Doing Business in Turkey: Establishment of Companies by Foreign Real Persons and Entities
This Briefing Note provides brief descriptions as to the types of corporations – namely, joint-stock company (“JSC” anonim şirket), limited liability company (“LLC” limited şirket), liaison office (“LO” irtibat bürosu) and branch office (“BO” şube) – and summarizes the basic differences of each in accordance with the applicable Turkish legislation to be considered through the eyes of foreign investors.