Market Entry Strategies for Turkey: A Comprehensive Guide for 2025. As one of the most strategically positioned economies bridging Europe and Asia, Turkey offers immense potential for global businesses. With a growing population, developed infrastructure, and diversified industries, entering the Turkish market is both attractive and challenging. Foreign investors must adopt the right approach to...
Turkish Investment Consultancy. Turkey is increasingly becoming a prime destination for global investors, thanks to its strategic location, growing economy, and investment-friendly environment. However, entering a new market can be complex without professional support. This is where Turkish investment consultancy services become essential. These specialized advisory services help international entrepreneurs navigate the regulatory, legal, and...
Invest in Turkey: The Ultimate Guide for Foreign Investors in 2025. Turkey has become a top destination for international investors seeking both opportunity and long-term value. With its strategic location bridging Europe and Asia, favorable investment legislation, dynamic economy, and competitive business environment, Turkey offers a compelling case for anyone planning to invest abroad. This comprehensive...
How to Open a Company in Turkey as a Foreigner . Turkey, bridging Europe and Asia, offers remarkable opportunities for international entrepreneurs looking to expand their businesses. With a favorable investment climate, strategic geographic location, and a dynamic economy, Turkey attracts thousands of foreign investors each year. But how can a foreigner open a company...
Setting up a business in Turkey involves a number of legal requirements and procedures. Here are the basic steps involved in the process: Determine the type of business entity: The first step in setting up a business in Turkey is to determine the type of business entity you want to set up. The most common...
1.1. The Joint Stock Company (JSC) The Joint Stock Company is the most prevalent company type for big-sized investments. JSCs usually operate in regulated sectors such as banking, insurance, financial services and energy, as well as certain other sectors that require a higher amount of capital. Minimum one shareholder and minimum 250.000 TRY Capital are...
LIABILITY OF THE BOARD MEMBERS IN JOINT-STOCK COMPANIES In joint-stock companies, the authority for management and representation is, as a rule, vested in the board of directors. According to the Turkish Commercial Code, management authority and representation authority are distinct concepts, and each can be separately delegated to third parties who are not members of...
The Income Tax Law defines taxpayers as real persons who are taxed on the income they earn in Turkey and abroad. Article 8 of the Tax Procedure Law is regulated as “A taxpayer is a natural or legal person who owes tax debts according to the tax Laws.” As discerned from these two definitions, it...
Tax Procedural Law regulates ways of implementation and use of rights, responsibilities and tasks arising from tax relations as well as accrual and assessment principles. This law comprises the procedures and main rules of all tax laws. The law covers general taxes, duties and fees imposed at a nationwide level as well as taxes, duties...
Turkish personal data protection legislation foresees certain obligations for the real and legal persons engaged in data processing activities in Turkey. It should be noted at the outset that this legislation is also applicable to foreign companies operating in Turkey, as well as their branches. One of the most important obligations of the companies in...
