We represent clients from all around the world in Turkey every year. We see the globe as having no borders and are unafraid of language hurdles or time zones.
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In 2021, capital raised by the startups in gaming, grocery delivery, fintech, prop-tech and blockchain has reached significant amounts. 2021 was led by gaming, artificial intelligence, deep-tech, fintech and health-tech acquisitions with 52 deals totalling around US$265m in capital raised1. Investment figures show that investments in gaming companies placed at the centre, followed by investments in cyber security, deep-tech, e-commerce, auto-tech and e-commerce enablers. In 2021 the number of deals in Turkey indicates that the gaming sector took the lead, followed by marketplace, deep-tech and SaaS sectors2. Accordingly, SaaS placed at sixth, marketplace at seventh, e-commerce at eighth, agri-tech at ninth and edtech at tenth3.
According to Turkish Marriage regulations, a Turkish national and a foreigner or two foreigners with different nationalities can be married by Turkish authorities. Two foreigners of the same nationality can be married either by the offices of their own Country’s Embassy or Consulate or by the Turkish authorities.
It takes about 3 weeks to set up a company in Turkey. The procedure takes longer in the case of a branch office. If you need further information on the procedures applied by the Turkish authorities at the incorporation of a company, please contact our team of lawyers in Turkey.
However, for this process, foreigners must first obtain a tax number from the tax office and register it to MERSIS by applying to the trade registry office. MERSIS directs the user to fill in the legally required elements of the contract and the company contract is prepared by entering the necessary information.
It is possible to get a divorce in Türkiye, even if the marriage was conducted outside of Türkiye. Turkish legislation is the applicable law when it comes to the divorce procedures of asylum-seekers, refugees and stateless persons
The citizens who want to get married in Turkey need a few documents, such as a petition, a certificate of celibacy proving he/she is eligible to marry, identification papers, photos of the two future spouses, health certificate
Who is liable? Individuals who are resident in Turkey (full liability taxpayers) are subject to tax on their worldwide income. Non-residents (limited liability taxpayers) are taxed only on earnings and revenues derived in Turkey.
18%
Turkish VAT law provides three groups for VAT rate purposes. VAT tax base rate is set at 18% and two reduced rates 8% and 1%. It might be worthwhile to take a look at detailed lists of products and services as products within range of your company activity might be included in one of reduced rates.
The Turkish divorce procedure is not lengthy or complicated as it is based on the Swiss Family Law. This law put an end to the Islamic rules, different from the modern principles of family laws
Sharing property in a divorce is a legal right for both parties because there is an equal partnership between spouses regarding assets. With the divorce, this partnership is terminated by a court decision and the property is divided in half.