How to establish a workplace in Turkey?
The establishment of a workplace for foreigners in Turkey can present a number of challenges, as there are a number of legal and cultural considerations that must be taken into account. However, with the right planning and support, it is possible to successfully establish a workplace for foreigners in Turkey. In fact, there are great opportunities in Turkey in terms of establishment of a business and having a great earning.
One of the main challenges that foreigners face when establishing a workplace in Turkey is navigating the country's complex legal system. Turkey has a number of laws and regulations that govern the establishment and operation of businesses, and it can be difficult for foreigners to understand and comply with these laws. It is important to seek the help of a legal advisor who is familiar with the Turkish legal system, as they can provide guidance on the necessary steps to establish a business in Turkey and ensure compliance with local laws and regulations. VIPTurkishPassTM has legal advisors and experts for satisfying such needs of foreigners.
Another challenge that foreigners may face when establishing a workplace in Turkey is cultural differences. Turkey has a unique culture and business environment, and it can be difficult for foreigners to understand and navigate the country's cultural norms. It is important to conduct cultural training and research to familiarize oneself with Turkish customs, tax, labour and business practices, and to seek the help of local experts who can provide guidance on cultural issues.
To mitigate these challenges and to succeed in establishing a workplace for foreigners in Turkey, it is important to develop a comprehensive business plan that takes into account legal, cultural and other important factors. This plan should include details of the proposed business, including the products or services that will be offered, the target market, and the resources needed to operate the business.
Additionally, it is important to conduct market research to identify potential customers and competitors, and to develop a marketing and sales strategy to attract customers and generate revenue. This requires a comprehensive business feasibility report to be conducted for prospective investments in Turkey.
It is also important to establish a strong network of contacts in Turkey, which can include other business owners, government officials, and local experts. These contacts can provide valuable guidance and support, as well as help to build relationships with potential customers and partners.
Our company is a member of MUSIAD (Independent Businessman and Industrialists Association) and DEİK (Foreign Relations Economic Board of Turkey), which are leading business organisations in Turkey.
In conclusion, while the establishment of a workplace for foreigners in Turkey can present a number of challenges, it is possible to succeed with the right planning and support. It is important to understand the legal and cultural considerations, to conduct market research, to develop a comprehensive business plan and to establish a strong network of contacts. With the right approach, it is possible to establish a successful workplace for foreigners in Turkey.
by Bünyamin ESEN, Senior Investment Consultant & Founding Partner