Turkey Dictionary

  • Independent Work Permit

    🏷️ Turkish: Bağımsız Çalışma İzni A specific permit allowing foreigners to work as freelancers or consultants without being tied to a single Turkish employer. 💡 Example: As a freelance software consultant, you can apply for this permit to work for multiple Turkish clients at once. 🔗 Related Service: Residence & Work Permit 📎 Need help?…

  • Foreign Capital

    🏷️ Turkish: Yabancı Sermaye Investment money or assets brought into Turkey by non-resident individuals or foreign companies,,, . 💡 Example: Turkey provides several incentives for foreign capital to encourage long-term business growth in strategic sectors, . 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation here: /contact

  • Industrial Zone (OSB)

    🏷️ Turkish: Organize Sanayi Bölgesi A designated area with ready infrastructure for factories that offers tax incentives and lower utility costs to industrial investors. 💡 Example: Many investors choose an OSB to benefit from ready-to-use electricity, water, and specialized waste management infrastructure for their plants. 🔗 Related Service: Investment Advisory 📎 Need help? Book a…

  • Foreign Direct Investment

    🏷️ Turkish: Doğrudan Yabancı Yatırım The act of establishing business operations or acquiring significant assets in Turkey by a foreign entity,,, . 💡 Example: Opening a manufacturing plant in Istanbul is considered a direct foreign investment that qualifies for government support, . 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here:…

  • Inheritance

    🏷️ Turkish: Miras The legal transfer of property ownership after death. Foreigners can inherit property in Turkey under certain legal conditions defined by reciprocity. 💡 Example: Foreigners can inherit their parents’ Turkish apartments, but they must follow specific legal notification steps through a local court. 🔗 Related Service: Legal & Tax Consulting 📎 Need help?…

  • Foreigner Identification Number

    🏷️ 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:…

  • Intellectual Property

    🏷️ Turkish: Fikri Mülkiyet Legal rights protecting inventions, trademarks, copyrights, and industrial designs under Turkish law through registration. 💡 Example: You should register your software’s source code as intellectual property to protect it from unauthorized use or duplication in Turkey. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here:…

  • Foreclosure

    🏷️ Turkish: Haciz The legal seizure of property by a creditor when an owner fails to pay their debts,,, . 💡 Example: Before buying any real estate, you must check the title deed to ensure there are no foreclosure records on the property, . 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book…

  • Franchise

    🏷️ 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 📎 Need help? Book a Free Consultation here:…