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Business Law, Turkish Economy and Business Life

How to Start a Small Business in Turkey

May 21, 2021 Comments Off on How to Start a Small Business in Turkey

Regulations regarding the business setup process in a foreign country may differ from your own country, and whether starting a small or big business, it is not an easy process. Before this process, researching the business environment in which you want to set up a company should be the first step. As a foreign business […]

Turkish Economy and Business Life

Trendyol Becomes Turkey’s Most Valuable Company with New Investment from Alibaba

May 6, 2021 Comments Off on Trendyol Becomes Turkey’s Most Valuable Company with New Investment from Alibaba

One of Turkey’s leading e-commerce company Trendyol received a new investment of $350 million from its partner company Alibaba. With this new investment, Trendyol increases its valuation to $9.35 billion and becomes the most valuable company in Turkey. With 86.50% of the company’s shares, Alibaba is the largest shareholder of Trendyol, which sold 347 million […]

Turkish Economy and Business Life

How to Open a Bank Account in Turkey

April 16, 2021 Comments Off on How to Open a Bank Account in Turkey

Foreigners who work or reside or want to start a business in Turkey need to open a bank account to carry out their financial processes. Whether living in Turkey or any other country, anyone can open a bank account in Turkish banks. Although the bank account opening process may differ from one Turkish bank to […]

Turkish Economy and Business Life

Chinese Tech Company Xiaomi Opens Factory in Turkey

April 9, 2021 Comments Off on Chinese Tech Company Xiaomi Opens Factory in Turkey

Chinese technology company Xiaomi opened a production factory in Istanbul on March 29, 2021, with supply giant Salcomp. According to Anatolian Agency, Xiaomi’s production factory established on a 14,000-square-meter (around 150,700-square-feet) area will employ 2,000 people with the promise of producing five million smartphones per year. Turkey is the fourth country in the world where […]

Turkish Economy and Business Life

4 Tips for Establishing a Company in Turkey

January 3, 2019 Comments Off on 4 Tips for Establishing a Company in Turkey

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.

Turkish Economy and Business Life

3 Steps Before Start a Business in Turkey

January 1, 2019 Comments Off on 3 Steps Before Start a Business in Turkey

Doing a business in abroad always been hard for business owners. However, just because something is difficult, it does not mean you should not go after opportunities. If you are planning to do a business in Turkey we strongly suggest to follow these steps.

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