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Taxation and legal obligations for companies in Türkiye

What taxes do companies in Türkiye pay in 2025, and what legal obligations should be considered?
Turkish Business World 5 May 2025 3 minutes read

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2025te-turkiyede-sirketler-icin-vergilendirme-ve-yasal-yukumlulukler

Corporate Taxation and Legal Obligations in Türkiye in 2025: A Guide for Entrepreneurs

In 2025, Türkiye has introduced significant updates to its corporate taxation system and legal requirements for companies. For both local and international entrepreneurs, understanding these regulations is key to maintaining compliance and optimizing business performance.

1. Income Tax Rates for Sole Proprietorships

In Türkiye, income earned by sole proprietors is subject to a progressive income tax system. As of 2025, the updated income tax brackets are as follows:

Income Bracket (TRY) Tax Rate
0 – 158,000 15%
158,001 – 330,000 20%
330,001 – 800,000 27%
800,001 – 4,300,000 35%
4,300,001 and above 40%

For example, a sole proprietorship earning a net income of TRY 420,000 would calculate tax as follows:

  • TRY 158,000 × 15% = TRY 23,700
  • TRY 172,000 × 20% = TRY 34,400
  • TRY 90,000 × 27% = TRY 24,300

Total tax liability: TRY 82,400.

2. Corporate Tax (Kurumlar Vergisi)

Corporate entities in Türkiye are subject to a flat tax regime, with distinct rates based on industry:

  • General corporate tax rate: 25%
  • Financial sector rate: 30%

Also, beginning in 2025, a minimum corporate tax (“asgari kurumlar vergisi”) has been introduced. Regardless of exemptions or deductions, companies are required to pay tax on a defined minimum base. This measure aims to limit excessive corporate loss declarations and ensure consistent revenue for the government.

3. Legal Obligations and Business Support Programs

Entrepreneurs must comply with several legal requirements before and after forming a company in Türkiye.

Key Company Formation Steps:

  • Register with the Trade Registry
  • Declare the business with the Tax Office
  • Obtain notarized signature circulars

Foreign Investors:

Foreign nationals looking to set up a company in Türkiye must:

  • Have their founding documents notarized
  • Designate a local representative if necessary

Incentives and Support Programs:

Türkiye offers diverse supports through national agencies that are essential for startups and innovators:

  • KOSGEB provides grants, training, and startup incentives
  • TÜBİTAK offers R&D and innovation project funding
  • Regional investment incentives include VAT and customs tax exemptions

4. Other Applicable Taxes

Besides corporate and income taxes, businesses in Türkiye must be aware of several other taxes:

  • Value Added Tax (VAT): Standard rate is 20%; reduced rates of 8% and 1% apply to essential goods like food and education
  • Withholding Tax (Stopaj): Applicable rates vary between 15% and 35%, depending on the income type and residency status of the employee or contractor

Final Thoughts

Türkiye’s corporate tax system in 2025 reflects a stronger emphasis on transparency, fairness, and revenue stability. Entrepreneurs—especially international ones—should work with local financial consultants and closely follow the updates from official institutions such as the Ministry of Treasury and Finance.

Staying informed and compliant will not only protect businesses from legal risks but also help maximize eligible incentives and minimize tax burden. Regularly monitor official publications and consider consulting a certified tax advisor before making strategic financial decisions.

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