Invest in Türkiye
Build a sound tax and financial foundation for your investment in Türkiye.
Next CPA advises international companies planning to establish a business, invest, or expand operations in Türkiye. From pre-investment planning through establishment, launch, and ongoing tax and reporting, we assess the financial aspects of your investment as a whole.
01 · Planning
Tax and financial planning before investment
An investment decision involves more than company registration. The chosen business structure, financing, related-party transactions, VAT, incentives, employment, imports and exports, and future profit distributions can all affect tax and financial obligations in Türkiye.
We review the tax and reporting implications of your planned activities before establishment and use that assessment to inform decisions about your financial structure and ongoing obligations.
Choosing a company and operating structure
These are different ways to establish and conduct operations in Türkiye. We consider each option from a consistent tax, financing, and reporting perspective, then tailor our advice to the selected structure and your investment needs.
Joint-stock company (A.Ş.)
A Turkish company with its own legal identity. Capital and share arrangements, along with plans for future shareholders, are key considerations when assessing this option.
Limited liability company (Ltd.)
Another option for establishing a company in Türkiye. Ownership, management needs, and growth plans can be considered alongside the joint-stock company structure.
Branch
A way for a foreign company to conduct its Turkish operations through a branch connected to the head office. It can be considered alongside establishing a separate local company.
Liaison office
A structure for representation and coordination that does not conduct commercial activity. Planned activities must remain within the permitted scope.
Joint venture
A model for investing together with local or international partners. The legal structure and each partner’s role need to be determined separately.
International investors generally have the same rights and obligations as domestic investors when forming a company. Some sectors have additional permits or restrictions. Legal form and trade registry matters should be reviewed with qualified specialists.
02 · Getting started
From investment plan to operations
- 01
Assess the investment
Review the business model, ownership, and anticipated transactions from a tax and financial perspective.
- 02
Compare structures
Consider the tax and reporting effects of a company, branch, or other suitable structure.
- 03
Coordinate registration
Coordinate trade registry, tax registration, and establishment matters with authorized specialists.
- 04
Prepare financial processes
Address VAT, corporate tax, payroll and social security, electronic systems, and reporting requirements.
- 05
Support ongoing operations
Review tax advisory, Full-Scope Tax Certification (Tam Tasdik), VAT, incentives, and financial reporting needs.
Many company and trade registry processes use MERSİS. Foreign-invested businesses may also have E-TUYS reporting obligations depending on their circumstances; current requirements should be checked with official sources.
03 · Tax and incentives
Tax and financial obligations
Our assessment may cover the following areas, depending on your structure and transactions:
- Corporate income tax
- VAT and refund conditions
- Withholding taxes
- Employment taxes and social security
- Profit distributions
- International taxation
- Double taxation agreements
- Transfer pricing
- Import and export transactions
Applicable taxes, exemptions, and filing obligations depend on the business model, the nature of each transaction, and current legislation. We assess them in the context of your investment.
International tax and intra-group transactions
We assess transactions between your Turkish operations, overseas parent, and other group companies under Turkish tax law and relevant international agreements.
Transfer pricing
We review the arm’s-length and documentation aspects of goods, services, licensing, and financing transactions.
Profit repatriation
We assess dividends, withholding, and branch profit transfers under current law and the relevant treaty.
Double taxation agreements
We assess agreement provisions for cross-border services, payments for intangible rights, and financing in light of each transaction.
Tax and financial implications of investment incentives
The sector, location, scale, and technology level of an investment can affect which incentives may be relevant. We consider the investment incentive system, technology development zones, R&D and design activities, and free-zone rules against their respective conditions.
We assess potential tax and accounting effects alongside your investment plans. Access to an incentive depends on meeting its applicable conditions and completing the required application and review process.
How location affects tax and financial planning
Operating in an organized industrial zone, technology development zone, or free zone may have different tax and financial implications. We consider the relevant conditions together with your operational needs.
