Legal Framework of Investment in Turkey

Turkey has always been a country that attracts the attention of investors due to its geopolitical position. Legislation regarding investment is shaped in line with the social and economic policies of the country. It is seen that our country has accepted investment-friendly regulations in the process...

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Main Author: Ebru Şensöz Malkoç
Format: Article
Language:English
Published: Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi) 2023-06-01
Series:Journal of International Trade, Logistics and Law
Subjects:
Online Access:http://www.jital.org/index.php/jital/article/view/372
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author Ebru Şensöz Malkoç
author_facet Ebru Şensöz Malkoç
author_sort Ebru Şensöz Malkoç
collection DOAJ
description Turkey has always been a country that attracts the attention of investors due to its geopolitical position. Legislation regarding investment is shaped in line with the social and economic policies of the country. It is seen that our country has accepted investment-friendly regulations in the process up to now. In this context, the “Foreign Direct Investments Law” dated 2003 and numbered 4875 is the Law which should be examined as a priority. This Law brought two important changes in investment law. One of these innovations is the transition from the permission system to the notification system in foreign investment. The other innovation is related to who can be considered as a foreign investor. With the new regulation, Turkish citizens residing abroad will also be able to get investor status. We define stocks and capital market investments less than 10% and not giving a control on the company as indirect investments. Within the scope of our study, direct investments, indirect investments and their legal framework will be explained in accordance with the relevant legislation.
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publishDate 2023-06-01
publisher Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)
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series Journal of International Trade, Logistics and Law
spelling doaj.art-127b95d504e942f6973cd713574609cc2023-06-03T14:30:21ZengCollaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)Journal of International Trade, Logistics and Law2149-97482023-06-0191285290Legal Framework of Investment in TurkeyEbru Şensöz MalkoçTurkey has always been a country that attracts the attention of investors due to its geopolitical position. Legislation regarding investment is shaped in line with the social and economic policies of the country. It is seen that our country has accepted investment-friendly regulations in the process up to now. In this context, the “Foreign Direct Investments Law” dated 2003 and numbered 4875 is the Law which should be examined as a priority. This Law brought two important changes in investment law. One of these innovations is the transition from the permission system to the notification system in foreign investment. The other innovation is related to who can be considered as a foreign investor. With the new regulation, Turkish citizens residing abroad will also be able to get investor status. We define stocks and capital market investments less than 10% and not giving a control on the company as indirect investments. Within the scope of our study, direct investments, indirect investments and their legal framework will be explained in accordance with the relevant legislation. http://www.jital.org/index.php/jital/article/view/372investment in turkeyforeign direct investment lawdirect investmentindirect investment
spellingShingle Ebru Şensöz Malkoç
Legal Framework of Investment in Turkey
Journal of International Trade, Logistics and Law
investment in turkey
foreign direct investment law
direct investment
indirect investment
title Legal Framework of Investment in Turkey
title_full Legal Framework of Investment in Turkey
title_fullStr Legal Framework of Investment in Turkey
title_full_unstemmed Legal Framework of Investment in Turkey
title_short Legal Framework of Investment in Turkey
title_sort legal framework of investment in turkey
topic investment in turkey
foreign direct investment law
direct investment
indirect investment
url http://www.jital.org/index.php/jital/article/view/372
work_keys_str_mv AT ebrusensozmalkoc legalframeworkofinvestmentinturkey