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Why Turkey?  



Benefits of Establishing your company in Turkey

• Turkey's unique location - it is the crossroads between Europe, the Middle East, Central Asia and North Africa

• Favorable relations with other countries

• Turkey is the 16th largest economy of the world foreign investment is highly valued as the government offers a welcoming environment as well as incentives for investors.

• The Turkish economy has grown steadily, it is recognized as one of the 10 emerging markets of the forthcoming decade

• Most industries in Turkey that are open to domestic investment are open to foreign direct investment without screening or prior approval

• There are 21 Free trade zones in Turkey which are regions which offer a more convenient business climate through certain tax exemption and various other incentives

• Has a large domestic market

• Privatization programs in fields of energy, telecommunications, infrastructure, education and health are available for foreign entrepreneurs wishing to invest in Turkey.

• The population reaches over 75 million. Over half of which are under 28 years old.

• Many incentives which businesses can take advantage of include exemptions from customs duties and fund levies, Value Added Tax exemptions for machinery and equipment purchases, interest support for small and medium enterprises

• Turkey is a member of the World Trade Organization (WTO)

• Turkey has signed several free trade agreements, including those with the European Free Trade Association (EFTA)

• Turkey has 69 ports and one of worlds largest floating docks

• Banks operate in accordance with international rules and practice

• Agreements to avoid double taxation are currently in effect with 61 countries

• Under the Foreign Investment Law, foreigners may invest in Turkey, engage in commercial activities, participate in partnerships, purchase shares, open branch offices and establish companies