The Turkish Revenue Administration (TRA) has been managing an e-Invoicing system since 2014, which has been widely used by taxpayers in the country. To further enhance the system, the TRA has recently published a QR Code Standard Guideline, which will require taxpayers to include a QR code in their electronic documents. This new guideline will be effective from September 1, 2023.
The QR Code Standard Guideline will apply to taxpayers who integrate their systems with special integrators and will require them to make necessary improvements to their systems. The e-Invoice system is currently used for B2B and B2G transactions, while the E-Archive system is used for B2C transactions and B2B transactions where customers do not reach the e-invoice registration threshold. In addition, the E-Delivery Notes report product movements.
The new QR Code Standard Guideline is expected to bring significant benefits to taxpayers in Turkey. It will simplify the process of issuing and receiving invoices, reduce errors, and improve compliance with tax regulations. The QR codes will enable taxpayers to easily verify the authenticity of invoices and prevent fraud.
The TRA has been working closely with taxpayers and software providers to ensure a smooth transition to the new QR Code Standard Guideline. Taxpayers are advised to start preparing for the change well in advance to avoid any disruptions to their business operations.
Overall, the new QR Code Standard Guideline is a positive development for taxpayers in Turkey. It will help to streamline the invoicing process, reduce errors, and improve compliance with tax regulations. Taxpayers should take advantage of this opportunity to improve their systems and processes, and ensure that they are fully prepared for the new requirements that will come into effect in September 2023.
