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Common pitfalls awaiting tourists and investors in Turkey Turkey is a beautiful and welcoming country, but unfortunately, like any other tourist destination, it has its share of scams. It’s important to be aware of these scams and take steps to protect yourself so you can have a safe and enjoyable trip. Some of the most […]

Payment Escrow Agreements in Turkey: Roles, Responsibilities, and Benefits An escrow agreement, also known as a “Turkey paymaster” agreement, is a legal arrangement to ensure secure and transparent transactions especially in high value transactions like real estate transactions. This agreement involves three main parties: the buyer, the seller and the escrow agent. Each party has

Benefits of Turkish Citizenship, Application Process, and Key Considerations Do you want to live, work and invest in Turkey? Citizenship by investment in turkey is your chance! Turkish citizenship gives you many benefits including visa free travel, residency and work rights, dual citizenship and more. In this post we will explain the application process, the

Important Amendments to the Turkish Commercial Code in 2024 Turkish Commercial Code Amendments: Law No. 7511 Summary Law No. 7511 on Amending Turkish Commercial Code and Certain Laws was published in the Official Gazette on 29.05.2024 and brought significant changes for business world. Here is the summary of the main updates and simplifications in commercial

Securing Turkey Venture Capital for Your New Business Key Steps Starting a new business in Turkey and attracting investors can be challenging yet rewarding. Turkey venture capital is an essential source of funding, providing vital financial resources for growth. This article will guide you on preparing to meet potential investors, crafting a compelling pitch, and

Social Security Supports: What Do They Offer Foreign Investors? What Are Social Security Supports? Social security supports encompass the rights that foreign investors in Turkey provide to their employees regarding social security. Companies investing in Turkey can integrate into the social security system, offering their employees health, retirement, and unemployment insurance rights. In addition to

Corporate Law Updates in Turkey 2024 What Changed in Turkey’s Corporate Law in 2024? The year 2024 brought significant updates to Corporate Law in Turkey. These changes introduced new rules and standards regarding the establishment, management, and oversight of companies. These updates are critical for business owners and executives. What Changes Were Made in Company

Foreign Investors’ Obligations in Turkey: The E-TUYS System Foreign investors operating in Turkey are required to report and update their investment activities through the Electronic Incentive Application and Foreign Capital Information System (E-TUYS). This system plays a critical role in maintaining the transparency and monitoring of foreign investments across the country. It is vital for

2024 Company Registration Legal Updates in Turkey  In 2024, significant legal and procedural changes have been made to company registration in Turkey. Whether you’re setting up a new business or restructuring an existing one, understanding these updates is essential for compliance. Consulting a company lawyer in Turkey can ensure you meet all legal requirements efficiently.