🏷️ Turkish: Katma Değer Vergisi
A consumption tax of 20% applied to most goods and services, which companies must file and pay monthly.
💡 Example: When you buy office supplies, you pay VAT, which your company can then deduct from its own tax bill.
🔗 Related Service: Legal & Tax Consulting
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🏷️ 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: 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 your company’s IBAN to your clients so they can wire payments for your services directly to your Turkish account. 🔗 Related Service: Investment Advisory 📎…
🏷️ 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: Muafiyet A legal right to not pay a specific tax or fee under certain conditions, such as for strategic investments,. 💡 Example: Companies operating in free zones often enjoy a full exemption from VAT on their exported goods and services,. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free…
🏷️ Turkish: Sanayi Odası A local organization specifically for manufacturing companies that regulates industrial activities, . 💡 Example: Manufacturing firms join the Chamber of Industry to obtain capacity reports needed for investment incentives. 🔗 Related Service: Company Formation in Turkey 📎 Need help? Book a Free Consultation here: /contact
🏷️ Turkish: Türk Borçlar Kanunu (TBK) The main law regulating contracts, debts, lease agreements, and the legal responsibilities of parties. 💡 Example: Your commercial lease agreement is governed by the Turkish Code of Obligations to protect both you and the landlord. 🔗 Related Service: Legal & Tax Consulting 📎 Need help? Book a Free Consultation…