Introduction: Can a Foreigner Start a Startup in Turkey? Yes. Foreign entrepreneurs may generally establish and own startup companies in Turkey, and in most ordinary business sectors there is no general requirement to have a Turkish co-founder or shareholder. Turkey’s foreign direct investment framework is based on the principle of equal treatment. International investors may […]
Introduction Turkey can offer significant commercial and tax opportunities to international investors establishing a local company. Foreign entrepreneurs may generally establish Turkish limited liability companies or joint stock companies and, in ordinary sectors, may hold 100% of the shares without requiring a Turkish partner. From a tax perspective, however, establishing a company in Turkey should […]
Introduction Turkey provides foreign investors with broad opportunities to establish companies, acquire shares, purchase real estate, open branches, invest in financial instruments and conduct commercial activities. However, making an investment in Turkey may also create significant Turkish tax obligations. One of the most common mistakes made by international investors is to focus on company formation, […]
Introduction A foreign investor considering the acquisition of an existing Turkish company will often ask one fundamental question: “If I buy the company, will I become responsible for debts that arose before I became the owner?” The answer under Turkish law depends heavily on how the acquisition is structured and what type of debt is […]
Introduction Acquiring an existing company can be one of the fastest ways for a foreign investor to enter the Turkish market. Instead of establishing a new business from the beginning, recruiting employees, obtaining customers, negotiating supplier contracts and creating operational infrastructure, the investor may acquire an existing Turkish company with an established business, workforce, licences, […]
Introduction Establishing a company in Turkey with foreign shareholders can provide international investors with direct access to one of the region’s largest consumer and industrial markets. Turkey generally follows an open foreign-investment policy based on equal treatment between domestic and international investors. Foreign individuals and foreign legal entities may generally establish and own Turkish companies […]
Introduction One of the first decisions a foreign entrepreneur or international investor must make when establishing a business in Turkey is choosing the correct legal form. For most commercial investments, the choice eventually comes down to two structures: Limited Liability Company – Limited Şirket (Ltd. Şti.) or Joint Stock Company – Anonim Şirket (A.Ş.) Both […]
Introduction Foreign companies considering the Turkish market do not always need to establish a subsidiary or commercial branch immediately. For international businesses that want to research the Turkish market, coordinate relationships with distributors, monitor suppliers, provide limited technical support or establish a regional management presence without directly generating commercial revenue in Turkey, a liaison office, […]
Introduction Foreign companies planning to conduct business in Turkey do not necessarily have to establish a new Turkish subsidiary. Depending on the commercial strategy, a foreign company may instead establish and register a branch in Turkey. A Turkish branch can be an attractive structure for international companies that want to enter the Turkish market while […]
Introduction Foreign entrepreneurs entering the Turkish market are frequently offered an apparently convenient alternative to establishing a new company: purchasing a ready-made, shelf, dormant or already incorporated Turkish company. The commercial argument often sounds attractive. Instead of dealing with incorporation procedures, the investor is told that the company already has: The investor simply purchases the […]