Many foreign businesspeople assume that sending goods to Turkey “informally” – without declaring them to customs or paying import duties – is simply a tax risk. Under Turkish law, however, this behaviour can constitute smuggling, a serious criminal offence with prison sentences, heavy fines and confiscation of goods and vehicles. This short guide explains, in […]
Google Ads and the Use of Competitor Trademarks: Practice in Turkey and Risks for Foreign Companies Google Ads and keyword advertising are now standard tools for entering the Turkish market. Yet using a competitor’s registered trademark as a keyword or in ad text is not just aggressive marketing; under Turkish law it can amount to […]
Introduction Bank Account Suddenly Frozen After International Transfer is a distressing scenario that many foreign investors encounter when wiring significant funds to Turkey for business or property transactions. While international transfers are routine in global finance, banks in Turkey apply strict Anti-Money Laundering (AML) and Know-Your-Customer (KYC) procedures. These compliance mechanisms are designed to protect […]