- Turkey has been implementing a comprehensive e-invoicing system since 2012.
- The system initially applied to certain industries but has expanded to cover a wider range of businesses and transactions.
- Businesses with an annual turnover exceeding 5 million Turkish lira are mandated to adopt electronic invoicing.
- The scope of the e-invoicing system includes various electronic documents beyond traditional invoices.
- Certain sectors, such as fruit and vegetable traders and online marketplaces, are obligated to issue electronic invoices regardless of their revenue.
- The government aims to eventually cover all or nearly all transactions with e-invoicing.
- E-arşiv invoices are tailored for transactions involving final consumers, adding flexibility to the system.
- The government’s goal is to minimize the VAT gap and prevent tax fraud.
- Businesses in Turkey must comply with evolving e-invoicing rules and reporting requirements.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
