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Establishing a Company

01.01.2023

Turkey offers a very suitable environment for foreign investors. Especially for the Gulf region and other Arabic speaking countries, Turkey's proximity to the European Union (EU) and bilateral trade relations with EU countries are of great importance. In addition, Turkey's Customs Union agreement with the EU provides duty-free access to one of the world's largest and richest markets. When the reasonable exchange rate, affordable labor cost and well-educated population are taken into account, any investment in Turkey will be very profitable thanks to the ease of export to the EU.
 

The first thing to know about starting a business in Turkey is the principle of equality in establishing a business and transferring shares in the Turkish Commercial Code. In other words, regardless of the nationality of the investor, they will be treated equally by the Turkish authorities.
 

Also, starting a business in Turkey is a very fast process. According to OECD figures, it takes only 7 days to start a business in Turkey. At the same time, Turkey ranks 33rd in the world's ease of doing business list.
 

It would be useful to take a look at the structure of companies operating in Turkey before taking the necessary steps to start a business. Thanks to this information, you can choose and establish the company in the structure you want according to your field of activity.

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