Personal Income Tax Return, General Assembly in Joint Stock Companies, KOSGEB Incentives, and Technopark 3% Investment
Income Tax Return
Individuals with wage income, rental income, securities income (interest, Eurobonds, overseas stocks, etc.), or real estate/vehicle trading income exceeding certain limits must file an annual income tax return this month (by March 31, 2026).
Which wage incomes require a tax return? For the year 2025:
- Total gross wage income from one or more employers exceeding 4.3 million TL (roughly 230 thousand TL net per month)
- In case of receiving wages from multiple employers, if the gross wage from the second employer exceeds 350 thousand TL (generally due to changing jobs within the year)
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Holding the Annual General Assembly Meeting of Joint Stock Companies
Ordinary general assembly meetings of joint stock companies must be held within 3 months following the end of the activity period.
It is mandatory to hold these meetings every year within the specified period at the end of the activity period.
Companies subject to normal accounting periods hold their ordinary general assembly meetings within the month of March
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Definition and Promotion of Service Exports
The Presidential Decree No. 10962 dated February 26, 2026, enacted the "Decision on the Definition, Classification of Service Exports and the Promotion of Service Sectors."
This decision does not cover or amend the provisions regarding service exports stipulated in tax laws.
This Decision determines the scope and conditions of supports to be provided from the Support and Price Stabilization Fund (SPSF).
The decision is structured around four main support programs:
- Service Sectors Breakthrough Program
- Branding Program (Brand / TURQUALITY® / E-TURQUALITY®)
- Sustainability Program
- Overseas Logistics Distribution Networks (OLDN) Program
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KOSGEB Incentive, 3,500 TL Support per Insured Employee
3,500 TL support per insured employee for businesses operating in the textile, apparel, leather, and furniture manufacturing sectors
Financing support (50 million TL upper limit), credit guarantee support (KGF)
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3% Investment Obligation Lower Limit Increased
If the Technopark earnings exemption or R&D deduction utilized in the Corporate Tax return is below 5 million TL, there is no investment obligation (it was 2 million TL according to the previous legislation). For deductions and exemptions exceeding this amount, there is a 3% investment obligation. These investments can be made by:
- Providing capital to a company in an incubation center
- Purchasing funds from Venture Capital Investment Funds (VCIF)
- Becoming a partner in Venture Capital Investment Trusts (VCIT)
The upper limit for the 3% investment amount is 100 million TL
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Providing Ramadan Food Parcels and Iftar Dinners
Tax and SSI implications of Ramadan food parcels to be distributed to personnel and iftar dinners provided
Type of Support or Assistance
In Terms of SSI Premium
In Terms of Income and Stamp Tax
Providing/serving iftar dinner at the workplace/cafeteria
Not subject to premium
Not subject to income/stamp tax
Invoicing of iftar dinner by another company (Dining at a restaurant)
Not subject to premium
300 TL + VAT exemption, subject to IT/ST if this amount is exceeded
Cash payment of Ramadan/Holiday Parcel amount to the employee
158 TL Exemption (Exceeding amount is subject to SSI Earnings Base)
300 TL is exempt, subject to IT/ST if this amount is exceeded
Physical delivery of the Ramadan/Holiday Parcel to the employee
Not subject to premium
300 TL + VAT exemption, subject to IT/ST if this amount is exceeded
Payment of Ramadan/Holiday Parcel amount to the employee meal card (card restricted only to food purchases)
Not subject to premium
300 TL + VAT exemption, subject to IT/ST if this amount is exceeded
Payment of Ramadan/Holiday Parcel amount to the employee meal card (card open to all purchases)
158 TL Exemption (Exceeding amount is subject to SSI Earnings Base)
300 TL + VAT exemption, subject to IT/ST if this amount is exceeded
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POS Obligation in Taxis
Taxpayers engaged in passenger transportation with taxis are required to use taxi fiscal devices starting from September 1, 2026
A Taxi Fiscal Device is an online EFT-POS enabled device operating in connection with taximeters or having taximeter features, approved within the scope of the Communiqué. Taxi Fiscal Devices can issue receipts or e-Documents depending on the trip amount.
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Company Vehicles on SSI Radar
Vehicles registered in the name of the company must, in principle, be used by company employees.
During traffic inspections targeting commercial vehicles, if it is understood that a vehicle belongs to a company, the driver's identity information is checked against SSI records.
If it is determined that the driver is not reported as insured at the relevant workplace, a report is drawn up by traffic units and the issue is reported to SSI.
This situation can be evaluated by SSI within the scope of "undeclared work" and can result in severe administrative fines for the company (66 thousand TL - 198 thousand TL).
Since traffic penalty reports can serve as evidence in determining insurability, it may be necessary to exercise sensitivity regarding this issue.
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Sworn-in Certified Public Accountant (YPKA) Report Obligation for Exemptions and Exceptionshttps://www.resmigazete.gov.tr/eskiler/2025/12/20251230-8.htm500,000 TL and above:- Technopark earnings exemption- R&D and Design deduction- Free Zone earnings exemption- Earnings deduction for software, engineering, education, and health services provided abroad (80%)- Emission premiumIn this context, especially Technopark companies and a large portion of companies exporting software and services abroad will need a YPKA report.
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5-Point SSI Incentive Reduced to 2 Points
The 5-point discount for regular SSI payers has been reduced to 2 points, while this incentive will continue to be applied as 5 points for the manufacturing sector
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TÜBİTAK 1501 and 1507 Support Upper Limits Increased
New supports:
- 1507 Project Budget Upper Limit 3.5 million TL
- AGY101 and AGY301 Document Preparation Support: 75 thousand TL
- 1501 Economic Feasibility Report Budget: 25 million TL
- 1501 and 1507 Economic Feasibility Support: 125 thousand TL
- Idea Owner Researcher Award: 40 thousand TL
1501 Industry R&D Support Program call application deadline is March 30, 2026
1507 SME R&D Start-up Support Program call application deadline is March 16, 2026
TÜBİTAK 1709-EUREKA-EUROSTARS 2026/1 call application deadline is March 19, 2026
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Collection of Exports Made to the Turkish Republic of Northern Cyprus (TRNC) in Foreign Currency
It was mandatory to collect export proceeds made to the TRNC in Turkish Lira, but this rule has been relaxed, allowing export proceeds to be brought into the country in foreign currency
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State Contribution in Private Pension System Reduced from 30% to 20%
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Briefly
2026 tax-exempt daily meal allowance is 300 TL + VAT (300 TL if paid in cash), while the SSI-exempt meal allowance is 158 TL
Severance pay ceiling: 64,948.77 TL (gross) and 64,455.81 TL (net)
Young Entrepreneur exemption: 430 thousand TL
Rate to be considered in the interest deduction calculated over cash capital increase: 45.34%
Invoice issuance limit: 12 thousand TL
Deadline for businesses registered in the Industry Registry and holding an industry registry document to submit their 2025 activity statements: April 30, 2026
2026 minimum wage support: 1,270 TL
Changes were made to the price tag regulation. Based on this change, service, table, and cover charges cannot be collected
The check payment amount that banks are obliged to pay has been increased to 16,350 TL
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