. 
NEWS FROM US📣
APRIL SCHEDULE FOR ONLINE TRAINING COURSES…
 We are back in April with our Extensive Online Training Courses on Various Interesting Topics!
 👉 Please contact us via info@sistemglobal.com.tr for all of your questions and opinions.