Turkey is among the countries that foreign investors prefer. In 2003, the Foreign Investment Law was issued with a number of foreign investors and companies in Turkey. Under this law, obstacles to foreign investors were removed and many advantages were provided to investors.

What are the advantages offered to foreign investors?

Foreigners who invest can take advantage of opportunities for local investors. On the other hand, there is no incentive for foreign investors in indirect investments made by buying shares or bonds. For this reason, otherwise long-term foreign direct investment in Turkey can benefit from the facilities provided by the state. However, the profits from the activities of foreign investors in Turkey, sales, liquidation and compensation, licensing, management and similar agreements in exchange for gains that can be transferred abroad freely.
In addition to all these foreigners who want to invest in Turkey. Tax cuts, investment allocation, insurance premiums and similar government incentives.

What kind of companies can foreign investors set up?

When creating a company, the company address, headquarters, manager and capital structure must be specified. After that, the company documents documented in the central registry system must be registered and applied to the Commercial Registry Directorate. In documents prepared outside Turkey it must be approved by a notary or consulate. In addition, a tax number must be obtained for the non-Turkish company partners.
However, foreign companies may open a branch or office in Turkey. These branches have no obligations to capital in the establishment stage, but this branch must also register with the Commercial Registry Directorate.
Finally, it should be noted that foreign investors prefer to acquire ready-made companies so that they do not participate in such businesses.
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What are the taxes for foreign investors?

Corporate tax limited liability in Turkey is 20%. In addition, individuals are required to pay income tax on their profits during the year. The personal income rate is between 15% -35%.
Turkey However, the government offers tax exemptions to foreign investors in various periods.

Can foreign investors obtain Turkish citizenship?

Investing in Turkey with regulations introduced on January 12, 2017 foreigners may have the right to apply for Turkish citizenship. as such
Foreign investors may obtain Turkish citizenship if they fulfill the following conditions.
Capital investment of at least 500,000 USD,
Buy real estate for at least $ 250,000
Creating job opportunities for at least 50 people,
Foreign investors who meet any of these conditions may obtain Turkish citizenship based on the proposal of the competent ministry and the decision of the Council of Ministers