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COUNTRY PERSPECTIVES - TURKEY
The investment promotion agency: Invest in Turkey
Invest in Turkey, the Investment Support and Promotion Agency of Turkey, is the official organization which promotes investment in Turkey. Reporting directly to the Prime Minister, Invest Turkey presents investment opportunities to members of the global business community and assist them in their investments in Turkey.
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Invest in Turkey, the investment promotion agency

The Agency serves as the reference point for international investors and the point of contact for all institutions engaged in promoting and attracting investments at national, regional and local levels.

Acting as a one-stop shop for major investments, its main tasks among others include:
- Providing full information on how to set up a business in Turkey
- Advising on investment incentives, processing applications and issuing incentive certificates, in its capacity as sole governmental authorising agency in this area
- Providing information on labour, infrastructure, trade, investment sites, Turkish legislation, and all other topics relating to Turkish business matters
- Identifying investment sites on the basis of investor preferences
- Providing guidance for administrative, legal, tax and labour procedures
- Facilitating contacts and identifying suitable local partner counterparts
- Assisting international investors to organise fact-finding tours in Turkey

To attract greater foreign investment the government adopted new legislation regarding foreign direct investment under law N 4875 of 2003. This law stipulates that according to the law, there are generally no restrictions to FDI except for certain sectors ruled by specific laws.

Through their domestic partners and international representatives network in 11 countries, Invest in Turkey provides an extensive range of services to investors with a one-stop-shop approach and assist them in extracting the best results from Turkey.

Sites web :
www.invest.gov.tr
www.treasury.gov.tr

 
Other institutions dealing with FDI

- Under Secretary of Foreign Trade: http://www.dtm.gov.tr/English/doing/iginvest/invest.htm
- Union of Chambers and Commodity Exchanges of Turkey (TOBB): www.tobb.org.tr
- Turkish Industrialists' and Businessmen's Association (Tüsiad): www.tusiad.org.tr
- International Investors Association of Turkey (Yased): www.yased.org.tr
- Small and Medium Industry Development Organisation (Kosgeb): www.kosgeb.gov.tr
- Foreign Economic Relations Board (DEIK): www.deik.org.tr
- Export Promotion Centre (IGEME): www.igeme.gov.tr
- Istanbul Chambre of Trade: www.ito.gov.tr
- The EU Turkish Business Centres (ABIGEM) are designed to support Turkish small and medium enterprises (SMEs) by providing them with management and economic development services: www.abigem.org
 
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