🏷️ Turkish: KVKK
Turkey’s national data protection regulation, governing how companies collect and handle personal information.
💡 Example: Your company website must have a KVKK privacy policy to inform users how their personal data is being processed.
🔗 Related Service: Legal & Tax Consulting
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🏷️ 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…
🏷️ 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: 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: 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: Kapora An advance payment made by a buyer to a seller to secure a property or service during negotiations, . 💡 Example: You will typically pay a 5% deposit to the seller when signing the preliminary contract for your new apartment . 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free…
🏷️ Turkish: Yargıtay The highest court for civil and criminal cases in Turkey, acting as the final appeals court,. 💡 Example: Decisions made by the local commercial court can be appealed for a final ruling at the Court of Cassation,. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here:…