GTurkiye

Author: tur

  • Business in Turkiye for Foreigners

    Business in Turkiye for Foreigners

    Foreigners can own 100% of a company in Turkey, enjoying the same rights as local investors under the Foreign Direct Investment Law No. 4875.

    Key opportunities for 2025-2026 include e-commerce, renewable energy, FinTech, and technology-driven sectors. Company setup is fast (often one day), requiring a local tax number, notary-certified documents, and a registered address, which can be managed remotely via power of attorney.

    Key Business Opportunities (2025-2026)
    E-commerce & Digital Services: Growing demand for digital marketplaces.
    Renewable Energy & Clean Tech: Government incentives for sustainable energy.
    FinTech & Digital Banking: Rapidly adopting digital financial solutions.
    Healthcare Technology: High demand for telemedicine.
    Real Estate & Tourism: Continued growth in hospitality innovation.

    Legal Structure and Setup Process
    Company Types: The most common forms are Limited Liability Companies (LLC – Limited Şirket) for small/medium businesses, or Joint Stock Companies (JSC – Anonim Şirket).
    Ownership: Foreigners can own 100% of the company, with no residency permit needed initially.
    Minimum Capital: Minimum capital for an LLC is 10,000 Turkish Lira (subject to change).
    Process: Registration is done at the Trade Registry Directorates (Chambers of Commerce), acting as a “one-stop shop”.
    Requirements: A notary-certified translation of passport, a potential investor tax ID number, and a registered legal address (including virtual offices).

    Key Tips for Success
    Legal Representation: A local accountant or consultant is highly recommended for managing tax obligations and notary procedures.
    Tax Compliance: All companies must register with the tax office and obtain a VAT number.
    Post-Registration: A signature circular must be obtained from a notary to open a bank account and authorize signatures.
    Incentives: Free Trade Zones and various government support programs exist, particularly for exports.

    Common Pitfalls to Avoid
    Not Using Professional Help: Using an unregistered agent can delay the process.
    Neglecting Tax Reporting: Tax compliance in Turkey is strict.
    Not Registering for Social Security: All employers must register employees with the Social Security Institution (SGK).

    Foreigners can also obtain Turkish citizenship through investment by setting up a business and employing Turkish citizens, or through real estate investment.

  • The History of Bodrum, known as Halicarnassos goes back to the 13th century BC

    Excavaties reveal the 5000 year old history of this town. Many civilisations found their home here. Carians for excample, Homer tells in his Ilia, that the Carians helped to defend Troya. Heredotus, known as the father of history, was born in bodrum in 484 BC.- and he said that bodrum had been founded by the Dorians.

    The next settlers were Carians and Lelegians. In the 6th. century BC., the region came under Persian rule. Its most brilliant period was around 353. BC. when it was the capital of the Satrap of Caria (In this century it was famous for its trade, Sailing and Boat Building.)

    Artemisia who was a warrior-woman played a significant role in the protection of the Asian Union and she achieved fame by adopting a stance against rhodes as the admiral of the Carian fleet in 480 BC. The Mausoleum is bodrums oldest antiquity and was built by artemisia II in honour of her husband king mausolos.

    It became one of the wonders of the ancient world, mausoleum still is the general term for a large tomb. The entire structure stood at over 50 meters in height. The first reliefs from the mausoleum reached the british museum in London in 1846, these included frescos and other objects.

  • Delta Wings in Turkey

    Delta wings is a single person flight vehicle which can fly with wind and other air impacts and has no motor. Take off, stay on air and take off area is similar to paragliding . But there is more training period for flight. There is a person connected parachute for security.

    Flight Regions
    Delta wing sport can also be performed at the places where paragliding can be performed.

    Structure
    Wings delta wing has approximately 25 – 30 kg weight, and 10 wing long when it is opened. (folded up standard 4 m) There are beginner, intermediate and advanced class wings. Beginner class training wings are used during training, when experience gained intermediate class wings can be used for flight. But for advanced level models, long time experience and flights are required. Wing is speed up when you come through advanced level in models, and control of the wing become harder.

    Take Off beginning to flight in our country, is to run with shouldering wings from flight hill under appropriate weather conditions. For gaining altitude, generally there must be hill facing, in other words coming from opposite direction, winds are required. In another method thermal, meaning hot air columns ascending from ground, are used. While this hot air is ascending it rises delta circulating within it together.

  • Glider in Turkey

    Glider, is a flight vessel whose fly is maintained via pull of another motorized plane or rapid pull via a steel rope connected to a motor outside the runway. Glider is separated from pulling rope by its pilot when it reaches to a certain altitude and begins to its free flight. Its appearance and functions of the commands are similar to the other motorized planes. But air conditions have more importance.

    As glider has no motor, it has a special wing design. Special design of its wing profiles, being its wings big and wide gains glider a great rising force. Staying on air and flight of glider is maintained by air files. Air files formed during forward flight position of glider establish turbulence over wings by means of upper wings profile cross section, and also air files form a lifting force under wings due to wing under profile cross section. Thus, staying on air and flight is maintained, it can land and take off within a very short distance.

    Cockpit of the glider can be for one or two persons. There are pedal, maintaining vertical axis movement of glider, and lever, maintaining vertical movement of glider in the cockpit. Other than these, there are subsidiary flight commands which will change the speed of the glider. There is also a wireless which will maintain the communication between glider and ground in the glider.

    Inventor of the first glider in the world is known as Otto LILIENTAL, who had died during a trial flight on 1886 Otto LILIENTAL. Today glider sport is one of the most liked and performed air sports in Europe and the World. It is one of the oldest air sports in Turkey, Glider Flight School is opened in 1935.

  • Highland Culture in Turkey

    In Turkey the highland villages are important and people go there for a variety of reasons. The nomadic clans living in the southeastern and eastern Anatolia rent the highland pastures to graze their flocks and herds. Herders living in the Mediterranean, Central Anatolia and Black Sea regions use the highlands as pasture, and as haying areas for collection of winter fodder. In the summer they sometimes go up to these pastures to escape the heat.

    People living in the Mediterranean and Aegean regions chose the highlands because it allows them to escape the sweltering summer heat, the mosquitoes and other pests.It is also a wonderful natural retreat to a clean healthy environment. A new movement has sprung up centered around providing lodging and other basic needs for these highland visitors. The chance to experience the traditional highland culture and its pristine environment has drawn many people and new kind of ‘Highland tourism’ has enabled many of them to participate in this fascinating way of life.