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Turkey

Please see below for a summary of payment terms in Turkey and the various industries across which payment term legislation appears. You can also download a summary of all Turkish payment terms by clicking the button below.
Industries Laws Codes Notes
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

Article 1530 of Turkish Commercial Code 6102, Results of Late Payments in Processes Prohibited by Commercial Provisions and Supply of Goods and Services, sets a 30 day default term for private commercial trade where no term is specified in contract. The maximum commercial contract term is 60 days unless otherwise agreed and not a severe injustice. For payments to SMEs, agriculture or animal producers the maximum term is strictly 60 days.

  • Government
  • Comm_terms_law
  • Construction
  • Manufacturing
  • Retail_agriculture
  • Services
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Article 7 of the Law on the Regulation of Retail trade sets a maximum payment term of 30 days for good which can spoil within 30 days.

  • Comm_terms_law
  • Retail_agriculture
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