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Turkey has become a new economic powerhouse and an ideal location for production with its unique geopolitical status giving direct access to Europe, Caucasus, Central Asia, the Middle East and North Africa.

Turkey's Draft Bill proposes significant expansions to tax incentives within the Istanbul Finance Center and introduces a new framework for qualified service centers.

Because of Turkey’s dynamic and growing economy, huge market size and competitive and skilled labor force with a young population, foreign investors are widely interested in investing in Turkey.

Direct investment by the nationals of foreign states in the Turkish territory is mainly regulated in the Foreign Direct Investment Law No. 4875. The following main principles govern foreign direct investments.

Turkey has introduced a support scheme for investments into R&D, innovation, and high value-added projects.

Turkey has established sovereign wealth fund, with a primarily domestic focus.

2020 was a difficult year for businesses as humanity started to live through the first global disaster of the millennium, the Covid-19 pandemic.

It is without a doubt that countries across Europe and the Middle East have experienced a flood of difficulties over recent years.

Turkey has always been a friendly environment for foreign investment and has been allowing foreigners to buy real property since 1934 with certain restrictions and requirements.

Turkish Citizenship by Investment Program was newly introduced on 12.01.2017 and amended on 18.09.2018. Owing to the new system...

US bidders had the opportunity to capitalize on the strength of the dollar in 2022, which rallied as the Federal Reserve took action on its interest rate policy to curb inflation...

The Turkish Competition Authority (the "TCA") published its annual "Mergers and Acquisitions Overview Report" (the "Report") on 5 January 2024.

Foreign companies may establish a liaison office in Türkiye rather than establishing a joint stock company or a limited liability company before deciding to invest in Türkiye.

Turkey has a rather strict policy regarding foreign employment where the application procedures are tied to numerous criteria.

In recent years, with the increase of global economic integration and the acceleration of liberalization in international trade and financial activities; countries that can be categorized as...

The regulation amending the Regulation regarding the Implementation of the Law on Turkish Citizenship (the "Amending Regulation") has been published in the Official Gazette No. 31711...

Overall, this article aims at highlighting growing investment opportunities in Turkey. In doing so, this paper will also clarify the effort of Pi Legal Consultancy family...