Turkey offers a lot of opportunities for foreign investors with the country’s low operating costs, local manufacturers, unpenetrated markets and high consumer spending. There are also other benefits such as the right to paying no double taxation, if you are a foreign investor in Turkey you only pay taxes in Turkey…
Turkish regulatory and supervisory authorities are established to manage, supervise and oversee different types of markets and market activities in agreement with these regulations or malfunctions that may occur.
Turkey, among the fastest growing economies in the world, is one of the best places to expand your business. With its thriving economy, geopolitical position, promising growth opportunities, the hard-working business community, and a young population, the country attracts foreign investors from all over the world.
Turkish business life is not so different from the other countries around the Mediterranean. But there are some key points that are taken great importance in Turkish business life. For foreigners who want to be successful in Turkey, they need to base their relationships on trust, respect and loyalty in the business life.
Turkey’s exports last year hit an all-time high of $168.1 billion, up from about $157 billion in 2017. Thanks to the constant stimulus from the government and remarkable achievements, Turkey’s export volume increased by 7,1% while imports decreased by 4,6% in 2018.
As a developed country Turkey offers many opportunities to foreigners who are planning to invest in Turkey. The country attracts investors with its thriving economy, qualified labor force, low taxes, and young population.
Turkey is gaining more and more interest from foreigners who want to work or establish a business in the country in the last few years. Of course, like in every country, there are some difficulties due to the cultural differences foreigners may face in Turkish business life as well.
Turkey’s export volume, with significant achievements and stimulus from the government, is at its highest point for the first time in the history of the Republic of Turkey. In 2018, the country gained 168,1 billion dollars from the exports…
Foreigners who want to work in Turkey are required to get a work permit. In order to get your work permit, you are required to submit needed documents and follow certain stages within the timeframe of work permit.
If you are planning to establish a company in Turkey, you should seek for a professional advice. You may heard so many advices and tips for establishing a company in Turkey and choosing among one of them can get very confusing.
