Compliance
12 posts
e-Fatura Onboarding for Non-Resident Companies: Step by Step
Türkiye's e-invoicing (e-Fatura) system is mandatory above modest revenue thresholds, including for foreign-owned subsidiaries. Most parent companies underestimate the setup. A practical, step-by-step guide to onboarding a Turkish subsidiary onto e-Fatura without panic.
2026 Turkish Tax Calendar for Foreign-Owned Operations: Practical Deadlines That Matter
If you run a Turkish subsidiary from abroad, knowing the rhythm of Turkish tax obligations is the difference between calm operations and last-minute crises. A practical month-by-month calendar of what your Türkiye-based finance team must file, when, and why.
Türkiye's e-Delivery Note (e-İrsaliye) Mandate: The 1 July 2026 Deadline Foreign-Owned Entities Keep Missing
Foreign-owned entities track Türkiye's e-invoice rules but often overlook the e-İrsaliye (electronic delivery note) mandate. If your 2025 turnover topped TRY 10 million, the deadline is 1 July 2026 — and unlike invoices, a delivery note is what physically lets a truck leave your yard.
Inventory Valuation Methods Under VUK and IFRS: A Guide for Foreign-Owned Turkish Entities
Inventory valuation looks like a back-office detail until it moves your profit, your tax base and your group numbers in different directions. This guide explains FIFO and weighted-average under VUK and IFRS, the NRV test, and how an ERP keeps both views consistent.
Fixed Asset Management in Türkiye: Depreciation, Revaluation and Group Reporting
Fixed assets are a major balance-sheet item for any Turkish entity, but local depreciation rules, optional revaluation and the VUK-versus-IFRS gap make them surprisingly complex for foreign owners. This guide explains the mechanics and the ERP capabilities you need.
Budgeting and Cash Flow Forecasting for a Turkish Entity in a Volatile-FX Market
A Turkish subsidiary that budgets only in TL gives headquarters a moving target. This guide explains dual-currency budgeting, the 13-week cash forecast, FX-scenario planning, and how to give a foreign parent a forecast it can actually rely on.
Cybersecurity and Data Localization Compliance in Türkiye: ISO 27001, KVKK and the ERP Layer
Foreign-owned companies in Türkiye increasingly face dual cybersecurity demands: home-country frameworks (ISO 27001, SOC 2, NIS2) and Turkish-specific requirements (KVKK, BTK obligations, data localization expectations). This guide explains where these intersect at the ERP layer.
Cross-Border Group Reporting from a Turkish Subsidiary: VUK to IFRS, TL to EUR/USD
Foreign HQs frequently get late, manually-reconciled reports from their Turkish subsidiary because the local books follow VUK and the group expects IFRS. This guide explains how a Turkish ERP can produce both views from the same transactions and shorten group close from 10 days to 3.
Audit Logs and Compliance: What Turkish Inspectors Look For in ERP Systems
Tax inspections, KVKK reviews and independent audits in Türkiye increasingly focus on ERP audit logs. This guide explains what an immutable audit trail must capture, how long records are retained, and the 6 questions inspectors ask that surprise foreign-owned subsidiaries.
Setting Up a Türkiye Subsidiary: Day-1 ERP & Compliance Checklist for Foreign HQs
Foreign companies opening a Turkish subsidiary often defer ERP setup until the entity is 'big enough' — usually six months too late. This day-1 checklist covers tax registration, e-Document mandate, CPA appointment, payroll, and the ERP capabilities needed before your first invoice.
KVKK vs GDPR for ERP Systems: A Compliance Cheat Sheet for Multinational Subsidiaries (2026)
Türkiye's KVKK (Law 6698) and the EU's GDPR overlap on most principles but diverge sharply on cross-border transfer, VERBİS registration and ERP audit-trail expectations. This cheat sheet maps both onto practical ERP controls for 2026.
Türkiye's January 2026 e-Invoice Reform: A Compliance Cheat Sheet for Foreign Suppliers
On 1 January 2026 Türkiye effectively ended paper invoicing. Foreign suppliers selling to Turkish buyers, marketplaces and subsidiaries must understand e-Fatura, e-Arşiv, the 3M TL e-Defter threshold and new e-Gider Pusulası rules. Here is the practical cheat sheet.