The legal system in Turkey is based on the civil law system, which is also known as the Romano-Germanic (continental European) legal system. The main sources of law in Turkey are the Constitution, statutory law, and court decisions. The Turkish legal system is overseen by the Ministry of Justice and the Constitutional Court.
Foreigners living in Turkey are subject to Turkish laws and regulations, and they must comply with the same legal requirements as Turkish citizens. Here are some general tips that may help foreigners navigate the legal system in Turkey:
Please note that this is general guidance and should not be taken as legal advice. It’s always best to consult with a licensed legal professional for specific legal advice regarding your individual situation.
Foreigners are allowed to set up businesses in Turkey. Turkey is actively encouraging foreign investment and offers a range of incentives to foreign investors, including tax exemptions and reduced bureaucratic procedures.
Foreigners can establish a business in Turkey in several ways . One option is to set up a limited liability company (LLC), which is the most common business structure used by foreign investors in Turkey. Another option is to establish a branch office, which is an extension of the foreign company and operates under its name.
To set up a business in Turkey , foreigners must meet certain legal requirements and obtain the necessary permits and licenses. This process involves registering the company with the relevant government agencies, obtaining a tax identification number, and obtaining any necessary business licenses.
Foreigners are also subject to the same tax regulations as Turkish citizens and must comply with Turkish tax laws. Turkey has a double taxation treaty with many countries, which helps to avoid double taxation for foreign investors.
It’s advisable for foreigners who wish to set up a business in Turkey to seek the advice of a professional legal and tax advisor to ensure compliance with all legal and regulatory requirements.