🏷️ 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
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🏷️ Turkish: İpotek A legal claim on a property used as collateral for a loan, allowing the lender to sell the asset if the debt is not repaid. 💡 Example: You must check the title deed at the registry to ensure the property you are buying has no existing mortgage. 🔗 Related Service: Investment Advisory…
🏷️ 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: Borsa A marketplace for trading agricultural and industrial commodities in bulk based on supply and demand, . 💡 Example: If your business involves trading large volumes of wheat or cotton, you must register with the local commodity exchange . 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation…
🏷️ 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 📎…
🏷️ Turkish: Apostil An international certification that validates official documents from your home country for legal use in Turkey,, . 💡 Example: You must obtain an apostille on your foreign power of attorney before it can be used at a Turkish notary. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free…
🏷️ Turkish: Sınır Dışı Edilme A legal process to remove a foreigner from Turkey for violating immigration laws or being a security threat,,. 💡 Example: Overstaying your visa for more than three months without applying for residency can lead to a deportation order,. 🔗 Related Service: Residence & Work Permit 📎 Need help? Book a…