The Turkish government has announced increases in official fees and VAT rates. Effective from 8 July 2023, all official fees, including those charged by the Turkish Patent and Trademark Office (TPTO), have increased by 50%. Additionally, as of 10 July 2023, the main VAT rate for various goods and services went from 18% to 20%, while the secondary VAT rate rose from 8% to 10%.
- Increase in official fees for trademarks and patents
- Adjustment of VAT rates
- Impact on businesses
Source: WTR
