Articles

• Double Taxation Treaties in Turkey

  Turkish companies with foreign shareholders willing to avoid the double taxation of their profits may use the provisions of the treaties signed between Turkey and the foreign parent country. Turkey has a vast network of treaties of double tax avoidance treaties.So far, Turkey has signed double tax t ...

• Employment of foreign citizens in Turkey

  Foreign investors who choose to open a company in Turkey may need to hire, besides the local professionals, foreign citizens, so they should know the main formalities related to these procedure. Every foreign citizen needs a work permit in order to be allowed to work in Turkey. This permit can be ob ...

• How to obtain a work permit in Turkey

  Foreign investors who want to start a company in Turkey and have the plans to work in Turkey, must obtain a work permit. It is not necessary to come to Turkey in order to submit the documents for the work permit. People who live outside Turkey can go to the Turkish consulate in their country an ...

• Dismissal of employees in Turkey

  Foreign entrepreneurs who hired employees for their companies in Turkey must respect the local Labour Law (Law 4857), that came into force in 10 June 2003, when they need to dismiss a part of them. The Turkish legislation related to firing the employees is in accordance with the European legislation ...

• Verification of a Turkish company

  A verification of a Turkish company is necessary for a foreign entrepreneur when he needs to buy a shelf company in this country or he wants to conclude an important contract with a business partner. A businessman from abroad may contact me to order to make this verification. The interest in ...

• The new Commercial Code in Turkey

  The New Turkish Commercial Code (TCC), No 6102 has come into effect as of 1 July 2012 and it brought major changes related to companies’ structure.   Amendments (Law 6335) made to the TCC were published  in the Official Gazette on 30th of June 2012 and became effective on the 1st ...

• Income Tax in Turkey

  Turkey has a tax system that is like to other European taxation systems.But in contrast to other countries from Europe, Turkey has very competitive taxes. Foreign entrepreneurs should know the rates of taxes that could bring them a lot of business opportunities, if they choose Turkey to invest ...

• Power of Attorney in Turkey

  Power of attorney in Turkey Whenever you need to close a deal in Turkey, but you can’t go in person there, you can give the power of attorney to a person you trust and who can go there and represent you. The legal procedure for power of attorney is very simple and you can proceed it in you ...

• Company registration in Turkey

  What are the types of legal entities I can register in Turkey? The basic features of the legal entities have recently changed when the Turkish New Commercial Code was ratified. Even though the forms of business remained unchanged, their characteristics may vary from the previous ones. Th ...