2024 Regulatory Changes on Work Permit. As global mobility rebounds and international investors look beyond their borders, Turkey stands out as both a historic crossroads and a burgeoning center for business. Recent legislative adjustments—especially the 2024 Regulatory Changes on Work Permit—have reshaped the legal landscape for foreign professionals. This comprehensive guide unpacks those changes, outlines the requirements for legally staying in Turkey, highlights why securing a work permit matters, and explores opportunities for doing...

Property Management in Turkey. Turkey has long been recognized as a bridge between Europe and Asia, offering a dynamic economy, strategic location, and diverse investment opportunities. Among its many sectors, real estate stands out as a critical component of business activity, both for local entrepreneurs and foreign investors. Is Turkey good for business? Economic Growth and Market Size Turkey is the 19th largest economy in the world by nominal GDP and the 11th largest in Europe, with a GDP exceeding USD 900 billion in recent years....

2024 Case Analysis of Enforcement of Foreign Arbitral Awards in Turkey. In the dynamic world of international commerce, the enforcement of foreign arbitral awards and the establishment of a local presence are critical considerations for businesses looking to expand into new jurisdictions. Turkey, with its strategic location between Europe and Asia, sophisticated legal framework, and commitment to international arbitration treaties, has become a focal point for dispute resolution and market entry strategies. This SEO-optimized,...

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...