Free Trade Zones (FTZ) in Turkey provide infrastructure, open and covered warehousing and ready-to-use factory sites to investors.

The registration and establishment of a company in Turkey can be completed in a few days after required documentations are duly prepared.

Both the employees and employers in Turkey are entitled to terminate employment contracts by following certain minimum notification periods, depending upon the length of the service of employees, without indicating any reason.

The General Directorate of Foreign Investment shall be officially informed about any share transfer to the foreign investors.

Employment laws in Turkey apply to Turkish nationals and foreign nationals alike. In addition, special provisions exist which regulate the employment and residence permits of foreign nationals who intend to work in Turkey.

As corporate entities, the net incomes of Joint Stock and Limited Liability Companies are subject to the corporation tax.