Navigate Turkey's Business Landscape with Confidence

Strategic consulting services designed for foreign investors entering the Turkish market. From market entry strategy to operational excellence, we transform regulatory complexity into competitive advantage.

The Challenge of Entering Turkey's Dynamic Market

Turkey’s strategic position between Europe, Asia, and the Middle East presents extraordinary opportunities for international businesses. However, foreign investors consistently face critical challenges that can derail market entry success:

Common Market Entry Obstacles:

Regulatory Complexity  Turkey’s multi-layered regulatory framework spans tax law, commercial codes, labor regulations, and sector-specific requirements. Corporate tax rates of 25% (30% for financial institutions), VAT at 20%, and mandatory e-invoice/e-dispatch thresholds demand specialized knowledge.

Cultural & Bureaucratic Navigation – Language barriers, unfamiliar business protocols, and Byzantine administrative processes create delays and costly mistakes for foreign enterprises.

Strategic Positioning – Without local market intelligence, companies struggle to identify optimal business structures (LTD vs JSC), understand free zone advantages, or capitalize on government incentive programs.

Operational Integration – From SGK payroll compliance to quarterly tax filings, ongoing Turkish business operations require constant regulatory vigilance.

Our consulting services eliminate these barriers. We provide the local expertise, strategic foresight, and hands-on implementation support that transforms Turkey market entry from daunting to decisive.


End-to-End Consulting Solutions for Every Stage of Your Turkish Operations

1. Market Entry Strategy & Feasibility Analysis

Understanding Turkey’s market dynamics is essential before committing capital. Our market entry consulting provides:

  • Comprehensive Market Research – Industry analysis, competitive landscape assessment, consumer behavior insights, and growth trend evaluation specific to your sector
  • Feasibility Studies – Financial projections, risk assessment matrices, ROI modeling, and capital requirement planning
  • Regulatory Pathway Mapping – Complete analysis of legal requirements, licensing procedures, and compliance obligations for your industry
  • Entry Structure Optimization – Strategic recommendations for business entity selection (Limited Liability Company, Joint Stock Company, Branch Office, or Liaison Office)
  • Free Zone & Incentive Analysis – Evaluation of Turkey’s 20+ free zones and government incentive programs to maximize tax efficiency and operational benefits

Outcome: A clear, actionable roadmap that minimizes risk and positions your company for sustainable success in the Turkish market.

2. Business Structure & Company Formation Advisory

Choosing the right business structure in Turkey directly impacts tax obligations, liability exposure, and operational flexibility. Our advisory services include:

  • Entity Selection Consulting – Detailed comparison of LTD (Limited Şirket) vs JSC (Anonim Şirket) structures, including capital requirements, governance obligations, and tax implications
  • Strategic Capital Planning – Guidance on minimum capital requirements, capital allocation strategies, and foreign investment registration
  • Ownership Structure Design – Shareholder agreement frameworks, foreign ownership optimization (100% foreign ownership permitted), and profit repatriation strategies
  • Liaison Office Consultation – Complete guidance for establishing representative offices for market research and relationship building without commercial activity
  • Free Zone Company Formation – Specialized consulting for companies seeking customs advantages, tax exemptions, and simplified foreign trade procedures

Why This Matters: Turkey Commercial Code requirements are complex. Wrong entity selection can result in unnecessary tax burden, administrative complexity, or limited operational scope.

3. Regulatory Compliance & Risk Management

Turkey’s regulatory landscape evolves continuously. Our compliance consulting ensures your operations remain fully compliant while minimizing administrative burden:

  • Tax Compliance Strategy – Corporate income tax (25%/30%), VAT (20%), withholding tax, and transfer pricing optimization
  • E-Document System Implementation – Mandatory e-invoice (≥3M TRY threshold) and e-dispatch (≥10M TRY threshold) system setup and compliance
  • Labor Law Compliance – Employment contract frameworks, minimum wage compliance, severance calculations, and termination procedures aligned with Turkish Labor Law
  • Sector-Specific Regulations – Industry-specific licensing, permits, and regulatory requirements (manufacturing, retail, technology, finance, healthcare, etc.)
  • Foreign Capital Registration – Complete management of foreign investment notification to Ministry of Commerce and central bank reporting
  • Ongoing Compliance Monitoring – Quarterly tax filing coordination, annual financial statement preparation, and regulatory update alerts

The Celikel CPA Advantage: We proactively identify compliance risks before they become problems, saving you from penalties, operational disruptions, and reputational damage.


Effective tax strategy in Turkey can significantly impact your bottom line. Our financial consulting services include:

  • Tax Efficiency Planning – Legal tax minimization strategies including depreciation optimization, R&D incentives, and international tax treaty leverage
  • Transfer Pricing Documentation – Arm’s length principle compliance, comparability analysis, and documentation for related-party transactions
  • VAT Recovery Strategies – Input VAT optimization, export VAT refund procedures, and indirect tax planning
  • Free Zone Tax Benefits – Complete analysis of corporate tax exemptions, VAT exemptions, and customs duty advantages available in Turkish free zones
  • Profit Repatriation Planning – Dividend withholding tax optimization and currency transfer strategies for returning profits to parent companies
  • Financial Forecasting & Budgeting – Multi-year financial modeling, cash flow projections, and scenario planning for Turkish operations

Result: Optimized tax position that maintains full compliance while maximizing profitability.

