All companies with a gross annual turnover of TRY 5 million (previously TRY 10 million) are required to digitise their invoices by 1 July of the following year. This applies in particular to all intermediaries and merchants in the fruit and vegetable industry until 1 January 2020, whereas companies in the energy market, car manufacturers, online sellers and web advertisers can still wait until 1 July 2020.
Nevertheless, it is advisable to take care of this as early as possible and ideally leave e-invoicing to a professional who can take care not only of the invoices, but also directly of the archiving and freight notes. This is because the e-Archive Invoice, or e-Bill, becomes binding for the company concerned on the same date as the e-invoice. Only for intermediaries in Internet sales and web advertisers, the deadline for using e-Archive Invoicing is 1 January 2020.
E-Waybill in Turkey will then be the next regulation to which companies should be prepared for from 1 July 2020. Some of you may also be familiar with the term e-Despach Note, although this directive will then also be relevant for the iron and steel industry and for registered users of GTS (Fertilizer Tracking System).
Our e-invoicing experts will be happy to advise you should you have any questions on the subject or require additional information.