Compare Listings

Major Reforms of Turkey since 2001

Major Reforms of Turkey since 2001

Here is a list of reforms since 2001, which makes Turkey also a good reason to invest.

2001 – Coordination Council for the Improvement of the Investment Environment

2003 – New FDI Law / New Labor Law / Ease of company establishment (Law No: 4884)

2004 – Establishment and Operating Licenses

2005 – New Banking Law

2006 – Tax Reform (Corporate Tax %20 down from 33%) / ISPAT

2007 – New Insurance Law / Investment Incentives

2008 – Overhaul of Social Security System / R&D and Innovation Incentives

2009 – Upgrading Investment Incentives

2011 – New Commercial Code / New Code of Obligations

2012 – New Capital Market Law / Upgrading Investment Incentives / Removing Restrictions on Foreigners’ Purchases of Real Estate

2013 – Unifying All Exchanges (Stock, Derivative, Gold, etc.) under BIST

2014 – Istanbul Arbitration Center

2016 – Personal Data Protection Law / Upgrading Investment Incentives

2017 – Industrial Property Law (IPR) / Production Reform Package / New Labor Courts Code

2018 – improve doing business (Law 7099)

 

 

 

img

Est Ist

Related posts

Istanbul High Street Retail Market Overview

Istanbul High Street Retail Market Overview In this article we will mention about high street...

Continue reading
by Est Ist

Normalization in Turkey starts after virus restrictions

Normalization in Turkey starts after virus restrictions Domestic flights resume, while...

Continue reading
by Est Ist

Turkey will reopen its borders to travellers from ‘mid-June’

  Turkey will reopen its borders to travellers from ‘mid-June’ The country joins...

Continue reading
by Est Ist