Private Equity Real Estate Funds In Turkey

At the core of every international private equity fund is achieving maximum tax efficiency among the jurisdictions where the investments are located (and income generated), the shares are held of special purpose vehicles ("SPV's) – also known as single asset companies, and the domicile of the investors. The primary factors that will determine how and where a fund is structured are (i) the investment vehicle must be transparent in that profits and gains are not taxed at the entity level, only at the investor level (no double taxation); (ii) the investment vehicle must protect the investors as well as the shares of the fund (limited liability); (iii) there should not be any laws or regulations inhibiting the investment activities of the fund; and (iv) that the vehicle can be established as a closed-end fund.