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Buying a Business in Turkey ...
What You Need to Know
There has never been a better time for doing business in Turkey. In 2003 the Foreign Direct Investment Law gave foreign investors the same rights and protection as Turkish nationals. This new law together with confidence in the growing economy has led to a substantial rise in foreign investment in Turkey by international companies. Behind them has come a wave of smaller investors wanting to enjoy the same benefits and business opportunities. Starting a business in Turkey does not need to be time consuming or costly. Again, it really comes down to who you know and the support you receive.
It is often the case that a foreign led small business in Turkey began life informally. Somebody had an idea, they began to test it out, it started to go well, and a new business began to take shape. Such an approach makes good business sense. However, informal in Turkey means illegal. If you are planning a future for your business in Turkey it is best to start the legal process as soon as possible. Everybody who wants to do business must have a company. The main company types in Turkey are Private Limited, Joint Stock Companies, Commandite and Collective Companies. Foreign businesses can also open a Liaison Office or a Branch in Turkey.
Whatever your requirement we can help you to get your business started or relocated in Turkey. A Limited Company can be organized in three working days. Turkey is open for business and welcomes new ideas and creative ventures.
For an overview of companies in Turkey visit the Turkish British Chamber of Commerce and Industry.
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