ERDEM UGUR

Foreign Direct Investment Supported

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Foreign Direct Investment Supported
ERDEM UĞUR

Foreign Direct Investment Supported

Foreign direct investment, investors of the company by establishing branches in Turkey or abroad or are the investments that have been made for production in partnership with an existing company. Indirect investments such as portfolio investments by purchasing stocks or bonds are not considered in this context. So, who wants to make long-term and lasting investment in Turkey, business and foreign exchange risk in Turkey who would be able to benefit equally from the opportunities provided to domestic investors.

 

Which Types of Companies Can Be Established?

In Turkey, anonymous and company types in the institutional structure as may be established as a limited company, sole proprietorship company in non-institutional structures, such as ordinary companies can be established. Although individual companies are advantageous because they are easy to set up, do not have capital, and have low accounting costs, limited and joint stock companies are preferred in practice.

In the establishment, first of all, the title of the company, the center, who the manager / representative will be, the capital and shares should be determined. Subsequently, the notarized company documents (such as the articles of association) must be registered in the central registry system and the relevant documents must be submitted to the trade registry directorate. The documents held outside of Turkey received apostille commentary, it must be approved by the consulates or notaries. For non-Turkish company partners, a potential tax number must be obtained from the relevant tax authority. Apart from these, ¼ of the main capital of the company and the share of the competition institution must be invested in the bank. The Company will acquire legal personality after the registration by the trade registry directorate. Subsequently, transactions such as issuing signature circulars to the manager or representative, book certifications, and obtaining tax plates may be carried out. It may also be necessary to obtain work permits for foreign partners.

Foreign companies may operate in establishing branches and representative offices in Turkey. Branches, whose purpose and duration can be established with the parent company, do not have capital obligation in the establishment of the branches, but they are required to register with the Trade Registry Office just like the companies. do market research and feasibility study in Turkey