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Doing business in Türkiye

Fourteen plain-English guides to the rules a foreign-owned company in Türkiye actually runs into. Every one carries the date it was last verified.

Last verified August 2026

Why the date on a guide matters

Turkish tax and employment rules are re-set annually, and some of them change more fundamentally than that. In the last three years alone the standard corporate tax rate moved to 25%, VAT rates moved to 1 / 10 / 20, minimum share capital was multiplied by five, dividend withholding went from 10% to 15%, a 10% minimum corporate tax was introduced, the free zone exemption was narrowed to export income, the fourth provisional tax period came back — and in May 2025 the entire investment incentive system was replaced.

A guide written even two years ago will get several of those wrong. Ours carry a verification date for exactly that reason. If a guide anywhere — including here — does not tell you when it was last checked, treat its numbers as unusable.

Setting up

Money

People

The principle underneath all of it

Türkiye's Foreign Direct Investment Law No. 4875 is built on equal treatment: an international investor has the same rights and the same obligations as a domestic one. The conditions for setting up a business and for transferring shares are the same. International investors may establish any company form set out in the Turkish Commercial Code.

That principle is genuinely applied, and it is why most of what follows is simply "the rules", not "the rules for foreigners". The places where being foreign does change something — work permits, the E-TUYS notification obligations, withholding on payments abroad, treaty relief — are flagged in the relevant guide.