🏷️ Turkish: Franchise
A business model where a company grants another party the right to operate under its brand and system,,, .
💡 Example: Many foreign entrepreneurs enter the Turkish market by opening a franchise of a globally recognized retail brand, .
🔗 Related Service: Investment Advisory
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🏷️ Turkish: BDDK The government agency that regulates and supervises all banks and financial institutions in Turkey,,. 💡 Example: The BDDK ensures that all banking transactions for foreign investors follow national stability rules,. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Tasfiye The formal legal process of closing a company, paying off its debts, and distributing its remaining assets to shareholders. 💡 Example: If you decide to exit the market, you must appoint a liquidator to officially manage the company liquidation process. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation…
🏷️ Turkish: Harç An official charge paid to government institutions for various registrations, permits, and administrative services,,, . 💡 Example: You will need to pay a small registration fee (harç) when finalizing your company’s setup at the trade registry, . 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation here:…
🏷️ Turkish: Avukat A legal professional who represents clients in court and provides expert advice on various legal and commercial matters. 💡 Example: You should hire an experienced lawyer to review your commercial lease agreement before you sign any legally binding document. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free…
🏷️ Turkish: Yabancı Kimlik Numarası (YİK) A unique 11-digit ID number assigned to foreigners with a valid Turkish residence permit,,. 💡 Example: You will need your Foreigner Identification Number (YİK) to open a bank account or access the e-Devlet portal,. 🔗 Related Service: Residence & Work Permit 📎 Need help? Book a Free Consultation here:…
🏷️ Turkish: TOBB The umbrella organization coordinating all chambers of commerce and industry across Turkey. 💡 Example: TOBB represents the interests of the private sector and helps set the policies for all local chambers of commerce. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation here: /contact