🏷️ Turkish: Fesih
The formal act of canceling or terminating a legal contract, agreement, or power of attorney through a notary.
💡 Example: If you decide to change your legal representative, you must issue a revocation of the existing power of attorney at a notary.
🔗 Related Service: Company Formation in Turkey
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🏷️ 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: İrtifak Hakkı The legal right to use another person’s property for a specific purpose, such as a driveway or utility line, . 💡 Example: You may need an easement right to run your factory’s water pipes through the neighboring land parcel, . 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free…
🏷️ Turkish: Fatura An official commercial document issued for goods or services, mandatory for VAT and tax compliance in Turkey. 💡 Example: You must issue a commercial invoice for every sale to ensure your company remains compliant with Turkish tax regulations. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Küçük Sanayi Sitesi (KSS) A designated area for small workshops and craftsmen that provides shared infrastructure at reduced rates. 💡 Example: Your small repair business could benefit from the lower electricity and water costs available in a local KSS. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Şube A secondary office of a company that must be registered separately to conduct commercial activities under the parent name,,,, . 💡 Example: A foreign manufacturing firm can open a branch office in Turkey to distribute products while keeping its original identity . 🔗 Related Service: Company Formation in Turkey 📎 Need help?…
🏷️ Turkish: e-Defter The digital version of accounting books that must be kept and submitted electronically to tax authorities,,, . 💡 Example: Your accountant will maintain your company’s e-Ledger to ensure all financial records are compliant with digital standards, . 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact