What Law No. 4875 gives a foreign investor
The old pre-approval and minimum foreign-currency capital rule are gone. The company is still formed by registration.
Foreign Direct Investment Law No. 4875 removed the old treasury pre-approval and the high foreign-currency capital that used to be required per foreign partner. A foreign investor can form the company types in the Turkish Commercial Code.
That freedom is not incorporation without documents. Trade name, capital, authorised signatures and legalised papers of the foreign shareholder are still required at the trade registry.
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