Due to globalization, the whole world is integrated in a one global market and the national economies are integrated with the world economy, thus the economic relations between the countries are intensified. This circumstance encourage countries to make legal regulations and provide incentives to attract foreign investment. Therefore, Turkey has set the legal framework of […]
Kategori: For Foreigners
RECOGNITION OF FOREIGN JUDGEMENTS IN TURKEY
Recognition is an acceptance of foreign judgements’ definitive effects in Turkey. Recognition involves every civil law cases. All of the civil law cases are applied for being recognized in Turkey. For applying recognition, we need following legal conditions: the subject of the sentence that was given by the foreign court will not be in Turkish […]
WORK PERMIT IN TURKEY
If international agreements are not agreed otherwise,foreigners working in Turkey are subject to permission. Generally permission is taken before starting work but according to Law on Work Permits of Foreigners Article 4 other cases are settled too: “Unless not stipulated to the contrary by bilateral and multilateral agreements in which Turkey stands as a party, […]
HOW TO GET TURKISH CITIZENSHIP?
There are two ways to win Turkish citizenship. The first one of them is the citizenship that is won by birth, and the second is the citizenship earned later. Citizenship acquired at birth will be effected from the moment of birth. A child born in a marriage union with a Turkish citizen mother or father, […]
LIMITED LIABILITY COMPANY IN TURKEY
The main company types in Turkey are Private Limited, Joint Stock Companies, Commandite and Collective Companies. Foreign investors can also open a Liaison Office or a Branch in Turkey. The limited liability company (“LLC”) is one of the most common business forms in Turkey. If the foreign investors establish a LLC in Turkey, they need […]
INVESTMENT INCENTIVES IN TURKEY
With the last century, the technology has improved itself overmuch. Therefore, the links between different countries’ economies have made a considerable growth all over the world. Due to these changes in the world’s economic system, each state has started to work on driving the capital flow over their country. In line with this idea, most […]
GENERAL INVESTMENT INCENTIVES SCHEME
Due to globalization, dynamics of economy have changed all over the world. Foreign investment has become a popular issue for states. In this manner, states started to regulate foreign investment. The aim is making attractive opportunities for foreign investors. Investment incentives sheme is specifically designed to encourage investments to reduce dependency on the importation. Therefore, […]