Introduction The pharmaceutical industry plays a crucial role in Turkey’s healthcare sector, attracting both local and foreign investments. However, Turkey’s drug pricing policies, shaped by public health objectives, budget constraints, and foreign exchange fluctuations, present significant challenges for foreign pharmaceutical companies. This article examines the legal framework governing drug pricing, the impact of these policies […]
Introduction Turkey presents a favorable environment for foreign investors with its strategic location and market potential. However, establishing a business and maintaining tax compliance in Turkey involves navigating legal procedures regulated under the Turkish Commercial Code (Law No. 6102), Foreign Direct Investment Law (Law No. 4875), and various tax regulations. This article examines the legal […]
Introduction Turkey’s regulatory framework governing the operations of foreign media organizations reflects a balance between press freedom and national security concerns. As Turkey is home to a wide range of international media outlets, foreign media companies must navigate legal restrictions, registration requirements, and content regulations enforced by national authorities. This article explores the conditions, legal […]
Introduction The ability of foreign nationals to establish and participate in associations and foundations is a significant aspect of civil society participation in Turkey. Turkish law offers a structured framework for non-governmental organizations (NGOs), including associations (dernek) and foundations (vakıf). However, foreigners must comply with specific legal requirements to operate within this framework. This article […]
Introduction Turkey’s rapidly growing e-commerce sector offers ample opportunities for both domestic and foreign entrepreneurs. However, foreign businesses engaging in e-commerce activities must comply with specific tax obligations and legal frameworks. Turkey’s E-Commerce Law (Law No. 6563), Tax Procedure Law (Law No. 213), and Value Added Tax (VAT) Law (Law No. 3065) establish the legal […]
Introduction Turkey’s strategic location, bridging Europe and Asia, makes it an attractive destination for foreign companies seeking market access and investment opportunities. However, to operate legally in Turkey, foreign businesses must comply with specific legal and registration procedures under the Turkish Commercial Code (Law No. 6102) and the Trade Registry Regulations. This article explores the […]
Introduction Turkey offers diverse investment opportunities through stocks, bonds, and mutual funds, attracting foreign investors seeking exposure to emerging markets. However, foreign nationals wishing to invest in Turkish financial markets must comply with specific legal requirements governed by the Turkish Capital Markets Law (Law No. 6362) and regulations by the Capital Markets Board (CMB). This […]
Introduction Turkey offers various residence permits to foreigners for tourism, work, education, and family reunification. However, compliance with the terms and conditions of these permits is crucial to maintain legal status in the country. Violations of residence permits can lead to significant legal consequences, including fines, deportation orders, and entry bans. This article examines the […]
Introduction The ability of foreigners to open and maintain bank accounts is essential for promoting investment and economic participation in Turkey. The Turkish Banking Law (Law No. 5411) and other relevant regulations govern how foreign nationals can access banking services. While Turkey has established a supportive legal framework for foreigners to open accounts, some regulatory […]
Introduction The acquisition of immovable property by foreigners in Turkey is subject to a set of legal restrictions and regulatory processes designed to balance national interests with the promotion of foreign investment. While Turkey encourages foreign ownership to stimulate the economy, legal frameworks aim to control land use, protect national security, and regulate ownership in […]