Establishing a Limited Company or Opening a Branch in Turkey
Mehmet Akif Özmen | Sworn Financial Advisor – CPA | Founder, CEO Establishing a company in Turkey is both a strategic step for foreign investors and a necessary process that opens the doors to a vast market. Turkey offers an attractive destination for investors with its dynamic economy, young and educated population, developing infrastructure, and strategic location. Foreign investors must …
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Striking Headlines for Those Who Want to Invest in Turkey
Alper Şentürk | International Relations Turkey has a strategic location at the intersection of Europe, Asia, and Africa, providing access to global markets. It is a bridge country between East and West, Middle East and Central Asia. Expanding markets, investment incentives, and developing infrastructure opportunities have made Turkey an attractive location for investors. In addition, with its young and educated …
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Turkish Business Culture for Investors or Workers in Turkey
Mehmet Akif Özmen | MHR & Partners Chairman of the Board of Directors | Sworn in – CPA There is a famous story about Turkey’s business world. I asked a Japanese entrepreneur who had done business with Turks what he had learned in Turkey. He replied, “One Turk is smarter than one Japanese, but two Turks are not smarter than …
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Preparing a Business Plan for Starting a Company in Turkey
Mehmet Akif Özmen | Chairperson at MHR & Partners Do you want to establish a new company in Turkey, invest in, or expand an existing business in the Turkish market? If yes, the first question is: Do you have a business plan? There is a famous proverb that no wind helps a captain who does not know where he is …
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Export Value-Added Tax (VAT) Refund Guide For Turkey
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MHRPartner
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2 April 2023
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Tax
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Export, Tax, Turkey
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0 Comments
MHR & Partners Academy Exports ranks first in Turkey’s source of foreign currency revenues. One of the issues that exporting companies in Turkey are most curious about is how to collect VAT refund receivables in exports. In this guide, we clarify the issues that taxpayers are curious about the export VAT refund. What is Export VAT Refund? Value Added Tax …
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Taxation of Dividend Transfers Between Companies Established in Turkey and Germany
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MHRPartner
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2 April 2023
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Tax
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Germany, Tax, Turkey
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0 Comments
MHR & Partners Academy In this article, we deal with a highly technical taxation issue. Let us assume that a German resident company is a shareholder of a limited liability company established in Turkey. If the limited liability company established in Turkey wants to transfer its share of the profits to Germany, how will the taxation be for both companies? …
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