Law on Foreign Direct Investments (DYY) in Turkey is based on equal treatment principle and enables the international investors to have the same rights and liabilities with the domestic investors.
Requirements for establishing company and transfer shares are the same with the ones applied for domestic investors. Accordingly, international investors can establish all kinds of companies specified in Turkish Commercial Code (TTK). TTK provides a corporate management approach meeting the international standards, encouraging the private equity and public offering activities, ensuring transparency in operational activities and harmonizing the business environment in Turkey with the EU legislation and EU participation process.
Turkey had adopted the ease of carrying out business with the reform of improving the investment environment and therefore, the bureaucracy in company institutions has been eliminated and costs and procedures are decreased to minimum level. Accordingly, the company institutions can be realized within Trade Registry Offices only operating in Chambers of Commerce and designed as “single-destination office” and completed in the same day.
Law on Foreign Direct Investments (DYY) in Turkey is based on equal treatment principle and enables the international investors to have the same rights and liabilities with the domestic investors.
Requirements for establishing company and transfer shares are the same with the ones applied for domestic investors. Accordingly, international investors can establish all kinds of companies specified in Turkish Commercial Code (TTK). TTK provides a corporate management approach meeting the international standards, encouraging the private equity and public offering activities, ensuring transparency in operational activities and harmonizing the business environment in Turkey with the EU legislation and EU participation process.
Turkey had adopted the ease of carrying out business with the reform of improving the investment environment and therefore, the bureaucracy in company institutions has been eliminated and costs and procedures are decreased to minimum level. Accordingly, the company institutions can be realized within Trade Registry Offices only operating in Chambers of Commerce and designed as “single-destination office” and completed in the same day.
Setting Up Business in Kars