How To Establish A Liaison Office

Foreign registered companies planning to invest in Turkey should establish liaison offices that are regulated by the Regulation for Implementation of Foreign Direct Investment Code ("the Regulation") before they investment to promote their commercial activities, analyze the market and follow the Turkey's business opportunities.

Liaison offices are different from branch offices. Unlike branch offices, liaison offices do not engage in income-generating commercial activities, according to foreign capital regulations. Additionally, all expenses should be covered by foreign currency. As a result of such conditions, the economic structure of the liaison office is closely monitored. The activities of the liaison office is usually controlled ex officio by the Ministry or upon written notification from relevant institutions and organizations.