🏷️ Turkish: Yönetmelik Detailed rules and instructions issued by government ministries to implement and clarify existing laws. 💡 Example: The new trade regulation specifies the exact documents required for foreign investors to open a local retail business. 🔗 Related Service: Legal & Tax Consulting 📎 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: Kira Gelir Vergisi A progressive tax paid by landlords on the income generated from renting out their residential or commercial properties. 💡 Example: If you rent out your investment apartment, you must file a rental income tax return with the tax office every March. 🔗 Related Service: Legal & Tax Consulting 📎 Need…
🏷️ Turkish: Sosyal Güvenlik Kurumu The government body responsible for managing health insurance, retirement, and workplace registrations in Turkey. 💡 Example: Your company must register all employees with SGK and pay monthly social security contributions for them. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Kira Getirisi The annual rental income of a property expressed as a percentage of its total purchase price. 💡 Example: Investors typically look for a rental yield of at least 6% when evaluating commercial properties in central Istanbul. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Özel Tüketim Vergisi A high tax on luxury items, vehicles, alcohol, and electronics, collected once at the point of sale. 💡 Example: Buying an imported car in Turkey involves paying a high special consumption tax based on the engine size. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free…
🏷️ Turkish: Yurda Getirme The process of transferring company profits or invested capital from Turkey back to the investor’s home country. 💡 Example: Turkey allows the full repatriation of profits, meaning you can freely transfer your business earnings back to your home country. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation…
🏷️ Turkish: Özel Vekaletname A legal document that authorizes a representative to perform only one specific action, such as buying a property. 💡 Example: You can issue a special power of attorney solely for the purpose of registering your company at the trade registry. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book…
🏷️ Turkish: Temsilcilik A limited presence of a foreign company used for market research and liaison that cannot perform commercial sales. 💡 Example: You can open a representative office in Istanbul to explore market opportunities before establishing a full commercial company. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation…
🏷️ Turkish: İkamet İzni An official document that allows a foreigner to live legally in Turkey for a specific duration. 💡 Example: After buying a property, you can apply for a residence permit to live in Turkey with your family for up to two years. 🔗 Related Service: Residence & Work Permit 📎 Need help?…