All posts by: M.Emin Bilgener

by in Turkish Economy and Business Life

Important Days Celebrated in Turkey (Important Days and Holidays for Turkish People)

There are many days that Turkish citizens celebrate during the year that have a special meaning. It is possible to divide these days into religious holidays and national holidays. Religious holidays are generally special days included in the Islamic religion and are celebrated in Turkey like every Muslim country. These are Eid al-Adha and Eid […]

by in Business Law

OECD Releases Latest Edition of the Transfer Pricing Guidelines for Turkey

The OECD releases the 2022 edition of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations on 20 January 2022.  The OECD Guidelines for Multinational Enterprises are recommendations addressed by governments to multinational enterprises operating in or from adhering countries. They provide non-binding principles and standards for responsible business conduct in a global context consistent […]

by in Turkish Economy and Business Life

How to Get a Turkish Passport

Types of Turkish Passport The Turkish Passport is the 39th most powerful passport in the world among 199 countries, and 18th most powerful passport in Europe. Turkish citizens can travel to 115 countries without a visa, to 83 countries with a visa that can be obtained at the airport, and to 7 countries with an […]

by in Turkish Economy and Business Life

New Announcement on Supporting Currency Protected Deposit Accounts

The Law No. 7352 on the Amendment on Tax Procedure Law and Corporate Income Tax Law has been approved by the Grand National Assembly of Turkey. Within the scope of supporting Currency Protected Deposit accounts, the income of corporations to be obtained from these accounts is exempted from corporate income tax. With the amendment, if […]

by in Turkish Economy and Business Life

How to Obtain Residence Permit in Turkey

Advantages of Obtaining Residence Permit in Turkey There are many advantages for foreign nationals who will obtain or want to obtain a residence permit in Turkey. Some of these advantages can be named as investing in a secure future, having a good education life, having quality job opportunities, and benefiting from advanced health care. How […]

by in Turkish Economy and Business Life

2022 Minimum Wage Amount is Announced

Minimum wage amount for 2022 announced by the president is effective as of 1st of January 2022. According to the statement released by the Ministry of Labor and Social Security, gross minimum wage for 2022 has been set as 5.004,00 TRY and net minimum wage has ben set as 4.253,40 TRY. Minimum wage amount is increased by 50% […]

by in Investment Incentives, Turkish Economy and Business Life

Best Locations to Invest in Turkey

Turkey is a country where investments are increasing day by day with a developing economy and a qualified workforce. Turkey, which connects Asia and Europe, has many important transportation points that attract the attention of foreign investors. There are investment incentives offered to foreign investors in many sectors such as real estate, agriculture, energy, telecommunications, […]

by in Turkish Tourism

Turkey’s Tourism Income Skyrockets by 182% in July-September

According to TurkStat’s (Turkish Statistical Institute) data, Turkey’s tourism income shot up by 181.8% year-on-year in the 3rd quarter of 2021.  Following a significant fall last year due to the coronavirus pandemic, the country earned $11.4 billion this July-September, up from $4 billion in the same period last year when the pandemic led to a […]

by in Investment Incentives, Turkish Economy and Business Life

Top Sectors to Invest in Turkey

Turkey attracts investors from many different nationalities all around the world. The biggest reason for this is the positive discriminatory features that it has. These features are a highly skilled workforce, its geopolitical position, its ability to accommodate people of many different nationalities, and its developing economy. Turkey also provides many investment incentive support to […]


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