Foreign Investor Guide

Reference: Presidency of the Republic of Turkey Investment office www.invest.gov.tr

UNINTERRUPTED REFORM PROCESS

The Turkish government has always prioritized reforms for qualified workforce, innovative production, sustainable growth, a sustainable environment and international cooperation for development.

The comprehensive reform process that started in the early 2000s continues today.

Major Reforms

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Number of Days Required for Company Establishment – 2018

While the average number of days required to establish a company was 38 in 2002, this number was reduced to 6.5 in line with the reform process.

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Source: World Bank                                                                                              

FDI Regulations Restrictiveness Index 2018

Today, Turkey is far below the OECD average in terms of the number of restrictions imposed on foreign investors, thanks to extensive reforms over the past 16 years.

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Source: OECD

Order Change in Ease of Doing Business Index (2019 – 2018)

As a result of recent developments in business regulations, Turkey has shown a notable improvement in the World Bank's Ease of Doing Business Index, ranking 43rd in the ranking of 190 countries.

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Kaynak: Dünya Bankası

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https://www.invest.gov.tr/tr/whyturkey/top-reasons-to-invest-in-turkey/sayfalar/continuous-reform-process.aspx