Foreign investors who decide to open a company in Turkey can rely on the expertise and assistance of our law firm in Turkey. Our legal experts specialize in a wide range of legal areas, including commercial and business law, civil law and criminal law issues. We can help you and your business with personalized services and our experts can facilitate your relation with the Turkish authorities. If you want to purchase a property in Turkey or start the preliminary stages of company formation but cannot be present in the country our experts can perform the necessary legal actions in your name with the help of a power of attorney. Our lawyers in Turkey offer a wide range of services to local and foreign investors interested in doing business, working or moving here.
Below, we present you some of the many legal services we can help you with in Turkey. Do not hesitate to get in touch with us no matter the legal service you need.
Services offered by our law firm in Turkey
Our law firm in Turkey offers a wide variety of legal services for international investors:
- incorporation of Turkish firms
Our lawyers in Turkey assist foreign entrepreneurs with the incorporation of companies in Turkish major cities, such as Istanbul, Ankara, Antalya, Izmir etc. We help you register a Turkish limited liability company, a Turkish joint stock company and other types of companies, according to the Turkish law. Besides these legal services, we offer company domiciliation, accounting services etc. for your business in Turkey.
In order to run certain activities in Turkey, you will need special permits and licenses. You don’t have personally go to the Turkish authorities to submit all the documents required for obtaining the permits. Our Turkish lawyers will represent you in front of Turkish authorities and they will help you with the authorizations.
If you have problems related to commercial litigation, our Turkish lawyers will represent you in front of Turkish courts, in all the stages of a litigation.
- tax compliance and tax planning
Our specialists in local taxation will provide valuable information related to the minimization of the taxes you will pay for your business in Turkey and they will help you plan your future budget according to your company’s needs. For all other types of legal services, you may contact our attorneys in Turkey who can also help you with theVAT registration.
Legal services related to starting a business remotely in Turkey
One of the main reasons foreign investors come to Turkey is to start a business here. The procedure of registering a company usually implies the completion of various steps. With the help of our legal services in Turkey, some of these steps can be completed remotely. Among these, we mention the following:
the preparation of the incorporation documents (Memorandum and Articles of Association);
filing the incorporation papers with the Turkish Companies Register and tax registration;
registering the company with the tax authorities and other institutions in the city it will operate;
obtaining various licenses related to the activity/activities to be completed by the company.
All these steps can be completed with a power of attorney issued for one of our Turkish lawyers. Another important step in starting a business in Turkey is the opening of the corporate bank account and depositing the share capital. For this procedure, the investor should travel to Turkey in order to have a meeting with a bank representative. If you need legal services related to starting a company in Turkey, our law firm is at your disposal for you to set up your own business as soon as possible.
Immigration to Turkey involves a series of formalities that can be explained in detail by our lawyers with experience in this field. The process starts with applying for the desired visa, depending on the country you come from. Tourism, business, family, or study visa is among those required to enter Turkey. An appointment with the Turkish General Directorate for Migration is required, when the documents are prepared in order to obtain a temporary residence permit for Turkey.
Legal services for buying or selling real estate in Turkey
Most of the times, buying or selling a property in Turkey requires the help of a lawyer especially when it comes to the preparation of the documents needed to complete the transaction. However, the services of our law firm in Turkey are often contracted for real estate due diligence by those interested in first knowing if there is anything wrong with a property they want to purchase. Real estate due diligence should be the first aspect to consider when deciding to buy real estate in Turkey, a case in which our legal services can be of much help. If there is nothing wrong with the property, the buyer can move ahead with the purchase. Foreign citizens or representatives of companies abroad must know that in Turkey a pre-sale agreement and an advance can secure the purchase of a property. Once the sale-purchase agreement is ready, the remaining amount of money must be transferred to the seller’s bank account.
We can help foreign buyers purchase their dream homes in Turkey. Our Turkish law firm will first verify the property for any legal irregularities with the Land Register, followed by the preparation of the documents for completing the purchase. All we need is a power of attorney to represent you through these procedures. For complete information on the legal services we can offer in Turkey, we invite you to reach out to our law firm. You can also watch our video presentation:
Legal services in Civil Law matters in Turkey
The Turkish Civil Code is quite extensive and comprises provisions on Family Law and the Contract Law. Handling issues related to any of these topics can be hard not only for foreign citizens living in Turkey, but for nationals too. This is why they can request the legal services of our lawyers in Turkey no matter the civil case they need help with. We can offer legal assistance in various Family Law matters, among which some of the most difficult are related to divorce, child custody, support and maintenance. The division of assets can also be difficult in a divorce case in Turkey. When it comes to contracts, our legal services are available for both companies and individuals finding themselves in the impossibility of resolving such problems.
Doing business in Turkey
Turkey has an important advantage for all foreign investors who want to base their business here: it is located at the crossroads between two important markets: Europe and Asia. The country continues to act as a bridge between continents and much of its economy is based precisely on this attractive location.Turkey has entered into a customs union with the European Union and its trade relations with the EU have expanded over the years. A number of new business and commercial regulations implemented in 2012 aimed at encouraging foreign investments and making the country more attractive for foreign entrepreneurs. Travel, tourism, textiles, and retail are just some of the most attractive industries in Turkey and one of the key recipients of foreign direct investments.
Why choose our legal services in Turkey?
With many years of experience, our team can offer a wide range of legal services in Turkey. You can rely on us if you need fast and reliable legal services for yourself or your company in Turkey. We can also offer representation before the authorities in Turkey. With the help of our law firm in Turkey, any problem will have a solution. If you are interested in starting a business in Turkey, you should know the following:
in 2018, Turkey’s Gross Domestic Product (GDP) was 766.51 billion USD;
the value of the Turkish GDP represented 1.24% of the world’s economy;
2019 is expected to bring an increase of 1% to the Turkish economy;
in 2020, the country’s GDP is forecast to register a 3% growth.
Cagatay Altunsoy is the the co-founder and coordinator of CS Yonetim ve Destek Hizmetleri and he is an experienced specialist in company formation and business consulting services provided for foreign investors all over the world.