Financial Crime World

Simplifying E-Invoicing Requirements in Turkey with Fonoa’s Expert Solution

Turkey has taken a significant step towards implementing e-invoicing across all transaction types, mandating its use for businesses-to-business (B2B), businesses-to-consumer (B2C), and government entities (B2G) transactions. The Turkish Revenue Administration requires companies to issue electronic invoices (e-invoices) for these transactions. However, this comes with complexities that Fonoa’s e-invoicing solution has been designed to simplify.

Simplifying the Process

Fonoa’s e-invoicing solution automates essential tasks such as registration checks and provides local storage for e-invoices within Turkey. The company understands the importance of local compliance and ensures that businesses meet regulatory requirements while operating efficiently in the Turkish market.

Key Features

  • Document Type Determination: Fonoa’s solution determines document types based on recipient tax identification numbers, eliminating the need for businesses to define further.
  • Invoice Numbering Sequence: The solution handles invoice numbering sequences, ensuring they are compliant with Turkish regulations.
  • Alias Identification: It identifies correct aliases and prevents rejections from the Turkish Revenue Administration (TRA).
  • E-Archiving Compliance: Fonoa’s solution complies with e-archiving rules, automating long-term electronic archiving in line with country-specific regulations.

Frequently Asked Questions

Special Integrator

  • What happens when a special integrator is used?
    • Taxpayers need to obtain their e-signature/financial seal for onboarding from Tubitak and authorize a service provider.

E-Fatura User List

  • How do I check if the recipient is registered in the e-Fatura user list?
    • Prior to issuing an e-Fatura invoice, suppliers should check if the recipient is registered in the e-Fatura user list. If found, issue and distribute an e-Fatura invoice. If not found, distribute an Arşiv invoice.

Changing Providers

  • What happens when changing providers?
    • Taxpayers can choose whether to continue using the same number series or start a new one.

New Requirements Starting September 2023

Starting September 2023, QR Codes are mandatory on invoices, and e-invoices must be digitally signed. Additionally, e-arsiv invoices (PDF) require a scanned copy of the handwritten signature of the company representative.

Expert Solution for Compliance and Efficiency

Fonoa’s expert solution helps businesses navigate Turkey’s e-invoicing requirements with ease, ensuring compliance and efficiency in the Turkish market. By leveraging Fonoa’s solution, companies can focus on their core operations while meeting regulatory requirements.