Archive for category: Legislation Updates

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Technical Obstacles in Foreign Trade

The WTO (World Trade Organization)'s e-ping website on Technical Obstacles in Foreign Trade has been activated. Technical barriers to trade in order to provide reliable information about market entry conditions on the site...
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Letter of Credit and applications-1

In our previous article, we talked about what Export Practices are. In order to carry out the Export Practices transactions properly and accurately, the following headings must first be well known; - In Foreign Trade...
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Change in KOSGEB Supports

In recent days, KOSGEB supports, which are frequently on the agenda, have been changed by the arrangement published in today's Official Gazette. With the change, businesses, entrepreneurs, professional organizations and operating organizations, the same...
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Single Window System in Customs

The Ministry of Customs and Trade was only physically doing document checks on customs until recently. However, it also launched the Single Window System application, where inspections can be made in the electronic environment. Process with system...
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Iran Changes Official Currency

At the meeting of the Council of Ministers of Iran, the bill for the conversion of the official currency from Riyal to Division was adopted. The bill, passed by the board, will be sent to the Iranian Assembly for approval. The bill stipulates 1 Division to 10 Riyals...
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Sasa closes $450 million current deficit with polyester it produces

Erdemoğlu Holding's YKB Ibrahim Erdemoğlu met with journalists due to the 50th year of Sasa. Erdemoğlu told about their journey to buy Sasa, "We were planning to invest in the polyester industry five years ago....
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Will VAT Returns Born from Exports Accelerate?

Preventing delays in Kdv extradition... The issue of late payment of VAT Returns, which have been expressed for years, has also entered the agenda of the Finance and the web to produce a solution by finding the reasons for the glitches and delays experienced.
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Services Exports

With Article 11/1-a of Law No. 3065, services for customers abroad are exempt from tax. According to the relevant article of the Act, the following conditions are required for a transaction to be considered as a service export...
devlet destekleri
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The Effect of Fluctuation on Foreign Trade

The exchange rate unfortunately continues the upward trend in recent days, surpassing the $3.18/USD level during the day. Unfortunately, the reason I'm saying that not being able to predict exchange rate is a situation that the market doesn't like. Companies can't account for books,
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Apprenticeship Homework Guides Published

"Administrative Homework Guides" prepared on the basis of the relevant legislation to inform taxpayers of their duties and obligations in the taxing process who earn commercial gains, corporate gains and self-employment gains...
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Communique on the standard of financial reporting to Turkey for SMEs

COMMUNIQUÉ From the Turkish Accounting Standards Board: COMMUNIQUÉ ON THE TURKISH FINANCIAL REPORTING STANDARD FOR SMEs SERIAL NO: 208 Purpose ARTICLE 1 – (1) The purpose of this Communiqué is the “Small…” set out in Annex 1 to this Communiqué…
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Communique on the Prevention of Unfair Competition in Importation

31.10.2010 tarihli Resmi Gazete'de 2 adet "İthalatta Haksız Rekabetin Önelnmesine İlişkin Tebliğ" yayımlanmıştır.1-Çin Halk Cumhuriyeti (ÇHC) menşeli 9613.20.90.00.00 gümrük tarife istatistik pozisyonu (GTİP) altında kayıtlı…