Turkey overview
Basic Facts
- Officially: the Republic of Turkiye
- The only country on two continents, Europe and Asia
- Presidential republic
- Turkish lira (TRY) currency
- Civil law legal system
- Double taxation agreements with more than 80 countries
- Turkish and English speaking
Reasons for doing business in Turkey
TOP 3
01
Strategic location at the crossroads of Europe and Asia02
Attractive citizenship by investment program03
Tax exemptions and tax incentives in Istanbul Financial Center (IFC)More advantages
- Headline corporate income tax (CIT) rate of 25%, but CIT rate is reduced of 5% for companies engaged in manufacturing and export activities
- Corporate losses may be carried forward for five years
- Thin capitalisation and Controlled Foreign Company (CFC) rules apply
- Inheritance tax of 10%
- No wealth tax
Company formation in Turkey
Do you need to establish a company in Turkey? Then administer it?
Are you looking for a reliable lawyer or accountant in Turkey?
Do you want to structure your international business in a correct way?
You do not know yet what do you need in Turkey?
Well, contact us at any time, we are ready to help you to find the right answers to your questions and workable solution for your specific needs.
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