Formation of Liaison Offices in Turkey. In an increasingly globalized economy, businesses are continually exploring new markets to expand their reach and diversify their operations. Turkey, straddling Europe and Asia, offers a compelling proposition for foreign companies seeking a strategic foothold. One popular entry mechanism is the formation of a liaison office. This article delves into the advantages and legal framework governing liaison offices in Turkey, addresses key tax instruments, clarifies who qualifies as a taxpayer under the...

Opening Branch Office In Turkey.  A branch office is an extension of a foreign parent company, operating under the same legal entity but in Turkish territory. Unlike a subsidiary, it does not have an independent legal personality. Instead, it functions as a direct representation of the parent company, making it ideal for foreign businesses that: Want to perform commercial activities without creating a completely new Turkish company structure. Need to leverage brand reputation and shared resources from the parent...