The obligation to bring exportation costs back to Turkey within 180 days and to exchange %80 of them in the bank has come into effect as of 04.09.2018 for six months with the Communique on the Decision numbered as 32 regarding the Protection of the Value of Turkish Currency (Regarding Exportation Costs). With the Communique dated 03.03.2019 and numbered 2019-32/53, which was published in the Official Gazette numbered as 30703; the duration had been extended to 04.09.2019.
In accordance with the 2nd article of Industrial Registry Law numbered 6948, it is mandatory for industrial businesses registering to the Industrial Registry Information System within two months after they start production activities. Production units are required to be registered separately.
With the law published in 29796 numbered Official Gazette on 09/08/2016, it has been decided to merge Withholding Declaration with Premium and Service Declaration, under the name “Withholding and Premium Service Declaration”.