Establishing a Business in Turkey
Overview Foreign investors should review and concern the related provisions of Turkish “Foreign Direct Investment Law” (Dated: June 17, 2003, No.4875). According to Foreign Direct Investment Law (FDI) Art. 3: “Unless stipulated by international agreements and other special laws: 1. Foreign investors are free to make foreign direct investments in Turkey, 2. Foreign investors shall be subject to equal treatment with domestic investors.” (See Full Text here) Law is based on the principle of equal treatment, allowing international investors to have the same rights and liabilities as local investors. Same conditions which applied to national investors for setting up a business are the same with those applied to foreign investors. Which means that there is no distinction between local and...
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