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Corporate & Commercial Law in Turkey for Foreign Investors

Expert Legal Support for Business Expansion & Compliance​​​

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As specialized Turkish corporate law practitioners, we safeguard international investors through every stage from business establishment, to dispute resolution - ensuring compliant market entry and growth, mergers & acquisitions, and regulatory compliance in Turkey.

  • Bilingual Turkish-English Lawyers 

  • End-to-End Support – From setup to daily legal ops

  • International Network – Offices in London, Istanbul, Italy, Hong-Kong

  • Transparent Fees – No hidden costs

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Our Corporate & Commercial Legal Services in Turkiye

1. Business Establishment

  • Company Formation (LLC, JSC, Branch, Liaison Office)

  • Trade Registry & Tax Registration

  • Bank Account Setup

2. Mergers & Acquisitions (M&A)

  • Due Diligence (Financial, Legal, Regulatory)

  • Share Purchase Agreements

  • Post-Merger Integration

3. Commercial Contracts

  • Joint Ventures & Shareholder Agreements

  • Distribution/Franchise Contracts

  • IP Licensing & Protection

4. Compliance & Governance

  • Turkish Commercial Code (TCC) Compliance

  • Annual Financial Reporting

  • Employment Law Advisory

5. Dispute Resolution

  • Commercial Litigation

  • Debt Recovery

  • Arbitration (ICC, ISTAC)

Main Considerations for Foreign Investors

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Critical Regulations

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FDI Law

  • No approval required for most sectors

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Tax Obligations

  • 20% corporate tax, VAT 1-18%

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Employment

  • Mandatory SSI registration for staff

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M&A Due Diligence Checklist

  • Legal: Title deeds, litigation history

  • Financial: Audited statements, debt review

  • Contracts: Supplier/employee agreements

  • Compliance: Sector-specific licenses

Why Invest in Turkey?

Turkey offers foreign investors a dynamic market with:

  • Strategic Location – Bridge between Europe, Asia, and MENA

  • Business-Friendly Laws – Equal treatment for foreign/local investors under FDI Law

  • Tax Incentives – Reduced rates in free zones & tech hubs

  • Fast Incorporation – Companies can be registered in 1 day*

 

*While we strive for efficient resolutions, all stated timelines are non-binding approximations. For a case-specific assessment, consult our attorneys.​​

Frequently Asked Questions: Corporate & Commercial Law in Turkey

1. Can foreigners open a company in Turkey?

Yes! Turkey welcomes 100% foreign-owned businesses under the Foreign Direct Investment Law. The most common structures are:

  • Limited Liability Company (LLC) – Minimum 10,000 TRY capital

  • Joint Stock Company (JSC) – Minimum 50,000 TRY capital

  • Branch/Liaison Office – No minimum capital

3. How long does it take to set up a company in Turkey?

3–7 business days for LLCs/JSCs if documents are ready. Delays may occur if:*

  • Documents require apostille/translation

  • Sector-specific licenses are needed (e.g., finance, energy)

​*While we strive for efficient resolutions, all stated timelines are non-binding approximations. For a case-specific assessment, consult our attorneys.​​

2. What are the main taxes for foreign companies in Turkey?

Main Taxes:

  • Corporate Tax: 20% on profits

  • VAT: 1% (real estate) to 18% (standard rate)

  • Withholding Tax: 15% on dividends (reduced by tax treaties)

Pro Tip: Free zones might offer tax exemptions for eligible businesses.

4. Do I need a local partner to start a business in Turkey?

No. Foreigners can own 100% of shares in most sectors (exceptions: media, maritime, aviation).

5. What is the due diligence process for M&A in Turkey?

Critical Checks:

  • Legal: Title deeds, litigation history, contracts

  • Financial: Audited statements, debt review

  • Regulatory: Sector-specific compliance (e.g., competition law)

Risk: 30% of deals uncover hidden liabilities during due diligence.

6. Can I hire foreign employees for my Turkish company?

Yes, but you must:

  • Obtain work permits (6–8 weeks processing)*

  • Register employees with the Social Security Institution (SGK)

  • Comply with Turkish labor laws (severance pay, overtime rules)

​*While we strive for efficient resolutions, all stated timelines are non-binding approximations. For a case-specific assessment, consult our attorneys.​​

7. What are the risks of commercial contracts in Turkey?

Common Pitfalls:

  • Vague force majeure clauses

  • Unenforceable dispute resolution terms

  • Non-compliance with Turkish Commercial Code

Our Solution: We draft contracts with Turkish-law jurisdiction and ISTAC/ICC arbitration clauses.

8. How can I protect intellectual property in Turkey?

Key Steps:

  • Register trademarks with the Turkish Patent Office

  • File patents within 12 months of international application*

  • Use NDAs for trade secrets

Statistic: IP lawsuits rose 40% in Turkey (2020–2023).

*While we strive for efficient resolutions, all stated timelines are non-binding approximations. For a case-specific assessment, consult our attorneys.​​

9. What happens if my company faces litigation in Turkey?

Process Overview:

  • Pre-litigation negotiation (30–90 days)*

  • Filing in commercial courts (1–3 years for resolution)*

  • Enforcement via bailiffs or asset freezing

Pro Tip: Include mediation clauses in contracts to reduce delays.

​*While we strive for efficient resolutions, all stated timelines are non-binding approximations. For a case-specific assessment, consult our attorneys.​​

10. Are there incentives for foreign investors in Turkey?

Yes. Top Incentives:

  • Tax breaks in Technology Development Zones

  • Customs duty exemptions for R&D imports

  • Cash grants for strategic projects (up to 50% of investment)

The content on this webpage is provided by CCS Law for general informational purposes only. It does not constitute legal, financial, or immigration advice.

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CCS Law- quality legal services both at national and international levels to individual clients as well as corporate entities. By valuing specialist knowledge and experience that lies with the CCS lawfirm and the team of professionals, each particular legal issue is dealt with and worked out in the most precise manner according to the specific needs of the client.

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