Article

How to Unblock the Bank Account by MASAK?

The Financial Crimes Investigation Board (MASAK) is an organization affiliated to the Ministry of Treasury and Finance, which operates to prevent laundering proceeds of crime and financing terrorism. In this context, it has undertaken various tasks in order to reveal and prevent risks to economic security. The Board has different functions such as collecting data on money laundering and financing of terrorism, developing strategies, conducting investigations, and producing intelligence.

Article

VAT Exemption Granted to Investors in Housing and Workplace Purchases

3065/13 of the Value Added Tax Law No. 1. In subparagraph (i) of the article, a VAT exemption is foreseen to be applied in the purchases of residences and workplaces of Turkish citizens and foreign national real persons who are not resident in Turkey, and legal entities that do not have their headquarters in Turkey and do not earn income in Turkey. . The regulation aiming to encourage foreign exchange inflow to the country, the regulation in the legislation...

Article

General Conditions for Foreigners to Work in Turkey and Obtaining Work Permit

Foreigners have the right to work in Turkey within the framework of international law.[1] Benefiting from the fundamental rights in the Turkish Constitution by foreigners is subject to certain restrictions in accordance with international law and laws. In this bulletin, the necessary conditions for foreigners to benefit from the right to work in Turkey, the procedure to be followed, the necessary applications and documents, the foreigners who need to obtain a work permit and those who do not...

Article

Investment Guide For Foreign Investors In Turkey

Turkey has been a good alternative for investors in recent years with its geographical, economic and demographic structure. Current economic policies are shaped around the promotion and support of foreign investment. In this context, many innovations have been made in the foreign investment legislation that make investment attractive in Turkey and make the investor's job easier. Thanks to the economic and legal revision, foreign investors do not have to come to Turkey personally.

Article

A Guide for Foreign Investors Wishing to Buy Real Estate from Turkey

Foreign real or legal persons can purchase real estate from Turkey. In fact, many restrictions regarding this have been removed, making it easier for foreigners to purchase real estate from Turkey. However, if the foreigner wants to buy real estate in Turkey, he is still subject to some special restrictions. Within the framework of these limitations, the foreigner must fully fulfill the necessary legal procedure in order to purchase real estate. This...

Article

RESIDENCE PERMIT FOR FOREIGNERS

6 different types of residence permits are regulated in Turkish law for foreigners who want to stay in Turkey for various purposes such as working, studying, establishing a business, diplomatic asylum, traveling and many more. A residence permit is required for the foreigner who wishes to stay in Turkey for more than 90 days. Likewise, after the visa or visa exemption period of the foreigner who is not a Turkish citizen...

Article

"OBTAINING WORK PERMIT FOR FOREIGNERS BY FOUNDING A COMPANY IN TURKEY OR BEING A PARTNER IN A TURKISH COMPANY"

One of the alternatives for foreign investors who want to invest in Turkey is to establish a new company in Turkey according to Turkish law. If the investor thinks that re-establishing a company is not advantageous for him, he may choose to become a partner in the company by purchasing the shares of a Turkish company already established in Turkey. In fact, in many cases, it is recommended to investors due to its advantages and conveniences.

Article

Employee And Employer Work Permits In Foreign Direct Investments

The most basic requirement that foreign companies and individuals who want to invest in Turkey will need is an employee and employer work permit. This permission has been discussed in detail in our legal system, and separate conditions are stipulated for the company and the employees. It would be more accurate to include some explanations so that we can explain the subject in an understandable way within the scope of Turkish law. An investor of which the investor is not a citizen for commercial purposes...

Article

Short Term Residence Permit

A foreigner who wishes to stay in Turkey for a longer period than the visa or visa exemption grants him/her must obtain a residence permit. Again, foreigners who want to stay in Turkey for more than 90 days are required to obtain a residence permit. Different types of residence permits are arranged in Turkish law according to the purpose of the foreigner's arrival and stay in Turkey. These residence permit types...

Article

FOREIGN COMPANY OPENING A BRANCH IN TURKEY

The foreign investor company may consider evaluating its investment by opening a branch in Turkey. Branches are established under the parent company and limited to its field of activity and duration. In order for a foreign company to open a branch in Turkey, the capital of the company must be divided into shares. Branches do not have an independent personality from the center. A minimum capital is not required to establish a branch. In this bulletin, a foreign company...

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