A Guide to Investing and Starting a Business in Turkey: Opportunities and Steps

With its dynamic economy, young population, and strategic location, Turkey is a country that offers significant opportunities for international investors and entrepreneurs. We have compiled essential information for those who want to start a business or invest in Turkey, a country that serves as a gateway to global markets.

Investing in Turkey: Which Sectors Are Attractive?

Investment opportunities in Turkey go beyond traditional sectors, extending into innovative fields like technology and energy.

Technology and Entrepreneurship: There is a growing entrepreneurial ecosystem, particularly in Istanbul. Sectors such as fintech, the gaming industry, and e-commerce are experiencing rapid growth, driven by the young population. Government incentives and support programs create an attractive environment for technology investments.
Renewable Energy: With its potential for solar and wind energy, Turkey is one of the most suitable countries in Europe for clean energy investments. Projects in this field offer a potential for a long-term and sustainable return.
Health Tourism: With its modern hospitals, expert doctors, and affordable prices, Turkey has become a leading destination in health tourism. Investing in medical services and cosmetic surgeries offers an opportunity to benefit from international patient traffic.

Real Estate Investment in Istanbul: Why Now?

Istanbul is the most popular real estate market for both local and foreign investors.

High Return Potential: Istanbul’s continuously growing population and urbanization rate support rising rental yields and property values. In particular, residential and commercial properties in central areas stand out as a solid investment vehicle.
Transportation and Infrastructure Projects: Mega-projects like the new airport, metro lines, and bridges are expanding the city’s transportation network, increasing property values in certain areas. Regions along the routes of these projects offer attractive opportunities for investors.
Urban Renewal: The renewal of old and risky buildings in the city gives rise to modern and earthquake-resistant housing projects. These projects hold significant potential for long-term value appreciation.

Starting a Business in Turkey: A Step-by-Step Guide

The process of starting a business in Turkey is quite simple when the right steps are followed.

Choosing a Company Type: The most common company types in Turkey are the Joint Stock Company (A.Ş.) and the Limited Liability Company (Ltd.). It’s important to choose the one that best suits the size of your investment and your business model.
Preparation of Required Documents: Documents such as the notarized company’s articles of association and passport copies of the founders must be prepared.
Registration and Tax Procedures: After all documents are ready, your company needs to be registered with the Trade Registry Office and enrolled with the tax office.
Legal and Financial Consultation: It is highly recommended that you work with a local law firm and financial advisor to ensure the process runs smoothly. This will ensure that all legal obligations are met correctly.

Investing in or starting a business in Turkey can be a very successful venture with the right planning and support from local experts.

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