Turkey flag Turkey: Investing in Turkey

Investment framework and opportunities in Turkey

Procedures Relative to Foreign Investment

Freedom of Establishment
There are no general limits on foreign ownership or control.  However, there is increasing pressure in some sectors for foreign investors to partner with local companies and transfer technology, and some discriminatory barriers to foreign entrants, on the basis of “anti-competitive practices,” especially in the information and communication technology (ICT) sector or pharmaceuticals.
Acquisition of Holdings
Foreign investments are not restricted and a notification is made to the General Directorate of Foreign Investments after completion of the transaction.
Obligation to Declare
The Capital Markets Law is the primary legislation governing public companies. This law also applies to public M&As, together with the Turkish Commercial Code. Takeover and merger rules are regulated and supervised by the Capital Markets Board, which is authorised to conduct investigations, request information and apply sanctions for non-compliance.
Competent Organisation For the Declaration
Capital Markets Board
Requests For Specific Authorisations
If the target is active in a regulated sector (such as telecommunications, energy, banking and financial services), approval from that sector's regulator may be required.
In sectors considered to be strategic - such as petroleum, media (radio and TV) and tourism - acquisitions are limited to a certain amount (law n° 6326 of 1954).

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Investment Opportunities

Investment Aid Agency
Presidency of The Republic of Turkey Investment Office
Tenders, Projects and Public Procurement
Tenders Info, Tenders in Turkey
Globaltenders, Tenders & Projects from Turkey
DgMarket, Tenders Worldwide: Turkey
Other Useful Resources
Invest in Turkey (Turkish Investment Consultancy)

Find out more about Investment Service Providers in Turkey on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: June 2022

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