Business-Friendly Turkey
Turkey is an attractive destination for foreign entrepreneurs looking to invest and expand their businesses in Turkey. The reasons to invest in Turkey are its strategic location, and the skilled and well-trained workforce with a friendly environment for business. And investment in Turkey has increased 8.5 times in the last ten years, emerging into a market like Brazil, Russia, India, and China.
Istanbul has been an essential city, attracting foreign investments in the last few years because of the only region spreading over two continents; Asia and Europe, with its well-developed infrastructure and well-trained workforce. Investors also choose Ankara, Izmir, and Bursa for setting up their companies as these cities are the most developed.
Turkey is chosen by investors as it has been recently industrialized and offers more business opportunities for development. You can develop business with low competition compared to any other country where there is higher market demand. You can also benefit from the low costs due to low wages for employees and other facilities.
You can take your business model from developed countries and implement it in Turkey, where your business can have great success. Initial costs for investments will be lower than in any other country like Western Europe.
Legislation related to foreign investments has changed in the last few years. Additionally, the business environment in Turkey has become more friendly for foreign entrepreneurs.
Opening a company in Turkey has never been this easy, and the Turkish authorities offer great incentives for foreign investors, where they can benefit from low taxation if they choose to start their business in a free zone.