Published: June 4, 2026

On June 4, 2026, Law No. 7582 (The Law on Amending Certain Laws) was officially published in the Official Gazette, introducing some of the most aggressive fiscal incentives and wealth management instruments Turkey has unveiled in a generation. At a time when global cross-border operations are increasingly restricted by regulatory friction, over-compliance, and international sanctions, this new legislative framework re-positions Turkey as an agile, highly competitive haven for international capital, multinationals, and global asset reallocation.

For international investors, asset managers, and corporate groups, Law No. 7582 opens three primary strategic windows of opportunity.

1. The 20-Year Global Income Tax Exemption: A New Frontier for Global Citizens

One of the most remarkable additions to the Income Tax Law targets incoming foreign executives, founders, and high-net-worth individuals.

•The Rule: Real persons who establish residency in Turkey will enjoy a complete income tax exemption for 20 years on all earnings and revenues derived outside of Turkey.

•The Condition: The beneficiary must not have had a registered primary residence or tax residency in Turkey during the three calendar years immediately preceding their relocation.

•The Opportunity: This turns Turkey into a premier global alternative to traditional "non-dom" or golden visa jurisdictions. It allows international business leaders to manage global asset portfolios, international investment funds, and overseas corporate shares completely tax-free from Istanbul.

To facilitate swift capital mobility amidst a tightening global banking ecosystem, the law introduces a highly favorable Wealth Amnesty framework that runs until July 31, 2027.

•Assets Covered: Foreign currency, gold, cash, securities, and other capital market instruments held abroad—as well as domestic assets not currently recorded in legal books—can be declared and legally integrated into the Turkish financial system.

•Optimized Tax Brackets (0% to 5%): While the base tax rate for declaration is set at 5%, the law provides an innovative optimization ladder. Investors who commit to holding these declared assets in fixed-term accounts, government domestic debt securities (GDDS), lease certificates, or Venture Capital Investment Funds (Girişim Sermayesi Yatırım Fonları - GSYF) will see their tax rate drop to between 0% and 4% depending on the maturity.

•The Opportunity: For multinational corporations and international investors looking to restructure assets without navigating over-compliant cross-border red tape, this framework acts as a secure legal bridge. It encourages immediate fund channelling into Turkey’s high-yield venture capital and private equity ecosystems.

Law No. 7582 formally introduces the concept of a "Qualified Service Center" to the Foreign Direct Investments Law, creating an unparalleled setup for corporate groups.

•The Criteria: A Qualified Service Center is defined as an entity established to provide centralized services (such as legal, financial, administrative, or operational support) to related group companies active in at least three different countries, provided that at least 80% of their annual revenue is generated from abroad.

•Unprecedented Tax Deductions: These centers qualify for a 95% Corporate Tax deduction on their foreign revenues. Crucially, if located within the Istanbul Financial Center (IFM), this deduction jumps to 100%.

•Labor Incentives: To attract top-tier global talent, the salaries of employees at these centers are entirely exempt from income tax up to three to five times the minimum wage.

•The Opportunity: Multinationals looking to escape the prohibitive operational costs and rigid corporate compliance regimes of Western Europe can now establish their regional shared-service hubs or global headquarters in Istanbul, operating virtually corporate-tax-free while legally servicing global affiliates.

Structural Relief for Existing Operations: Extended Debt Structuring

Beyond new capital attraction, the law provides significant breathing room for companies managing local debt or public obligations. The standard statutory deferral and installment period for public claims under Law No. 6183 has been doubled from 36 months to 72 months, significantly easing mid-term corporate cash-flow pressures.

Law No. 7582 marks a definitive pivot toward economic pragmatism. By slashing the tax burden on incoming global wealth and international corporate services, Turkey is positioning itself as a fluid corridor for global capital reallocation. Navigating the cross-border corporate architecture, setting up Qualified Service Centers, and restructuring assets via Venture Capital Funds under this new law require meticulous legal tailoring.