People who search for Turkey's twenty-year tax exemption usually land on a summary of one article. The exemption is Article 4 of a fifteen-article law, and the other fourteen articles matter to the same readers: one changes the inheritance tax of the people who use the exemption, one opens a window to bring undeclared assets home, two build a new corporate regime with its own twenty-year clock, and one moves a deadline of the Istanbul Finance Centre out to 2047.
I have gone through Law No. 7582 in the text published in the Official Gazette, one article at a time, and matched each article to the consolidated statute it amends and to the implementing communiqué published a month later. This page is the map. The individual exemption itself is explained in full on Turkey's 20-year exemption on foreign income; here the aim is to show where it sits and what came with it.
Sources, checked 16 September 2026. Law No. 7582 on Amendments to Certain Laws, adopted 21 May 2026, Official Gazette No. 33270 of 4 June 2026; consolidated texts on mevzuat.gov.tr of the Income Tax Law No. 193, Corporate Tax Law No. 5520, Istanbul Finance Centre Law No. 7412, Inheritance and Gift Tax Law No. 7338 and Law No. 6183 on the Collection of Public Receivables; Official Gazette No. 33300 of 4 July 2026 (Income Tax Communiqués Series No. 333, 334 and 335; General Communiqué on Bringing Certain Assets into the Economy, Series No. 1; Corporate Tax Communiqué amendment Series No. 26).
The law in one table
Law 7582 is an omnibus act. Its first thirteen articles amend seven different statutes, and the entry-into-force article at the end gives four of them their own start dates.
| Art. | Statute amended | What changed | Applies from |
|---|---|---|---|
| 1 | Law 6183, Art. 48 | Deferral of public receivables up to 72 months (was 36); no security required up to 1,000,000 TL | 4 June 2026 |
| 2 | Law 7338, Art. 16 | 1% inheritance tax rate for persons benefiting from Art. 20/D, within the exemption period | 4 June 2026 |
| 3 | Law 193, Art. 17 | Share-based pay in tech-start-up companies: exempt up to twice the annual gross wage; clawback periods shortened to 2, 3-4 and 5-6 years | 4 June 2026 |
| 4 | Law 193, new repeated Art. 20/D | Twenty-year exemption on foreign income for newly settled individuals | Persons settled from 1 January 2026 |
| 5 | Law 193, Art. 23(1)(20) | Wage exemption for qualified service staff: up to 3 times the gross minimum wage (5 times in approved industrial zones and the Istanbul Finance Centre) | 4 June 2026 |
| 6 | Law 4875, new Additional Art. 1 | Definition of a qualified service centre | 4 June 2026 |
| 7 | Law 5520, Art. 10(1)(i) and (j) | 95% deduction for transit trade and for qualified service centres' foreign income, 100% in approved zones and the Finance Centre; (j) runs for twenty accounting periods | Returns due from 1 July 2026, for 2026 income |
| 8 | Law 5520, Art. 32(8) | 12.5% corporate tax on manufacturing and agricultural production income | Income from 2027 |
| 9 | Law 5520, Art. 32/C | New deductions added to the list protected from the 10% domestic minimum tax | Returns due from 1 July 2026 |
| 10 | Law 5520, new temporary Art. 19 | Asset peace: declaration of foreign and unrecorded assets to banks by 31 July 2027 | 4 June 2026 |
| 11 | Law 5746, Art. 3 | Convertible-debt capital increases for tech start-ups; three-year exemption from chamber fees for digital companies of incubation entrepreneurs | 4 June 2026 |
| 12 | Law 7412, Art. 6(2) | Finance Centre wage exemption opened to all participants; no double exemption with Art. 23(1)(20) | 4 June 2026 |
| 13 | Law 7412, temporary Art. 1 | 100% corporate deduction extended to 2047; financial activity fee exemption extended from five to twenty years | 4 June 2026 |
| 14 | Entry into force | Separate dates for Articles 4, 7, 8 and 9 | |
| 15 | Execution | The President |
Four different "twenty years" in one law
The phrase "twenty years" appears in Law 7582 in more places than the individual exemption, and the headlines have mixed them together. They are four separate rules with four separate beneficiaries.
