Turkey

Turkey is a country of great opportunities for those who plan to register a company here. It is worth noting that the policy of purposeful attraction of foreign investment and the promotion of foreign capital operating in Turkey is expressed, among other things, in the fact that the procedure for registering companies with foreign participation or wholly owned by foreign shareholders is simplified from year to year.

It is worth noting the advantages of Turkey in terms of attracting foreign investment. In addition to the excellent natural conditions, Turkey has all the data to become a popular country for serious investment. This favorable economic climate, accession to the European Union by 2010, cheap labor, and, so far, the cheapest real estate on the Mediterranean coast - make Turkey attractive for investors of various categories.

In Turkey You will be able to register two types of companies that are open for foreign capital participation: joint stock companies and limited liability companies. The form of joint-stock companies is more often used in the implementation of large projects or for the creation of large companies in the manufacturing sector, where significant capital investments are required. such companies can easily attract a large number of shareholders, as well as bank loans.

As for limited liability companies, they also have their advantages. The relative simplicity of their registration, the permissible minimum number of partners, low administrative costs, freedom in reorienting the field of activity make them optimal in trade and services.

When registering a joint-stock company, if participation is expected in it foreign capital, permission of the General Directorate for Foreign Investment of the Secretariat for Treasury of the Office of the Prime Minister of the Republic of Turkey is required.

The department has a sectoral structure, i.e. each of its four departments deals with the review, assessment and implementation of investment projects in specific sectors of the Turkish economy. This must be taken into account when applying for company registration.