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ARTICLE · 16 OCTOBER 2020

Liaison Offices In Turkey

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The...

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In this article, we will reveal essential points of establishing and operating a liaison office in Turkey.

TurkeyCorporate/Commercial Law
  1. General Overview

Turkey, as an investment hub in its region, attracts foreign investors to invest in the country and to further encourage foreign investment, Turkish authorities allow foreign companies to establish liaison offices to do necessary research in their industries. Thanks to this opportunity, foreign investors may become familiar with the dynamics of the Turkish market before starting their commercial activities in Turkey. As this alternative aims for foreign investors to do the required research in the Turkish market and create new business opportunities for themselves, it is strictly forbidden for liaison offices to carry out commercial activities. The requirements for opening and operating liaison offices are regulated under the Foreign Direct Investment Law No. 4875 and the Regulation on Implementation of the Foreign Direct Investment Law ("Regulation"). In this article, we will reveal essential points of establishing and operating a

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