| Rule | Beneficiary | What runs for twenty years | Counted from |
|---|---|---|---|
| Income Tax Law repeated Art. 20/D | Individuals settled in Turkey from 2026 | Income tax exemption on income obtained abroad | Becoming settled; no day-count rule in the text |
| Corporate Tax Law Art. 10(1)(j) | Companies operating as qualified service centres | 95% or 100% deduction on foreign income from those services | The accounting period in which the centre starts activity |
| Law 7412 temporary Art. 1(2) | Financial institutions holding a Finance Centre participant certificate | No financial activity fees under the Fees Law | Entry into force of Law 7412 (28 June 2022) |
| Law 7412 temporary Art. 1(1) | Finance Centre financial institutions | 100% rate of the Art. 6(1)(a) deduction | Tax years 2022 to 2047 |
Only the first of these helps a person who moves to Turkey. The second is a company regime. An individual who owns a qualified service centre does not become exempt personally, and an individual holding a certificate under Article 20/D does not make their company eligible for Article 10(1)(j). Communiqué No. 333, Article 3(10), closes the first door expressly: the personal exemption is for natural persons only. What a founder who moves with a foreign company keeps and loses is covered in moving to Turkey with a foreign company.
Articles 4 and 2: the individual and the estate
Article 4 inserts repeated Article 20/D. A natural person settled in Turkey, with neither a Turkish domicile nor a Turkish tax liability in the three calendar years before settling, is exempt from income tax on income obtained outside Turkey for twenty years. A prior liability arising only from Turkish rent, investment income or capital gains does not disqualify. Exempt income is not declared, related costs are not deductible, foreign tax on it is not creditable, and conditions found unmet later turn the untaxed amount into lost tax. Article 14(a) applies the article to persons settled in Turkey from 1 January 2026.
The mechanics live in Communiqué No. 333: an exemption certificate requested from the tax office by the end of the calendar year of settlement, or by the end of February for those settled in November or December, and thirteen worked examples.
Article 2 adds a paragraph to Article 16 of the Inheritance and Gift Tax Law. For persons benefiting from the Article 20/D exemption, transfers by inheritance within the exemption period are taxed at 1%. The ordinary scale for inheritance runs from 1% to 10% on brackets that reach 55,000,000 TL in 2026. The paragraph says nothing about gifts, which stay on the 10% to 30% scale.
Articles 5, 6 and 12: qualified service centres and their staff
Article 6 creates a new type of company in the Foreign Direct Investment Law. A qualified service centre is a capital company set up to serve a related company or group active in at least three countries, earning at least 80% of its annual revenue from related companies abroad, and providing services from a closed list: financial and strategic consulting, risk, cash and treasury management, funding, budgeting and reporting, international accounting and compliance, audit, digital transformation, data analysis, legal consulting, marketing and brand management, human resources and training, and coordination of sales, support, research and development, procurement and testing. The legal consulting item carries a condition that matters to us as a profession: advice on domestic activities or on Turkish law may be obtained only from a lawyer or law partnership entitled to practise under the Attorneys Act.
Article 5 gives the staff of such a centre a wage exemption. The part of the wage up to three times the gross minimum wage is exempt, or five times for centres in industrial zones approved by the President and centres holding a Finance Centre participant certificate. Communiqué No. 334 works the numbers for 2026 on a gross minimum wage of 33,030 TL: 99,090 TL a month at three times and 165,150 TL at five times, with the exempt part also free of stamp tax. Support staff are outside the definition.
Article 12 prevents stacking. The Finance Centre's own wage exemption in Law 7412, Article 6(2), is 60% or 80% of the wage for staff with five or ten years of professional experience abroad who have not worked in Turkey in the three years before starting. Staff of a qualified service centre who use that exemption cannot also use Article 23(1)(20).
The implementing rules for the definition are to be issued by the Ministry of Industry and Technology with the opinions of the Treasury and Trade ministries. As of the date at the top of this page I found no such rules published. A group weighing this route faces the ordinary company-formation steps first, set out in setting up a company in Turkey as a foreigner.
Articles 7, 8 and 9: corporate tax
Article 7 rewrites Corporate Tax Law Article 10(1)(i). Gains from buying goods abroad and selling them abroad without bringing them into Turkey, or from brokering such trades, are now 95% deductible, or 100% in approved industrial zones and in the Finance Centre. Two conditions apply: the gain must be transferred to Turkey by the corporate tax filing date, and neither seller nor buyer in the brokered trade may be in Turkey. The same article adds subparagraph (j): a qualified service centre deducts 95% (100% in approved zones and the Finance Centre) of the foreign income it earns exclusively from those services, subject to the same transfer condition, for twenty accounting periods from the period it starts activity.
