🏷️ 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: Motorlu Taşıtlar Vergisi An annual tax on vehicles based on engine size, age, and price, paid in two installments every year. 💡 Example: If your company owns an automobile, you will need to pay the MTV installments every January and July. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a…
🏷️ Turkish: İlan Platformu Online websites where properties are listed for sale or rent by agents and individual owners. 💡 Example: Most real estate agents use multiple listing platforms to advertise apartments for sale to foreign buyers. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Tasfiye The formal legal process of closing a company, paying off its debts, and distributing its remaining assets to shareholders. 💡 Example: If you decide to exit the market, you must appoint a liquidator to officially manage the company liquidation process. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation…
🏷️ Turkish: Belediye Vergisi Local taxes collected by municipalities, including property tax and garbage collection fees. 💡 Example: As a property owner, you will pay your annual municipal tax in two installments to the local district office. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Likidite A financial term referring to how quickly an asset, such as real estate or stocks, can be converted into cash without significant loss. 💡 Example: Before investing in large parcels of land, consider its liquidity to ensure you can sell it quickly if your company needs cash. 🔗 Related Service: Investment Advisory…
🏷️ Turkish: NACE Kodu An international standard classification used to define and register the specific business activities of a company. 💡 Example: You must select the correct NACE code during registration to define your company’s primary industry, such as software or trade. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free…
🏷️ Turkish: Dava The formal legal action taken in a court of law to resolve a dispute between parties through a judge’s ruling. 💡 Example: Your lawyer will represent your company during litigation if a former employee sues for wrongful termination of their contract. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book…
🏷️ Turkish: Noter A public official authorized to verify signatures, certify documents, and legalize official contracts and translations. 💡 Example: You will need to visit a notary to legalize your signature circular and power of attorney for company registration. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Yerel Temsilcilik Having a trusted local partner or authorized person to handle daily operations and official matters within Turkey. 💡 Example: Many foreign investors hire a local firm for representation to handle their daily administrative tasks and government meetings. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact