What is turkey vat number?

Turkey VAT number, also known as “Vergi Kimlik Numarası” (VKN), is a unique identification number given to individuals and businesses registered for VAT in Turkey. It consists of 10 digits and is issued by the Turkish Revenue Administration.

Every legal entity or natural person engaged in business activities in Turkey must obtain a VAT number. This includes both resident and non-resident taxpayers who are engaged in taxable transactions in Turkey. To obtain a VAT number, businesses and individuals must register with the local tax office in the province where they conduct business.

The VAT number is used for tax purposes, including reporting and paying VAT. It is also used as a means of identification in transactions with other businesses and individuals. Failure to obtain a VAT number can result in penalties and fines imposed by the authorities.

Overall, the Turkish VAT system is regulated by the VAT code and managed by the Turkish Revenue Administration. The VAT rate in Turkey varies depending on the type of goods or services provided, ranging from 1% to 18%.