Recently, the Turkish Customs issued a series of new tax reform regulations, which made major adjustments to the tax policy for small parcels of cross-border e-commerce. These changes have significantly increased the tax rate for small parcels, and at the same time strictly restricted the declared value of a single parcel and the number of parcels per month. For cross-border sellers who rely on the small parcel export model, this is undoubtedly a "storm".

Interpretation of the new tax reform regulations: Unprecedented challenges, small parcel direct delivery model encounters obstacles

On August 5, 2024, the Turkish Customs issued a decision to amend the implementation resolution of some provisions of the Tariff Law No. 4458, which clearly adjusted the tax policy for cross-border small parcels. The specific contents are as follows:

1. The declared value of a single parcel has been greatly reduced

The maximum declared value of a small parcel has been adjusted from the original 150 euros to only 30 euros (about 32.5 US dollars), which is a significant adjustment. This means that the types and quantities of goods that sellers can declare in a single parcel are greatly limited, which directly affects the flexibility of the product portfolio.

2. Limitation on the number of parcels for a single recipient

The same recipient ID can only successfully order 5 parcels per month, which strictly restricts consumer purchasing behavior and also puts forward new requirements for the sales strategy of cross-border sellers.

3. The tax rate for small parcels has increased significantly

The tax rate has doubled: the tax rate for cross-border small parcels entering Turkey by post or express freight has been increased from the original 30% to 60%, an increase of 100%.

Additional taxes and fees for special goods: If the goods are listed in Schedule (IV) of the Special Consumption Tax Law No. 4760 of 2002 (such as electronic products, luxury goods, etc.), an additional 20% special consumption tax and import tax shall be levied on the basis of the basic tax rate.

4. Scope of application of the new tax reform regulations

Not only for ordinary goods, but also for pharmaceuticals, all goods entering Turkey by post and express freight are subject to the new regulations. The new regulations have officially come into effect on August 20, 2024, and the impact of the relevant adjustments on small and medium-sized sellers is particularly prominent.

5. Impact of exchange rate fluctuations

When declaring, special attention should be paid to exchange rate fluctuations to avoid exceeding the limit due to fluctuations in the declared value, resulting in additional customs clearance obstacles.

Faced with many restrictions brought by the new tax reform regulations, U-Times Turkey Overseas Warehouse provides sellers with compliant and efficient solutions to help sellers find a breakthrough in the new regulations.

U-speed Turkey Overseas Warehouse: The best solution to solve the tax reform dilemma

Why choose an overseas warehouse?

Through the overseas warehouse model:

Goods can be sent to Turkey in batches to achieve local storage and local delivery, avoiding the high tax rates and policy restrictions of small packages directly sent.

Sellers can flexibly adjust product inventory, improve order fulfillment efficiency, and reduce logistics costs.

More importantly, the overseas warehouse model complies with Turkish policy requirements and provides sellers with a long-term and stable solution under the background of tax reform.

U-speed Turkey Overseas Warehouse: Strength guarantees sellers' compliant and efficient operations

As the first company in the Chinese freight forwarding industry to open an overseas warehouse in Turkey, U-Times is committed to providing high-quality services to cross-border sellers.

1. Efficient service and fast delivery

Orders placed before the cut-off time can be shipped out within 24 hours, with a delivery time of 1-3 days, covering the entire territory of Turkey, and the fastest delivery the next day.

2. Rich resources and deep strength

U-speed has been deeply involved in the field of air and sea transportation in Turkey for many years. It has a stable partner in the Turkish destination port and provides full-chain service guarantee. The first leg of sea transportation adopts a direct express ship with a time limit of only 35 days.

3. Professional team and stable service

The warehouse team is mainly composed of local Chinese, with no language barriers and high communication efficiency. Professional hardware equipment and mature operation processes, with a daily parcel processing capacity of more than 2,000 pieces.

4. Customs clearance and delivery are both self-operated

U-speed adopts self-operated customs clearance and delivery services, with efficient and controllable customs clearance links and fast and stable delivery time.

5. Self-developed WMS warehouse management system

U-speed's self-developed WMS system supports dynamic updates of inbound and outbound storage and refined data export, providing sellers with a transparent and efficient inventory management experience.

Overview of U-speed's overseas warehouse services in Turkey

Warehousing management: providing transit warehousing, self-delivery warehousing, FBA warehousing, general cargo and battery storage services.

Order fulfillment: support one-piece delivery, standard delivery, self-pickup and destruction delivery services to meet diverse needs.

Return and exchange processing: provide original return, after-sales return, return destruction and quality inspection services as required.

Written in the end

The implementation of Turkey's tax reform policy has brought challenges and opportunities. With its strong resource allocation and professional services, U-speed's self-operated overseas warehouse in Turkey provides sellers with the best choice to break through the dilemma. In this changing market environment, U-speed will always work side by side with cross-border sellers to jointly explore new growth opportunities!

If you want to know more about the services of U-speed's overseas warehouse in Turkey, please feel free to contact us (Thomas/17727404026) and let the professional team escort your cross-border business!