Turkey Dictionary

  • Legal Dispute

    🏷️ Turkish: Hukuki Uyuşmazlık A conflict between parties that can be resolved through a court ruling or alternative methods like arbitration or mediation. 💡 Example: If a supplier fails to deliver contracted goods, you may find yourself in a legal dispute over the breach of contract. 🔗 Related Service: Legal & Tax Consulting 📎 Need…

  • Legalisation

    🏷️ Turkish: Konsolosluk Tasdiki An alternative to apostille for countries not part of the Hague Convention, performed at Turkish consulates to validate documents. 💡 Example: If your home country does not use apostilles, you must take your birth certificate to the Turkish consulate for legalisation before use. 🔗 Related Service: Company Formation in Turkey 📎…

  • Liaison Office

    🏷️ Turkish: İrtibat Bürosu A representative office used for market research and liaison that is strictly forbidden from engaging in commercial sales or invoicing. 💡 Example: You can open a liaison office in Ankara to represent your brand and conduct market research without performing any direct sales. 🔗 Related Service: Company Formation in Turkey 📎…

  • Interest

    🏷️ Turkish: Faiz The fee paid for borrowing money. The Central Bank of Turkey sets benchmark interest rates that influence bank loans and deposits. 💡 Example: When you open a corporate savings account in a Turkish bank, you will earn interest based on the current market rates. 🔗 Related Service: Investment Advisory 📎 Need help?…

  • License

    🏷️ Turkish: Lisans Permission from a government authority required to operate specific types of businesses, such as energy, banking, or insurance. 💡 Example: To operate a renewable energy plant, you must first obtain a generation license from the energy market regulatory authority. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free…

  • International Protection Applicant

    🏷️ Turkish: Uluslararası Koruma Başvurusu A person waiting for a decision on their asylum or refugee status who receives temporary legal stay and limited rights in Turkey. 💡 Example: While waiting for a final decision on their status, an international protection applicant receives a temporary ID card for legal stay. 🔗 Related Service: Residence &…

  • Invoice

    🏷️ 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

  • Lien

    🏷️ Turkish: Rehin A legal claim against a property used as collateral for a debt that must be cleared before the property can be sold. 💡 Example: A bank may place a lien on your commercial property as collateral for the business loan they provided to your startup. 🔗 Related Service: Investment Advisory 📎 Need…