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Start a Business in Turkey – Business Consultations2018-09-06T15:42:32+00:00

Establishing a Business in Turkey 

At the crossroads of Europe and the Middle East, Turkey presents promising immediate and long-term opportunities for the investors. Turkey’s growing economy, advantageous geographical position, expanding the middle class, youthful population (average age of 31), and dynamic entrepreneurial class has made this country a growing market for all investors.
So, if you thought about investing in Turkey or expanding your current business, you had already made the right decision. Turkey offers lots of business opportunities.

Turkey is one of the most growing economies in the world from its geographical location, diversified economy and ease of investment compared to many other countries.

Reasons to invest in Turkey 

Turkey has a long history, cultural heritage, and vibrant social life which makes it attractive to people of all kinds. Seas encircle it on three sides: the Aegean Sea is to the west, the Black Sea to the north, and the Mediterranean Sea to the south, which opens the access to approximately 1.6 billion customers in Europe, Eurasia, the Middle East and North Africa. Istanbul is the only city that is located on two continents at the same time (Asia and Europe) and is a hub from where you can reach anywhere.

Istanbul is one of the fastest growing metropolises in the world with still reasonable prices comparing to other big cities around the globe.

Also, Turkey is one of the most stable countries in the region, offering a peaceful environment and welcoming people of all origins.

  • Turkey is vastly becoming a beloved country for foreign investors since the Turkish government has deemed it fit to reform the economy by the privatization of government-owned industries and also the liberalization of another key sector of the economy.

  • It’s located at the heart of a market, within proximity to 1.5 billion people and US$25 trillion in GDP in total. Many multinational corporations have recognized this advantage by moving their international headquarters to Turkey.

  • So, if you are an investor intending to start your business in Turkey, here are some of the points that characterize Turkey as a wonderful country for investment.

  • There are currently 145,000 Turkish entrepreneurs operating in Europe, employing proximately 627,000 people.

  • Turkey has access to 1.5 billion customers in Europe, Eurasia, the Middle East and North Africa and the market with a total $25 trillion GDP.

  • Turkey is one of the fastest growing energy markets in the world. The demand for electricity in the country is estimated to grow at an annual 6% between 2009 and 2023.

  • Turkish banking sector is one of the most robust among Europe, registering the growth rate of 25% between 2002 and 2010.

  • Turkish construction industry is one of the main forces of the economy, it has grown up to 10% in 2011 and provides 50% of the economic output and 7% of the whole employment.

The Turkish economy is ranked 13th among the world’s largest economies and 5th largest economy compared to the European Union in 2016 (GDP at PPP, IMF WEO)
An institutionalized economy was fueled by $144 billion of FDI in the last decade (CBRT) and attracts about $15 billion annually as foreign investment in Turkey.

Also, Turkey has a stable economic growth with an average annual real GDP (Gross Domestic Product) growth rate of 5.6% between 2002 and 2016.

It is a promising economy with a bright future as it is expected to become one of the fastest growing economies among the OECD members during 2017-2020 with an average annual real GDP growth rate of 5.4% (OECD)

Your Business With OK TAMAM 

  • We ensure you that all formal processes and procedures regarding the establishment of your company in Turkey will be fully managed by our company.

  • We provide you with a virtual address (Virtual Office in Turkey), which is 100% legal address given to you by the state for three months so you can start your business in Turkey quickly and you have enough time to determine the place that suits you without rushing. At this time, you can transfer your address easily to your new location, or you can also continue with us at the virtual office, but with an additional cost that will be explained later.

  • OK TAMAM offers you free legal advice for one year. Our team will also help you in writing your contracts, reviewing them with you, and giving advice about some important decisions.

  • Merchant Card: It is an ID card which identifies you as a trader and business owner in Turkey, as well as providing some benefits such as discounts in some hotels, restaurants and health centers.

  • Access to company’s accounting records for one year free of charge (the cost of accounting records is $285 per year)

  • 1000 personal cards as a gift until you start your work officially.

  • Your website with tr domain extensions (yourcompanyname.tr), which requires a Turkish company with registered name.

  • OkTamam helps you to appoint a legal accountant and suggests some names of accountants that we trust and work with to help you reach your business planning goals.

  • OK TAMAM will help you to have a copyright & trademark registration to protect your brand.

  • OK TAMAM will help you to find the appropriate headquarters with the estimated budget needed to suit the Investment volume.

  • OK TAMAM will help you to get landline, Internet and mobile lines for your company.

  • We will get your business listed in Google Business to start building the visibility of your company in Google Maps and Google Search and make it easier and more accessible for your customers to reach you.

  • 50% discount for your website design in Arabic and Turkish, so you can start marketing your services to prospective customers.

  • 50% discount on mobile application design on iPhone, Android, and other cell phones.

If you need further information on the legal assistance provided for the incorporation procedure

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