Take a glance at the links about business and legal framework of Turkey.
In this section you will find a compiled list of some useful links of international and local sites, portals and documents that might be of importance for you to provide relevant legal services and information.
Investment Environment and FDIs in Turkey
Potentially, Turkey is an appealing country for global investors. With the changing economic setting in Turkey, there is now more room for global entrepreneurs and the corporate sector to take initiative.
Turkey is rapidly emerging from a generally restrictive era characterized by tense civic/state relations and regressive legal frameworks for civil society organizations (CSOs). In the past four years, the Turkish Government has demonstrated a remarkable change in political will and support for civil society and its critical contribution in the democratization and development of Turkish society.
Doing Business captures several important dimensions of the regulatory environment as it applies to local firms. It provides quantitative indicators on regulation for starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. It also measures features of labor market regulation.
Driven by private consumption and supported by a
stable macroeconomic policy framework, the Turkish
economy has grown significantly since the country
emerged from the 2001 financial crisis. Between
2002 and 2008, Turkey’s GDP experienced an annual
average growth of 5.8%, versus 1.8% in the EU. Due
to global turmoil in 2009 Turkey’s GDP declined to
US$614 bn, but rebounded in 2010, reaching US$729
bn and making Turkey the 16th largest economy in
“Legal Guide to Investment in Turkey”, written by "Investment Support and Promotion Agency" in collaboration with CMS aims to assist individuals and organizations wishing to invest in Turkey by providing information on the legal environment in the country. The guide consists of information on a variety of legal topics that investors take into consideration during the investment process.
The purpose of the changes made in the Turkish Foreign Investment Regulations in June 2003, of which
we summarize some important points in this booklet, are to encourage real persons and legal entities
resident abroad to invest in Turkey, to engage in commercial activities, to participate in corporations, to
purchase shares, to open branch offices and to establish liaison offices.