How to Establish a Pharmaceutical and Food Supplement Company in Türkiye: Licensing and Compliance Guide
Starting a pharmaceutical and food supplement company in Türkiye requires careful planning, licensing, and compliance with strict regulatory standards. The most suitable company structures for such operations are: Joint Stock Company (A.Ş.)Limited Liability Company (Ltd. Şti.) This guide covers company incorporation, required permits, regulatory approvals, and personnel requirements for both manufacturing and import/export businesses. 1. […]
How to Obtain a Tourism Business Certificate in Turkey: Licensing and Documentation Guide
A Tourism Business Certificate in Turkey is required for companies operating in the country’s tourism sector., including hotels, guesthouses, travel agencies, tour operators, guiding service providers, restaurants, cafes, and entertainment facilities. This certificate ensures that businesses comply with industry regulations and meet quality standards set by the Ministry of Culture and Tourism. This guide outlines […]
Establishing an Insurance Brokerage Company in Türkiye: Licensing and Documentation Requirements
Establishing an insurance brokerage company in Türkiye involves a two-step process: Below is a detailed guide on the required documents and regulatory compliance for establishing an insurance brokerage company in Türkiye as a legal entity. 1. Required Documents for Legal Entity Insurance Agencies The following documents must be submitted to the relevant Chamber of Commerce: […]
Opening a Law Office in Türkiye: Required Documents and Legal Procedures
Opening a law office in Türkiye requires compliance with specific legal regulations, obtaining the necessary permits, and preparing required documents. Lawyers planning to establish a law firm or solo practice should carefully follow the procedures to avoid any legal issues. In this article, we outline the documents, permits, and registration steps needed to open a […]
Turkish Ship Registry Procedures and Compliance
Türkiye’s maritime sector operates under strict ship registration and compliance procedures regulated by the Ministry of Transport and Infrastructure. Whether registering a cargo or passenger ship, changing ownership, or applying for financial leasing, all transactions must comply with MGS (National Ship Registry) and TUGS (Turkish International Ship Registry) regulations. This article provides an overview of […]
Regulations and Procedures for Cargo and Passenger Transportation in International Waters
In Türkiye, ships engaged in cargo and passenger transportation both within the Blue Homeland and in international waters must comply with specific regulations. The Ministry of Transport and Infrastructure provides an online platform, the Umurbey Citizen Portal (Umurbey Portal), where individuals and legal entities can submit all necessary applications digitally. This article outlines the conditions, […]
Bonded Warehouse in Turkey: Opening and Operating Conditions, Required Documents
Bonded Warehouse in Turkey plays a crucial role in international trade, facilitating import and export processes. In Türkiye, individuals and legal entities wishing to open and operate a bonded warehouse must comply with specific regulations. This article outlines the process of opening a bonded warehouse, the necessary documents, and the operational requirements. Requirements for Opening […]
Inheritance Tax, Inheritance Procedures, and Citizenship by Investment in Turkey
Inheritance Tax In Turkey, inheritance tax is applied to the assets inherited by legal heirs after the death of an individual. This tax is calculated based on the total value of the inheritance as follows: Tax Base Through Inheritance (%) Gratuitous Transfers (%) Up to 1,700,000 TL 1 10 Next 4,000,000 TL 3 15 Next […]
Annual Income Tax Declaration for Employees in Turkey (2024)
According to the Turkish Income Tax Law, wages include monetary payments, in-kind benefits, and other earnings convertible into money, provided by an employer in exchange for services. The circumstances requiring an Annual Income Tax Declaration for Employees in Turkey are detailed below with updated figures. 1. Income from a Single Employer As of 2024, individuals […]
Minimum Wage in Turkey
Discover the updated minimum wage in Turkey for 2025: Description Gross (TRY) Net (TRY) Minimum Wage 26,005.50 22,104.67 Tip: Knowing the minimum wage is crucial for both employees and employers in Turkey. ———————————————————————————- Insurance Premium Base Earnings Limits Stay updated on social security premiums in Turkey for 2025: Daily Earnings Limit (TRY) Monthly Earnings Limit […]