Article 8 replaces Article 32(8). From 2027, income exclusively from manufacturing by companies holding an industrial registry certificate and actually producing, and income exclusively from agricultural production, is taxed at 12.5%, with no further reduction under paragraph 7 on top. Article 9 adds the new deductions to the list that survives the 10% domestic minimum corporate tax in Article 32/C. The general corporate rate and its exceptions are set out in Turkey's corporate tax rate for 2026.
Article 10: asset peace
Article 10 adds temporary Article 19 to the Corporate Tax Law. Individuals and companies may declare money, gold, foreign currency, securities and other capital market instruments held abroad, and taxpayers may declare such assets held in Turkey but missing from their books, to a Turkish bank or intermediary by 31 July 2027. Foreign assets must reach a Turkish account within two months of the declaration. The bank collects 5% up front, reduced to 4%, 3%, 2%, 1% or 0% where the holder commits to keep the assets in time deposits, government debt securities, lease certificates or venture capital funds for one to five years; declarations made from 1 January 2027 carry half a point more. Declared amounts are protected from tax inspection and assessment, provided every condition is kept.
For a person moving to Turkey this regime is easy to misread. Money a non-resident brings into Turkey is not income, and the Communiqué No. 333 example of a resident of the United Arab Emirates transferring funds into a Turkish account says so. Asset peace is aimed at assets that should have been taxed and were not. The remote worker's and retiree's position on moving money is covered in retiring to Turkey. The Series No. 1 communiqué of 4 July 2026 sets out the forms and the commitments.
Articles 1, 3, 11 and 13: collection, start-ups and the Finance Centre
Article 1 lets the tax office defer public receivables for up to 72 months instead of 36, with security required only above 1,000,000 TL instead of 50,000. Article 3 amends Income Tax Law Article 17 on shares given to employees of tech start-ups: the exemption rises to twice the employee's annual gross wage, and the clawback now takes the full exempted tax if shares are sold within two years, 75% within three to four years and 25% within five to six years. Communiqué No. 335 rewrites the examples. Article 11 lets non-public tech start-ups holding the ministry's badge issue shares against convertible debt outside the Commercial Code's conditional capital rules, and exempts digital companies of incubation entrepreneurs from chamber fees for three years. Article 13 extends the Finance Centre's 100% deduction to tax years up to 2047 and the financial activity fee exemption from five to twenty years.
Article 14: when each article applies
| Article | Entry into force |
|---|---|
| 4 (Art. 20/D) | On publication, 4 June 2026, applying to persons settled in Turkey from 1 January 2026 |
| 7 and 9 (transit trade, qualified service centres, minimum tax) | On publication, from returns due on or after 1 July 2026 and for 2026 corporate income |
| 8 (12.5% rate) | On publication, for income from 2027 |
| All others | On publication, 4 June 2026 |
The practical consequence of Article 14(a) is that the individual exemption reaches back to people who settled in the first five months of 2026, before the law existed. Their certificate deadline is still the end of 2026, which is why a person who became resident in, say, February 2026 has less time left than they may think.
Whose side we are on, and how we are paid
A tax package like this is sold by people whose income depends on the transaction it encourages: the relocation firm on the move, the bank on the deposit, the developer on the sale. We take no commission from any of them, in any form, on any file. The fee our client pays is our only income from the matter and does not change with the client's decision, so telling someone that an article does not apply to them costs us nothing.
We are lawyers, not licensed investment advisers. We do not give personal investment advice on financial instruments, including on which asset-peace commitment to choose. We advise on the legal and tax position the law creates: who qualifies, which certificate or declaration is needed, and by which date.
Getting the right article applied to you
If you are deciding whether to move, the question is Article 4 and its three-year look-back. If you run a group that could base services in Turkey, it is Articles 5, 6 and 7 and the ministry rules still to come. If you hold assets that were never declared, it is Article 10 and a deadline of 31 July 2027. Our Turkish tax work is described on the international tax page.
What this page does not settle
It does not settle the content of the Ministry of Industry and Technology's rules on qualified service centres, which I did not find published. It does not interpret the corporate communiqué amendment of 4 July 2026 on the new deductions line by line. It does not tell you which asset-peace commitment suits your finances, which is an investment question, not a legal one.
