How To Startup in Turkey

http://turkeyimmigration.com/
 Introduction to Turkey Immigration

Turkey Immigration is a consulting company.

They know about all the difficulties faced by foreign clients
during Startup business in Turkey, immigration, bureaucracy,
language, the complexity of company registration and
starting a business in Turkey.
Turkey Immigration provides full support to their clients by
updating them through legal process.
 Startup Turkey
According to Turkish law, foreign companies can register in
Turkey in the following 3 ways:

Company formation in Turkey

Branch office in Turkey
Liaison office in Turkey
 Reasons For Investors To Start
Business in Turkey
Following are the main reasons for doing business in Turkey:

Turkish economy is considered as beneficial economy for

Turkish Business, by increasing the GDP from 231 billion $ in
2002 to 831 billion $ which means Turkish GDP get more than 3
times.
Turkish economy is known as sustainable economic
enlargement according to last decade of Turkish average yearly
GDP growth of 5%.
 Reasons For Investors To Start
Business in Turkey

It is considered as the fastest progressing economy among the

OECD country members since 2012 until 2017 by holding an
average GDP growth rate of 5.2%.
It is considered as a 15th huge economy in the world.
 Tax System in Turkey
Turkish tax system is being
categorized in the following main
different areas:

Income Tax
Tax on Wealth Turkey
Withholding tax in Turkey
Tax incentives in Turkey
Value added tax (VAT)
 Income Tax
The tax system in Turkey is progressive. In
other words, the higher you earned, the
more you will have to pay as tax. In 2016,
the standard rate of Turkey corporate
tax is 20%.

An individual in Turkey is liable for

tax on his income as an employee
And on income as a self-employed person.
 Income Tax

In the case of an individual who

have Turkish residence permit,
the tax will be calculated on his
income earned in Turkey and
overseas. A foreign resident who is
employed in Turkey pays tax only
on his income in Turkey not in any
other country.
 Turkey Tax on Wealth

Following type of taxes on

wealth are taking into
consideration:

Inheritance and gift taxes

Property taxes
Motor vehicle tax
 Withholding Tax in Turkey

These taxes are paid by companies and

they must declare them through their
withholding tax returns i.e.

Dividends
Interest
Royalties And Fees
 Incentives Taxes in Turkey
Following development zones are
prioritized about taxes in Turkey:
Technology development zones
Organized industrial zones
Free zones
Research and development
Private educational corporations
Cultural investments and enterprises
Loan allocation
 Value Added Tax (VAT)

The Turkish Tax System levies value added tax on the

supply and the importation of goods and services.

Liability for VAT arises when a person performs

commercial, industrial, agricultural or independent
professional activities within Turkey or when goods
are imported into Turkey.
 Real Estate in Turkey
The following are the
main reasons for investing
in Turkey real estate:

Turkey has 15th largest

economy in the world
with the goal of being
among top 10 global
economies by 2050.
 Real Estate in Turkey
It is an attractive foreign investment destination.
The Turkish economy has been vigorously growing with an
annual average growth rate of more than 5% over the past
decade.
It is expected to grow with an annual average rate of 5.2%
between 2013 and 2017 according to a recent report by OECD.
The rapid increase in sale and rent prices in recent years
attracts the attention of investors as well.
 Turkish Law for foreign Investors
Buying process of property in Turkey in accordance with
Turkish law, the condition of reciprocity for foreigners who wish
to buy property in Turkey is abolished.
It is important to clarify whether there is reciprocity between
Turkey and the persons (who want to buy property in Turkey)
country. In this respect, if the foreigner provides the copy of his
passport, this issue will be clarified.
 Why Choose US ?
Are you interested in
buying property or starting
a business in Turkey?

If yes, then Turkey

Immigration is here to help
you. We provides you the
complete legal support that
you need for startup in Turkey
at the reasonable prices.
 Contact Us
Turkey Immigration:-

Polat Tower, Fulya Mah. Yeilimen Sk.

No:12/42 34394 ili Istanbul/Turkey

0090 507 799 44 66

property@turkeyimmigration.com

http://turkeyimmigration.com/