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BLOG English Blog

A RISING STAR IN GLOBAL TRADE: NORTHERN IRAQ

Any reasonable man would admit that material changes in a country’s political state and high profits in business always go hand in hand. For the last few years, this hypothesis has not been more proven anywhere in the world than it has been in Northern Iraq. As the part of the country which was least […]

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BLOG English Blog

LIAISON OFFICE REGULATION AMENDED

In accordance with Turkish law, establishment by a foreign company of a liaison office in Turkey is governed by the Law No. 4875 on Foreign Direct Investments1 (the Law). Pursuant to the Regulation for Implementation of the Law2 (the Regulation), the foreign entity founding the liaison office (i.e., the investor itself) must be established in […]

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BLOG English Blog

HOW CAN A NON-TURKISH COMPANY OPEN A BANK ACCOUNT IN TURKEY?

Business has been truly global for years. Nowadays, any company having a computer with an internet connection is theoretically capable of doing business worldwide. In such a world, Turkey, with its strategic geographical position, may instantly become a commercial hub for many companies having no presence in it. Business is usually too fast. Accordingly, a […]