🏷️ Turkish: Genel Vekaletname A broad legal document that grants someone the authority to act on your behalf in almost all legal and financial matters. 💡 Example: You should use a general power of attorney only with a highly trusted representative to manage all your business affairs in Turkey. 🔗 Related Service: Company Formation in…
🏷️ Turkish: Yüksek Teknoloji Yatırım Teşviki A government program offering enhanced incentives for investments in high-technology and strategic sectors to boost national innovation. 💡 Example: If you invest in electric vehicle production, you can apply for the HIT-30 program to receive major tax breaks. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free…
🏷️ Turkish: Örtülü Sermaye Loans from shareholders that are treated as equity for tax purposes to prevent the abuse of debt financing for tax avoidance. 💡 Example: If you lend money to your own company instead of increasing capital, it may be flagged as hidden capital by tax authorities. 🔗 Related Service: Legal & Tax…
🏷️ Turkish: Örtülü Kazanç Occurs when transactions between related parties are not conducted at market value, leading to potential tax penalties. 💡 Example: Buying goods from a sister company at inflated prices could result in a hidden profit distribution penalty from the tax office. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book…
🏷️ Turkish: Holding Şirketi A corporate structure that owns shares in other companies and focuses on investment management rather than direct commercial operations. 💡 Example: You might establish a holding company in Istanbul to manage your various hotel and construction subsidiaries under one roof. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free…
🏷️ Turkish: Kat Malikleri Kurulu A group of property owners in a building who manage common areas, collect maintenance fees, and make collective decisions. 💡 Example: The homeowners’ association will vote on the budget for building security and pool maintenance at the next annual meeting. 🔗 Related Service: Investment Advisory 📎 Need help? Book a…
🏷️ Turkish: İnsani İkamet İzni A temporary legal status granted to foreigners who cannot leave Turkey due to war, natural disasters, or serious illness in their home country. 💡 Example: Someone who cannot return to a conflict zone might be granted a humanitarian residence permit by the migration office for safety. 🔗 Related Service: Residence…
🏷️ Turkish: IBAN The International Bank Account Number used for secure transfers. Turkish IBANs always start with “TR” and consist of 26 digits. 💡 Example: You will need to provide your company’s IBAN to your clients so they can wire payments for your services directly to your Turkish account. 🔗 Related Service: Investment Advisory 📎…
🏷️ Turkish: Yatırım Teşvik Belgesi An official document providing tax reductions, VAT exemptions, and other government supports for qualified and strategic investment projects. 💡 Example: After receiving your incentive certificate, you will be exempt from paying VAT on the manufacturing machinery you import for your factory. 🔗 Related Service: Investment Advisory 📎 Need help? Book…
🏷️ Turkish: e-Arşiv A digital system for storing and sending invoices electronically to non-e-Invoice users,. 💡 Example: The e-Archive system allows your company to send digital invoices to customers who are not part of the e-Invoice network,. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact