How Should Invoices be Prepared for Micro-Exports?
Thanks to developing technology and government incentives, not only individual entrepreneurs but also many SMEs (small, medium, and large enterprises) carry out commercial activities through micro export. Since micro export significantly simplifies cargo shipping processes, SMEs’ tendency to use this method has increased considerably in recent years.
Although micro export provides convenience in many procedures, there are also certain requirements that taxpayers must fulfill. First of all, you must have a sole proprietorship, and you must be able to issue e-archive invoices within your company. The important point here is that when issuing an invoice for micro export, you must issue it as an “e-archive invoice,” not as an “e-invoice.” If the invoice is issued in the wrong format, it will not be possible to carry out the transaction.
How Is an Invoice Issued in Micro Export?
When issuing an invoice in micro export and carrying out micro export with QuickShipper, the following points should be taken into consideration:
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A Turkish e-archive invoice or an invoice bearing the heading of the Ministry of Finance must be issued.
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Invoices can be issued in the desired currency. However, if issued in foreign currency, the exchange rate on the invoice issue date must be clearly stated on the invoice.
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The invoice must include a stamp and signature.
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Export invoices must be issued without VAT and must be consistent with the proforma amount.
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The statement “Of Turkish Origin” must be included on the invoice.
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The invoice must include the Customs Tariff Statistical Position (GTIP) number. You can find your GTIP code on the website of the Ministry of Trade. (https://uygulama.gtb.gov.tr/Tara)
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After ETGB approval, the shipment dispatch is carried out immediately.
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If your shipment will be dispatched with ETGB, you must indicate that it is an ETGB shipment when creating the shipment in the QuickShipper user system.
Information That Must Be Included on a Micro Export Invoice
In addition to the points listed above, since the invoice and the ETGB form must be consistent with each other for micro export to be completed properly, the following information must also be included on the invoice:
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Destination address of the shipment
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Type of goods to be shipped and unit price
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Total sales amount
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Quantity of products in the shipment
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Shipment quantity, dimensions, and weight details
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Customs Tariff Statistical Position (GTIP) number
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Seller’s tax office and tax number
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Information of the person or institution purchasing the product
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Tax liability information of the importer in their own country
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Delivery terms
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Payment details
Contact us to get detailed information about invoice preparation in micro export.