Set up a Company in Turkey
Set up a company in Turkey belongs to offshore incorporation. It is one of Tannet's business services.
• An important energy terminal and corridor in Europe connecting the East and the West Located at a close proximity of more than 70 percent of the world's proven primary energy reserves, while the largest energy consumer, which is Europe, is located right to the west of Turkey, thus making the country a linchpin in energy transit and an energy terminal in the region
• Corporate Income Tax reduced from 33 percent to 20 percent
• Tax benefits and incentives in Technology Development Zones, Industrial Zones and Free Zones could include total or partial exemption from Corporate Income Tax, a grant on employer's social security share, as well as land allocation
• R&D and Innovation Support Law Incentives for strategic investment to decrease imports, for large-scale investments, as well as for regional investments
• Customs Union with the EU since 1996 and Free Trade Agreements (FTA) with 20 countries (Ministry of Economy) This has resulted in the expansion of trade relations with Europe, which now accounts or 44% of Turkey's foreign trade.
• More FTAs underway Accession negotiations with the EU
• 32.6 million broadband internet subscribers in 2013, up from 0.1 million in 2002 (ICTA, TurkStat)
• 69.6 million mobile phone subscribers in 2013, up from 23 million in 2002 (TurkStat)
• 57 million credit card users in 2013, up from 16 million in 2002 (The Interbank Card Center of Turkey)
• 131 million airline passengers in 2012, up from 33 million in 2002 (TurkStat)
• 39.2 million international tourist arrivals in 2012, up from 13 million in 2002 (TurkStat)
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