Turkey has achieved great economic success in recent years, and the Turkish government has been able to t.

How to establish a business in Turkey

Date:Thursday, January 12, 2023

Turkey has achieved great economic success in recent years, and the Turkish government has been able to t.

How to establish a business in Turkey:

Turkey has achieved great economic success in recent years, and the Turkish government has been able to make the country a destination for Arab and foreign investors to invest their money in the real estate market in Turkey and focus their attention on searching for apartments for sale in European Istanbul and villas for sale in Asian Istanbul.

After issuing the decision to grant Turkish citizenship to anyone who owns real estate worth $250,000, Arab investors flocked to buy apartments in Istanbul, and the interest of Gulf nationals was directed towards searching for the best hotel apartments in Istanbul in particular and apartments for sale in Turkey in general.

Real estate investment in Turkey is a successful and guaranteed investment that can never lose capital and provides high annual returns. However, it does not represent the only opportunity for foreign investors in Turkey, but there are many investment options in commercial projects, whether the project is small or large.

Today we highlight how to establish a business in Turkey

Establishing a business in Turkey:

The Turkish government issued a commercial law that paved the way for foreign investors to direct investment in Turkey. The Foreign Investment Law is firstly based on the principle of reciprocity, as it allows international investors to enjoy the same rights and duties as domestic investors. They can set up any type of company stipulated in the Turkish Commercial Law just like Turkish citizens

It should be noted the types of companies such as a joint-stock company, a limited liability company, a cooperative company, a partnership company, and a limited partnership company. It falls under the Turkish Commercial Law, and the foreign investor can choose what suits him.

Government actions:

In order to enhance the investment environment, the Turkish government has introduced a set of reforms and amendments to its laws to simplify the procedures for establishing a business in Turkey

The Turkish Ministry of Commerce has also established an electronic platform "Mercis" to facilitate the procedures for establishing companies in Turkey

There are other advantages in Turkey, such as the incentive system offered by the government to foreign investors and the state's commitment to double taxation agreements that ensure that the investor does not suffer from double taxation. Among the most prominent advantages is the existence of a clear legal basis for the transfer of assets and the ease of procedures for residency and work permits in Turkey .

Many Arab investors want to establish commercial projects in Turkey, and they need, during the establishment of their new business, to reside in Turkey for long periods in order to be on top of their work and follow up on the progress of work, so they need apartments for housing, in this case it is better for the investor to buy an apartment in Istanbul if he His workplace is in Istanbul, or he is looking for homes for sale in Turkey according to the city that will be the center of his business, and we advise him to choose the location of the apartment near his company's headquarters.

The best commercial areas in Istanbul:

Basin Express: Basin Express Road is one of the most attractive sites for local and foreign investors. The Basin Express area witnessed a huge urban revolution, and great interest from the Turkish government, with the turnout of foreign and local investors wishing to invest and buy apartments in Istanbul .

Maslak: Maslak is the first business and trade center in European Istanbul and is located in the city center near Taksim and Sisli, the most famous areas of Istanbul. It should be noted that both local and foreign investors prefer to buy offices and shops in Maslak.

FCC Real Estate Investment and Development Group in Turkey offers more than 200 projects in Istanbul, including apartments, offices and shops. Our projects are spread in all areas of Istanbul, as we provide commercial real estate in Istanbul and apartments in Istanbul residential. It is enough to contact the FCC team to take the first step towards your business in Turkey.

Related topics:

How do I open a bank account in Turkey?

All you need to know about buying a property in Turkey

The best types of real estate investment in Turkey

General information about Turkey



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