04 · Our services
Next CPA services for your investment in Türkiye
Pre-investment financial assessment
We review the tax and financial implications of planned activities to inform your investment decision.
Company and operating structure review
We consider company and operating structures alongside your financing plan and reporting needs.
Tax and incentive assessment
We review relevant incentive conditions and tax rules, including their financial implications for your investment.
Preparing to start operations
We help prepare tax registration, electronic systems, and financial reporting processes for the start of operations.
International tax and transfer pricing
We review group transactions and cross-border payments in light of Turkish tax and documentation requirements.
Ongoing tax and financial advisory
As operations develop, we support tax advisory, Full-Scope Tax Certification (Tam Tasdik), VAT, and financial reporting needs.
We provide tax, certification, and financial advisory services. For legal matters, trade registry procedures, and sector-specific permits, we coordinate with appropriately authorized specialists.
Assess your investment in its industry context
Tax, incentives, financing, and reporting needs differ by sector.
Manufacturing
Financial and tax support for manufacturing costs, inventory and working capital, investment incentives, and reporting.
ManufacturingEnergy Sector
Tax, incentives, financial planning, project finance, and reporting support for energy investments.
Energy SectorFinancial Services
Tax, certification, reporting, and financial advisory support for financial institutions in Turkey.
Financial ServicesConstruction Industry
Tax, progress payment, project costing, VAT, Social Security, and financial reporting support for construction companies.
Construction IndustryHealthcare and Pharmaceuticals
Tax, certification, reimbursement-related financial assessment, and reporting support for healthcare providers and pharmaceutical companies in Turkey.
Healthcare and PharmaceuticalsTechnology Sector
Tax and financial support for Technology Development Zone and R&D incentives, software income, VAT, service exports, transfer pricing, and reporting.
Technology SectorRetail
Financial and tax support for retail companies across inventory, VAT, e-commerce, margin analysis, and reporting.
Retail05 · Resources
Related services and regulatory updates
Tax Services
Full-Scope Tax Certification, VAT refund and offset services, tax advisory, and other statutory certification work.
Explore this serviceAdvisory
Financial, corporate, and business advisory services for companies.
Explore this serviceOther Services
Accounting, tax and financial legislation training, with financial crime compliance advisory.
Explore this serviceRegulatory updates
Current tax and financial regulations, notices, and guidance.
Browse publicationsOfficial investment resources
Find current information and procedures for company establishment, investment incentives, and tax matters from the official sources below.
Invest in Türkiye · Establishing a Business
Invest in Türkiye · Incentives Guide
Invest in Türkiye · Investment Zones
Turkish Revenue Administration · Tax Resources
Ministry of Trade · MERSİS
06 · Questions
Frequently asked questions
Can a foreign company establish a company in Türkiye?
International investors generally have the same rights and obligations as domestic investors when forming a company. Sector-specific permits or restrictions should be reviewed separately.
How should I choose between a joint-stock and a limited company?
The choice should reflect the investment scale, ownership, financing model, and growth plans. We compare the tax and financial implications of both options to inform your decision.
Can a foreign company operate through a branch in Türkiye?
A foreign company may operate through a branch if it meets the applicable conditions. We compare the branch’s tax and financial implications with those of establishing a Turkish company.
What conditions apply to investment incentives?
Conditions vary according to the sector, location, scale, and nature of the investment. We review relevant incentive rules and their financial implications for each project.
What support does Next CPA provide during company establishment?
We advise on the tax and financial aspects of establishment and coordinate with authorized specialists on legal and trade registry procedures. We also help prepare the financial processes needed to start operations.
Can we receive support after operations begin?
Yes. We support tax advisory, Full-Scope Tax Certification (Tam Tasdik), VAT, and financial reporting as operations develop. The scope is tailored to your activities and needs.
Let’s assess the financial side of your Türkiye investment.
Tell us about your planned activities, investment structure, and goals. We can discuss how Turkish tax and financial requirements affect your decisions.