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Turkey Tax Information

20% KDV

KDV is 20% standard, 10% reduced, 1% basic food. E-fatura mandatory for many businesses.

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

Invoice Requirements in Turkey

Vergi Kimlik Numarası
Trade registry
Client VKN
KDV breakdown
Total in TRY

Payment Terms

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

Peşin30 gün60 günVade

Payment Methods in Turkey

Havale/EFTKredi KartıNakitÇek

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor invoices in Turkey?

Turkey has 20% KDV. KDV is 20% standard, 10% reduced, 1% basic food. E-fatura mandatory for many businesses.

What payment methods are common for financial advisors in Turkey?

Common payment methods in Turkey include: Havale/EFT, Kredi Kartı, Nakit, Çek. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in Turkey?

Your invoice should include: Vergi Kimlik Numarası, Trade registry, Client VKN, KDV breakdown. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

What KDV rates apply?

20% standard, 10% for necessities, 1% for basic food.