Beneficial Ownership Notification for General, Ordinary & Non-Share Limited Partnerships

Pursuant to General Communiqué on the Tax Procedure Law No. 529, certain categories of taxpayers other than corporate income taxpayers are required to resubmit their beneficial ownership information electronically to the Turkish Revenue Administration by the end of August each year.

Accordingly, the following entities are required to resubmit the Beneficial Ownership Notification Form between August 1, 2026 and August 31, 2026:

• General partnerships,
• Ordinary partnerships and
• Limited partnerships without share capital.

The notification must be submitted by:

• General partnerships: The person authorized to represent the partnership or any of the partners,
• Limited partnerships without share capital: One of the general partners,
• Ordinary partnerships: The partner holding the largest ownership interest.

The notification must be submitted electronically through the Internet Tax Office of the Turkish Revenue Administration. After logging into the system using the taxpayer's Internet Tax Office credentials, the form should be completed by selecting:

Other Notifications and Information Entries → Beneficial Ownership Notification Form

Certified Public Accountants (SM), Certified Public Accountants and Financial Advisors (SMMM), Sworn-in Certified Public Accountants (YMM), attorneys, and the other persons and entities listed in Article 4(2) of General Communiqué on the Tax Procedure Law No. 529 are required to submit beneficial ownership information only upon request by the Turkish Revenue Administration.

Accordingly, unless specifically requested by the Turkish Revenue Administration, these persons and entities (including SMs, SMMMs, and YMMs) are not subject to a filing obligation.

Pursuant to General Communiqué on the Tax Procedure Law No. 529, the penalty provisions of the Tax Procedure Law No. 213 shall apply where the notification:

• Is not submitted within the prescribed period;
• Is incomplete;
• Or contains misleading or inaccurate information.

Furthermore, pursuant to Law No. 7417, published in the Official Gazette dated July 5, 2022 (No. 31887), subparagraph (9) was added to Article 257 (repeated) of the Tax Procedure Law, authorizing the Ministry of Treasury and Finance to determine the procedures and principles governing beneficial ownership reporting obligations.

Under this framework, taxpayers who fail to comply with the beneficial ownership reporting or record-keeping obligations shall be subject to a special irregularity penalty at three times the amount prescribed under subparagraph (1) of the first paragraph of recurrent Article 355 of the Tax Procedure Law.

You may access the relevant announcement here. (In Turkish)