π·οΈ Turkish: Hazine ve Maliye BakanlΔ±ΔΔ± The ministry responsible for economic policy, tax collection, and managing the national budget. π‘ Example: This ministry issues the tax identification numbers required for all foreign investors to operate in Turkey. π Related Service: Legal & Tax Consulting π Need help? Book a Free Consultation here: /contact
π·οΈ Turkish: Δ°potek 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. π‘ Example: You must check the title deed at the registry to ensure the property you are buying has no existing mortgage. π Related Service: Investment Advisory…
π·οΈ Turkish: Motorlu TaΕΔ±tlar Vergisi An annual tax on vehicles based on engine size, age, and price, paid in two installments every year. π‘ Example: If your company owns an automobile, you will need to pay the MTV installments every January and July. π Related Service: Legal & Tax Consulting π Need help? Book a…
π·οΈ Turkish: Δ°lan Platformu Online websites where properties are listed for sale or rent by agents and individual owners. π‘ Example: Most real estate agents use multiple listing platforms to advertise apartments for sale to foreign buyers. π Related Service: Investment Advisory π Need help? Book a Free Consultation here: /contact
π·οΈ Turkish: Tasfiye The formal legal process of closing a company, paying off its debts, and distributing its remaining assets to shareholders. π‘ Example: If you decide to exit the market, you must appoint a liquidator to officially manage the company liquidation process. π Related Service: Ongoing Management π Need help? Book a Free Consultation…
π·οΈ Turkish: Belediye Vergisi Local taxes collected by municipalities, including property tax and garbage collection fees. π‘ Example: As a property owner, you will pay your annual municipal tax in two installments to the local district office. π Related Service: Legal & Tax Consulting π Need help? Book a Free Consultation here: /contact
π·οΈ 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. π‘ Example: Before investing in large parcels of land, consider its liquidity to ensure you can sell it quickly if your company needs cash. π Related Service: Investment Advisory…
π·οΈ Turkish: NACE Kodu An international standard classification used to define and register the specific business activities of a company. π‘ Example: You must select the correct NACE code during registration to define your company’s primary industry, such as software or trade. π Related Service: Company Formation in Turkey π Need help? Book a Free…
π·οΈ Turkish: Dava The formal legal action taken in a court of law to resolve a dispute between parties through a judge’s ruling. π‘ Example: Your lawyer will represent your company during litigation if a former employee sues for wrongful termination of their contract. π Related Service: Legal & Tax Consulting π Need help? Book…
π·οΈ Turkish: Noter A public official authorized to verify signatures, certify documents, and legalize official contracts and translations. π‘ Example: You will need to visit a notary to legalize your signature circular and power of attorney for company registration. π Related Service: Legal & Tax Consulting π Need help? Book a Free Consultation here: /contact