Short-term rental in Turkey is described as the letting of furnished property to several people over the course of the year (mainly during the tourist season) for holiday (vacation) or, occasionally, work accommodation typically for not more than a couple of weeks. It is also popularly known as Holiday Rental.
Transient occupants or Tourists are the major tenants or guests of a short-term rental. They are defined as people who rent out a place other than their permanent place of residence for a short period usually for vacation or work.
The maximum length of stay in Turkey is not more than 90 days for each transient occupant but the short-term rental apartment can be let out for an unlimited number of days or times in the year as long as the short-term rental owner complies with the regulation that concerns the business.
There are a number of national rules that guides short-term rental in Turkey. These include;
Short-term rental owners in Turkey, are required to pay two countrywide taxes, that is, VAT and rental income tax. There are two options for paying rental tax in Turkey. The rental tax can be a lumped sum, that is at an assumed rate, or progressive tax, that is, it is calculated based on earnings.
For short-term rental owners that make less than 3,900TL in a year, nothing needs to be declared.
Short-term rental owners who earn a rental income of 500 TL and above per month are obliged to make payments through bank and postal administrations regardless of the amount.
The rental income period is from the 1st of March to the 25th of March of the next year. You must file your income statement at the end of that period, and the first installment of the taxes due on the rental must be paid on the 31st of March, and the second in July.
Read more about rental income tax in Turkey.
Short-term rental owners in Turkey are required to apply for tax permits, that is the rental income tax permit and the VAT permit, and the Pansiyon license from the local council (Belediye) where the property is located ****in the name of either a turkey citizen or a foreigner who holds a valid work permit. Once the license is obtained VAT must be collected on all bookings. The VAT return must be filled monthly even if it is nil else you will be charged a fine. You are required to file an income tax return and also renew the Pansiyon license with a fee annually.
It is important to check with your municipal authorities for the necessary registrations. Check your sub-national jurisdiction page on this website to access the latest information on the laws and regulations that applies to your short-term rental properties in Turkey.
There is no national short-term rental association in Turkey at the time of compilation of this data.
For further information, please contact;
Ministry of Culture and Tourism
Address: İsmet İnönü Bulvarı No:32 06100 Emek Ankara Turkey
Tel: +90 (312) 470-80-00
Turkey Ministry of Treasure and Finance
Location: T.C. Hazine ve Maliye Bakanlığı, İnönü Bulvarı No:36 06510 Emek/ ANKARA
Email: firstname.lastname@example.org, email@example.com
Lodge compliance is not a licensed tax or financial advisor. Therefore nothing in the above article should be construed as tax, legal, or financial advice. Contact your local tax office for information regarding your personal circumstance.
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