Foreign companies may open liaison offices in Turkey as long as their main function is to conduct market research, feasibility studies and find investment opportunities for the company. Commercial activity cannot take place.
Turkey’s new foreign direct investment law has not changed the procedures for liaison offices. Therefore, permission from the Undersecretariat of Trade, General Directorate of Foreign Trade must be granted to establish such an office. Initial permission is granted for three years. Extensions may also be filed.
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