Articles on Turkish Business & Banking
Expert guides on corporate law, bank compliance, taxes, and international trade for foreign entrepreneurs.
How to Open a Corporate Bank Account in Turkey as a Non-Resident: Documents, Timeline, and Bank Selection
A comprehensive guide to opening operational bank accounts for foreign-owned Turkish entities: compliance scrutiny, document checklist, realistic timelines, and choosing between state and commercial banks.
Ltd Şti vs A.Ş.: Which Company Type Should a Foreign Entrepreneur Choose in Turkey?
An objective legal and financial comparison of Limited and Joint-Stock companies: shareholder public liability, capital requirements, share transfers, notary fees, and tax efficiency.
How Much Does It Cost to Set Up and Maintain a Company in Turkey: Fees, Taxes, and Accounting
Transparent cost breakdown for foreign founders: one-off registration fees, notary and translation expenses, virtual office costs, certified accountant fees, and fixed monthly taxes.
Can You Open a Turkish Company Without Visiting? Remote Formation vs. In-Person Requirements
What can legally be delegated via Power of Attorney (PoA) from abroad and why bank account activation almost universally requires a manager's personal presence at a Turkish branch.
SWIFT Transfers for Turkish Companies: How They Work, Currencies, Limits, and Currency Controls
A guide to navigating international payments from Turkey: multi-currency IBANs, intermediary routing fees, Central Bank export declaration rules (İBKB), and compliance documentation.
Taxes for a Turkish Company Owned by a Foreigner: Corporate Income Tax, VAT, Withholding, and Reporting
Corporate tax obligations in Turkey: Corporate Income Tax rate (25%), VAT brackets, withholding tax (Stopaj), dividend distribution taxes, and international Double Tax Treaties (DTT).
Turkish Banks for Non-Residents: State-Owned vs. Private Commercial Banks
Strategic comparison of state giants (VakıfBank, Ziraat) versus private institutions (Yapı Kredi, Garanti BBVA): onboarding flexibility, international reputation, and online banking usability.
Company Formation in Turkey for Citizens of Kazakhstan, Georgia, Armenia, and Uzbekistan
Jurisdiction-specific guide for founders from Kazakhstan, Georgia, Armenia, and Uzbekistan: visa-free regimes, apostille conventions, trade flows, and banking compliance factors.