Corporate Tax Rate in Türkiye in 2026
As of 2026, the general corporate income tax rate in Türkiye is set at 25%. This level has remained stable since 2023 and continues unchanged from 2025.
Sector-Based Rates and Variations
The corporate tax rate in Türkiye differs depending on the business sector.
Higher Rate for Financial Institutions
Financial entities such as banks, insurance and reinsurance companies, pension funds, capital market institutions, electronic payment and money institutions, and asset management companies are subject to a 30% corporate tax rate. This higher rate is an important consideration for international financial institutions in their operational and tax planning strategies.
Tax Incentives for Export and Production
Türkiye encourages specific economic activities through reduced tax rates:
- for profits earned exclusively from export activities: 20%
- for manufacturing profits of institutions registered with an industrial registry certificate and actively engaged in production: 24%
Minimum Corporate Tax Application
Since 2025, Türkiye has implemented a domestic minimum corporate tax mechanism. Under this rule, the amount of tax calculated cannot be less than 10% of the corporate income. This measure ensures a minimum level of tax contribution from low-margin businesses. However, newly established companies are exempt from the minimum requirement for their first three fiscal periods.
Historical Development and Structural Context
The corporate income tax rate in Türkiye was increased from 22% to 25% in 2021. It was temporarily reduced to 23% in 2022 but reinstated to 25% from 2023 onwards. It should be noted that the Ministry of Treasury and Finance retains the authority to revise this rate in response to economic conditions.
Declaration and Payment Timeline
For the 2025 fiscal year, companies operating on a calendar-year basis must file and pay their corporate income tax between April 1 and April 30, 2026.
Strategic Considerations for International Entrepreneurs
For foreign investors planning to operate in Türkiye, understanding the corporate tax structure is crucial for business planning and profitability analysis. Financial service providers should account for the higher 30% rate, while export-oriented or production-based operations can benefit from preferential rates of 20% and 24%, respectively. The minimum corporate tax serves as a safeguard for fiscal sustainability, particularly relevant for startups and early-stage ventures during periods of limited profitability.