219 terms found
Floor Area Ratio
🏷️ Turkish: Emsal The ratio of a building’s total floor area to the size of the land it sits on, controlling development density,,, . 💡 Example: You must check the...
Foreclosure
🏷️ Turkish: Haciz The legal seizure of property by a creditor when an owner fails to pay their debts,,, . 💡 Example: Before buying any real estate, you must check...
Foreign Capital
🏷️ Turkish: Yabancı Sermaye Investment money or assets brought into Turkey by non-resident individuals or foreign companies,,, . 💡 Example: Turkey provides several incentives for foreign capital to encourage long-term...
Foreign Direct Investment
🏷️ Turkish: Doğrudan Yabancı Yatırım The act of establishing business operations or acquiring significant assets in Turkey by a foreign entity,,, . 💡 Example: Opening a manufacturing plant in Istanbul...
Foreigner Identification Number
🏷️ Turkish: Yabancı Kimlik Numarası (YİK) A unique 11-digit ID number assigned to foreigners with a valid Turkish residence permit,,. 💡 Example: You will need your Foreigner Identification Number (YİK)...
Franchise
🏷️ Turkish: Franchise A business model where a company grants another party the right to operate under its brand and system,,, . 💡 Example: Many foreign entrepreneurs enter the Turkish...
General Power of Attorney
🏷️ 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...
Hidden Capital
🏷️ Turkish: Örtülü Sermaye Loans from shareholders that are treated as equity for tax purposes to prevent the abuse of debt financing for tax avoidance. 💡 Example: If you lend...
Hidden Profit Distribution
🏷️ 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...
HIT-30
🏷️ Turkish: Yüksek Teknoloji Yatırım Teşviki A government program offering enhanced incentives for investments in high-technology and strategic sectors to boost national innovation. 💡 Example: If you invest in electric...
Holding Company
🏷️ Turkish: Holding Şirketi A corporate structure that owns shares in other companies and focuses on investment management rather than direct commercial operations. 💡 Example: You might establish a holding...
Homeowners’ Association
🏷️ 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...
Humanitarian Residence Permit
🏷️ Turkish: İnsani İkamet İzni A temporary legal status granted to foreigners who cannot leave Turkey due to war, natural disasters, or serious illness in their home country. 💡 Example:...
IBAN
🏷️ Turkish: IBAN The International Bank Account Number used for secure transfers. Turkish IBANs always start with "TR" and consist of 26 digits. 💡 Example: You will need to provide...
Incentive Certificate
🏷️ Turkish: Yatırım Teşvik Belgesi An official document providing tax reductions, VAT exemptions, and other government supports for qualified and strategic investment projects. 💡 Example: After receiving your incentive certificate,...
Income Tax
🏷️ Turkish: Gelir Vergisi A progressive tax applied to the earnings of individuals in Turkey, with rates that increase as income levels rise. 💡 Example: If you earn a salary...
Independent Work Permit
🏷️ Turkish: Bağımsız Çalışma İzni A specific permit allowing foreigners to work as freelancers or consultants without being tied to a single Turkish employer. 💡 Example: As a freelance software...
Industrial Zone (OSB)
🏷️ 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...
Inheritance
🏷️ Turkish: Miras The legal transfer of property ownership after death. Foreigners can inherit property in Turkey under certain legal conditions defined by reciprocity. 💡 Example: Foreigners can inherit their...
Intellectual Property
🏷️ Turkish: Fikri Mülkiyet Legal rights protecting inventions, trademarks, copyrights, and industrial designs under Turkish law through registration. 💡 Example: You should register your software's source code as intellectual property...