Beyond formation and compliance, we help optimize your Turkish operations for peak performance:

  • Payroll & SGK Management Strategy – Social security registration, employee contribution calculations, monthly declaration procedures, and severance fund planning
  • Accounting System Implementation – Turkish GAAP-compliant accounting infrastructure, chart of accounts design, and financial reporting frameworks
  • Internal Control Development – Risk assessment procedures, segregation of duties frameworks, and audit-ready documentation systems
  • Vendor & Contract Management – Turkish contract law compliance, supplier relationship strategies, and payment term optimization
  • Business Expansion Consulting – Multi-location strategies, regional market penetration plans, and scaling frameworks
  • Digital Transformation Advisory – Financial technology implementation, automated reporting systems, and data analytics integration

Our Approach: We implement systems that reduce administrative overhead while improving financial visibility and control.

Strategic Advisory & Growth Consulting

For established operations seeking to maximize their Turkish market presence:

  • Market Expansion Strategy – Geographic expansion planning, new product/service launch strategies, and customer acquisition frameworks
  • Mergers & Acquisitions Advisory – Target identification, due diligence support, valuation analysis, and integration planning
  • Joint Venture Structuring – Partnership frameworks, equity arrangements, governance structures, and exit provisions
  • Government Relations Support – Incentive program applications, ministry liaison coordination, and public sector bid consulting
  • Crisis Management & Restructuring – Financial turnaround strategies, debt restructuring plans, and operational recovery roadmaps

Discovery & Analysis

Initial consultation to understand your business objectives, market entry timeline, and specific challenges. Comprehensive analysis of your industry, regulatory requirements, and optimal structure.

Implementation Support

Hands-on guidance through every phase of execution. Direct coordination with government agencies, banks, and regulatory bodies on your behalf.

Strategic Planning

Development of customized roadmap with clear milestones, timeline, responsibilities, and success metrics. Identification of risks and mitigation strategies.

Ongoing Partnership

Continuous compliance monitoring, strategic advisory, and operational support to ensure long-term success in the Turkish market.

Specialized Consulting Across Key Industries

Each industry presents unique regulatory requirements and strategic opportunities. Our specialized knowledge ensures your consulting strategy aligns with sector-specific realities.

Your Competitive Advantage in Turkey

Differentiation Points:

1. Integrated Service Model Unlike pure consulting firms, we combine strategic advisory with full-service accounting, tax, and compliance implementation. You get both the strategy AND the execution.

2. Deep Regulatory Expertise Our certified CPAs (SMMM) maintain current knowledge of Turkish Commercial Code, Tax Procedure Law, Social Security Law, and sector-specific regulations. We speak fluent “regulatory Turkish.”

3. Foreign Investor Focus We specialize in serving international companies. Our entire service model is designed around the unique needs, communication preferences, and expectations of foreign investors.

4. Transparent, Modern Communication English-language service delivery, cloud-based documentation access, regular progress updates, and responsive communication. No surprises, no confusion.

5. Long-Term Partnership Mindset We’re not transaction-focused consultants. We build enduring relationships and become an extension of your team, invested in your ongoing success.

6. Proven Track Record Successfully guided numerous foreign companies through Turkish market entry across diverse industries. Our clients remain with us because we deliver results.

Entry into the Turkish market

Process Flow:

Initial Consultation ↓ Contact us to schedule a detailed consultation. We’ll discuss your business objectives, timeline, and specific consulting needs.

Proposal & Scope ↓ Receive a detailed proposal outlining our recommended approach, timeline, deliverables, and engagement terms.

Engagement & Discovery ↓ Upon agreement, we begin deep-dive analysis phase, gathering all necessary information and developing your customized strategy.

Strategy Delivery ↓ Presentation of comprehensive consulting roadmap with actionable recommendations, risk analysis, and implementation plan.

Implementation Support ↓ Ongoing guidance as you execute the strategy, with direct access to our team for questions and support.

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Frequently Asked Questions

How long does a typical Turkey market entry consulting engagement last?

Initial market entry consulting typically spans 4-8 weeks for strategy development, followed by ongoing support during implementation. Timeline varies based on business complexity and sector.

Yes. Our entire team provides consulting, documentation, and communication in fluent English, ensuring clear understanding and efficient collaboration.

Absolutely. Our integrated model means we can provide strategic consulting and then seamlessly transition to handling your ongoing accounting, payroll, and tax compliance needs.

We serve clients across technology, manufacturing, retail, professional services, real estate, healthcare, energy, and financial services. Our regulatory expertise translates across all sectors.

Consulting engagements are customized based on scope and complexity. Contact us for a detailed proposal tailored to your specific needs.

We serve businesses at every stage—from entrepreneurs making their first Turkey investment to multinational corporations expanding operations.

Yes. We provide comprehensive analysis of Turkey’s 20+ free zones, comparing benefits, limitations, and suitability for your specific business model.

Ready to Navigate Turkey's Market with Expert Guidance?

Don’t let regulatory complexity or unfamiliar business practices slow your Turkey market entry. Our consulting team provides the strategic insight and hands-on support that transforms challenges into competitive advantages.

Contact us today for a detailed consultation about your Turkey business objectives.

Whatsapp

+90 544 649 40 87

Email

yigit@celikelcpa.com

Location

Cevizli Mahallesi
Dap Vazo Ofis
Maltepe, Istanbul

Working Hours

Monday - Sunday
09:00 - 17:00

This content is intended for general informational purposes and does not constitute professional accounting or tax advice. Specific situations require personalized consultation with qualified professionals. Celikel CPA provides customized guidance based on individual circumstances.