Why Türkiye?

Türkiye ranks higher on the list than many countries regarding the highly educated and competitive workforce it has. As of 2020, approximately 1 million undergraduates graduate from more than 200 universities every year. The workforce in Türkiye experiences the biggest growth among the EU countries as it becomes more and more productive every day.

Türkiye offers highly extensive incentive programs for investors where they benefit from low taxes whether they seek to expanse their investments or start one. Hundreds of leading global companies in automotive, energy, and retail industries take advantage of competitive R&D incentives. Additionally, companies established in Free Zones located in many areas in Türkiye are exempt from tax.

Compliant with international standards, the investment regulations encourage foreign direct investments and protect the rights of the investors. Various laws and implementations provide an environment where all investors share equal rights. Even though the country saw a decrease in foreign direct investments in 2020 due to the COVID-19 outbreak, the figures of the past 18 years illustrate an increase of approximately fifteenfold in the number of companies with international capital in Türkiye. Particularly İstanbul has become a strong attraction center for foreign investors.

Thanks to the reforms introduced in the fields of innovativeness of production, the sustainability of growth, qualified workforce, and collaboration in the international market, the average time period required to start a business shortened to 6.5 days from 38.