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ARTICLE · 02 JULY 2018

Turkey Launches Electronic Notification System for Foreign Direct Investments

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In Turkey, foreign oriented or included companies must notify the authorities about their capital structures, share transfers and other activities.

TurkeyGovernment, Public Sector

In Turkey, foreign oriented or included companies must notify the authorities about their capital structures, share transfers and other activities. The Ministry of the Economy has announced an electronic system for such notifications, called the Electronic Information System on Incentive Implementation and Foreign Capital ("System").

The Regulation Amending the Regulation for Implementation of Foreign Direct Investment Law ("Amendment Regulation") was published in Official Gazette number 30348 on 1 June 2018.

Qualifying companies must apply to the General Directorate of Incentive Implementation and Foreign Capital ("General Directorate") to authorize users who will use the System on the company's behalf.

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