How do invoices and taxes work? (Türkiye and the EU)

Who issues the invoice?

The seller and invoicing party is KUTBU, LLC, a Delaware company in the United States. Invoices are emailed through Stripe, and you can also download past invoices under Administration → Billing and Subscription.

The invoice shows:

• your company name, tax ID and address,
• the amount (USD, excluding tax),
• for companies in Türkiye, the note "Import of services; VAT is self-assessed by the buyer (Turkish VAT return no. 2)",
• for companies in the EU with a valid VAT ID, the note "Reverse charge: VAT to be accounted for by the recipient (Article 196, Council Directive 2006/112/EC)".

VAT

For companies in Türkiye, no VAT is charged on the invoice. Your company declares and pays the VAT on this imported service as the responsible party on VAT Return No. 2; if it has the right to deduct, it can deduct that VAT on VAT Return No. 1 for the same period.

Companies in the European Union

• At purchase, enter your company's EU VAT ID (it starts with your country code, for example DE123456789). A business tax ID is required to buy; Kiryon is not sold to individuals.
• No VAT is added to the invoice. The invoice carries the reverse-charge note above, and your company accounts for the VAT in its own VAT return under the reverse-charge mechanism.
• The invoice shows your company name, VAT ID and address, and the amount in USD excluding tax.
• To change the VAT ID or the billing address, go to Administration → Billing and Subscription; the next invoice uses the new details.

Payment

• Prices are in USD; if your card is in Turkish lira, your bank handles the conversion.
• A company name and tax ID are required at purchase; you can pay with a company card or an employee's card.
• Bank transfer is available only with Enterprise agreements.

We recommend checking bookkeeping and declaration details with your accountant.