Education Education and training have long been recognized askey drivers of social and economic development. With a number of more than 3 million students from primary school to universities, Istanbul has great potential locally and internationally. Logistics Istanbul has 2 international seaports, one in European side and one in Asian side. According to Containerisation International…
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10 Reasons to Invest in Turkey
1. SUCCESSFUL ECONOMY Booming economy; more than tripling its GDP, reaching USD 720 billion in 2015, up from USD 231 billion in 2002 (TurkStat) Stable economic growth with an average annual real GDP growth rate of 4.7 percent between 2002 and 2015 (TurkStat) Promising economy with a bright future as it is expected to become…
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Establishing a Business in Turkey
Overview Turkey’s FDI Law is based on the principle of equal treatment, allowing international investors to have the same rights and liabilities as local investors. The conditions for setting up a business and share transfer are the same as those applied to local investors. International investors may establish any form of company set out in…
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Investment Zones
There are three types of special investment zones in Turkey: 1. Technology Development Zones - Technoparks Technology Development Zones (TDZ*) are areas designed to support R&D activities and attract investments in high-technology fields. There are 63 TDZs of which 50 are operational and 13 have been approved and are currently under construction. Advantages of TDZs…
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Investment Legislation
Turkey’s investment legislation is simple and complies with international standards, while it offers equal treatment for all investors. The backbone of the investment legislation is made up of the Encouragement of Investments and Employment Law No. 5084, Foreign Direct Investments Law No. 4875, the Regulation on the Implementation of the Foreign Direct Investment Law, multilateral…
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