Turkey Dictionary

  • Liquidity

    🏷️ 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…

  • NACE Code

    🏷️ 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…

  • Litigation

    🏷️ 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…

  • Notary Public

    🏷️ 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

  • Local Representation

    🏷️ 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

  • Occupancy Permit

    🏷️ Turkish: İskan Belgesi An official document confirming that a building is safe, finished, and complies with all local construction regulations. 💡 Example: Never finalize the purchase of a new property until you verify that the building has received its occupancy permit. 🔗 Related Service: Investment Advisory 📎 Need help? Book a Free Consultation here:…

  • Long-Term Residence Permit

    🏷️ Turkish: Uzun Dönem İkamet İzni A permanent residence permit granted to foreigners who have lived legally and continuously in Turkey for at least eight years. 💡 Example: After living in Istanbul for eight continuous years, you can apply for a long-term residence permit to stay in Turkey indefinitely. 🔗 Related Service: Residence & Work…

  • Management Fee

    🏷️ Turkish: Aidat A monthly payment made by property owners for the maintenance, security, and cleaning of shared building facilities. 💡 Example: You will pay a monthly management fee to cover the shared electricity and security costs of your office complex. 🔗 Related Service: Ongoing Management 📎 Need help? Book a Free Consultation here: /contact

  • Mediation

    🏷️ Turkish: Arabuluculuk A voluntary process where a neutral third party helps conflicting parties reach a mutual agreement without going to court. 💡 Example: Before starting litigation, you may attend a mediation session to resolve a commercial dispute with a supplier quickly. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free…

  • Legal Consulting

    🏷️ Turkish: Hukuki Danışmanlık Professional advice regarding company formation, contract drafting, legal compliance, and dispute resolution within Turkey. 💡 Example: We offer legal consulting to help you understand the specific requirements for obtaining a Turkish work permit for your staff. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation here:…