13/1 article of the Value Added Tax Law No. 3065. clause (I) in clause provided is written in the law in Turkey, the non-resident Turkish citizens and foreign real persons in Turkey and legal entities that is not centered in Turkey and who do not profit in Turkey, non-business purchases to be applied in housing...
Category: Foreign Investment Law
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. In this bulletin, we will convey the most frequently asked questions about the subject such as the conditions required for...
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 immovable property from Turkey. However, if the foreigner wants to buy real estate in Turkey, he/she is still subject to some special restrictions. Within the framework of these...
Founding a Limited Company in Turkey: Questions About the Required Documents and Foundation Procedures
One of the most preferred company types in Turkish law is limited liability companies. More limited liability company types are recommended especially for medium-sized enterprises. Limited companies offer advantages to their partners in various aspects. Since they are a capital company, they present an institutional structure. A limited liability company partner is in danger of...
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 be in Turkey for more than 90 days must obtain a residence permit. Different types of residence permits are regulated in Turkish law according to...
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...
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, starting a business, diplomatic asylum, traveling and many more. A foreigner who wants to stay in Turkey for more than 90 days is required to have a residence permit....
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...
OBTAINING WORK PERMIT FOR FOREIGNERS BY FOUNDING A COMPANY IN TURKEY OR BEING A PARTNER IN A TURKISH COMPANY
One alternative for a foreign investor who wants to invest in Turkey is to create a new company in Turkey according to Turkish law. If the investor thinks that re-establishing a company is not advantageous for him/her, he/she may choose to become a partner in the company by purchasing the shares of a Turkish...
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...
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