Visual infographic explaining IFRS reporting in Turkey with icons for international financial standards

IFRS Reporting in Turkey: A Strategic Advantage for Multinational Companies

As Turkey becomes a key hub for international business and investment, IFRS reporting in Turkey plays a critical role for multinational companies. Companies with foreign shareholders or group-level structures rely on consistent, transparent, and comparable financial statements based on International Financial Reporting Standards (IFRS). In this article, we explore the…
Non-resident bank account Turkey – symbolic image of a historic building in Istanbul

How Non-Resident Companies and Individuals Can Open a Bank Account in Turkey

Opening a bank account in Turkey as a non-resident company or foreign individual is entirely possible — but it requires strict adherence to KYC (Know Your Customer) procedures, documentation standards, and local tax requirements. In this guide, we explain the full process step-by-step, including required documents, common questions, and compliance…
Business handshake symbolizing employment contract transfer in Turkey

Can Employment Contracts Be Transferred in Turkey?

As workforce structures rapidly evolve with digital transformation and globalization, the concept of transferring employment contracts between employers has become increasingly relevant. But is it legally possible to transfer an employment contract in Turkey? If so, under what conditions—and what are the obligations of both the transferring and receiving employers?…
Title graphic showing 'Liaison Office in Turkey' with a map of Turkey, location pins, and document icons symbolizing non-commercial business presence

Liaison Office in Turkey: A Strategic Gateway for Foreign Companies

Thinking about entering the Turkish market without setting up a company? A liaison office offers a tax-efficient, legally compliant solution for foreign businesses seeking presence without commercial activity. Learn how to establish one, what activities are allowed, and how it compares to opening a branch.
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