One stop office for your business invest in istanbul

İstanbul is a world class city of opportunities, competing successfully as one of the world’s top investment destinations. In this respect, Invest in İstanbul has been founded as the official organization, whose specific goal is to consolidate the investment support and promotion services in İstanbul. The platform is coordinated by İstanbul Development Agency in partnership with the Governorship of İstanbul, İstanbul Metropolitan Municipality, İstanbul Chamber of Commerce and İstanbul Chamber of Industry; aiming to promote İstanbul’s investment opportunities and assist international investors throughout all bureaucratic steps necessary for starting up their businesses in İstanbul.

HASSLE FREE INVESTMENT

Invest in İstanbul’s new office was opened in the landmark district Beyoğlu in June 2017.

Operating on full confidentiality, this new organization’s services embrace not only the consultation and business facilitation practices but also handling of all the processes of starting a business via a single office. Apart from other investment promotion agencies, the handling of bureaucratic steps accompanied with direct submission of official documents distinguishes this brand new organization from others, in a hassle free way.

WHY İSTANBUL

A setting of majestic beauty, an enviable climate, and an unsurpassed quality of life... İstanbul is one of the most dynamic and diverse economies in Europe. No wonder İstanbul is a magnet for intelligent, talented people from around the world. Creative, entrepreneurial citizens make İstanbul an innovation incubator - a place where new ideas, products and services are born.

İstanbul is Turkey’s economic center and has a thriving $449 billion economy. The city is committed to strengthening its trade and commerce worth $192 billion across the globe and rapidly transforming into a regional finance hub in the mid-run.

CULTURAL HERITAGE

Entrepreneurial activity is a crucial measure for Turkey as the country aims for a transition from an efficiency-driven economy to being an innovation-driven economy. İstanbul is, without question, a tantalizing market for entrepreneurship. Innovation is more than just a phenomenon in İstanbul: “It’s a cultural heritage”. İstanbulites have a strong need to express themselves and a long history of free thinkers conceiving the inconceivable.

Patent applications per year have risen eighteen-fold when 2016 figures are compared to 2000 figures. Therefore, İstanbul naturally is the technological hub of Turkey, ranking 1st in every single category of patent applications, utility model applications, brand name applications and industrial design applications. The city captures almost 50% of Turkey’s total intellectual property application figures.

For more information: www.invest.istanbul

İSTANBUL’S ECONOMY ALONE IS LARGER THAN 130 COUNTRIES

As Turkish economy grows with historic records, İstanbul acts as the engine of growth, having US$ 25k GDP per capita income which corresponds to more than two times of country’s average. Compared to 2001 level, GDP per capita in İstanbul has increased more than five fold. The foreign trade volume is approx. US$ 193 billion.

TESTIMONIALS

In just ten minutes

Vicente Balbin, Chief Representative of Banco Sabadell (Spain): This is fantastic:, I received my residence permit in just 10 minutes! This is completely different than other Investment Promotion Agencies (IPAs).”

A dreamland for culture lovers

Nahed Garousha, Owner of Denizkızı Yachting (Egypt): I have come to Turkey, where I call a dreamland for history and culture lovers. However, the official documents were only in Turkish so I couldn’t fill in the forms. Thanks to Invest in İstanbul staff, the application documents were translated on behalf of all global investors who aim to invest in İstanbul.

Single office is a great idea

Dmitry Evdokimov, Deputy Consul General of Russia in İstanbul (Russia): This is an organization I have never heard before. Setting up a business via a single office is a great idea. Moreover, Russian investors that contact us will be directed to Invest in İstanbul. Since Invest in İstanbul is a governmental initiative, it is a great advantage for us and for the investors especially in terms of creditworthiness.

HYBRID STRUCTURE

Invest in İstanbul carries out its services with the cooperation of prominent partners in the city; among which are governmental bodies, local stakeholders and business & trade associations. This synergy will no doubt add value to the investment climate of the most prospective city of the world: İstanbul

FIGURES IN İSTANBUL

8th

Major European city regarding Business Friendlines (FDI Magazine- 2016)

US $349 billion

GDP(Brookings Institution)

US $192 billion

International trade volume (Turkstat 2016)

71k companies

Dealing with international trade (Turkstat 2016)

US $25k

GDP per capita (Brookings Institution)

130 countries

İstanbul’s economy is larger than approx.

APPLYING FOR TRADE REGISTRY OF YOUR COMPANY

In order to establish a company in Turkey, you should submit the memorandum and articles of association online at MERSISwhich is the central trade registry system.

TRADE REGISTRY - HOW TO

The following documents are required for registry application at the relevant Trade Registry Office ofİstanbul Chamber of Commerce(ICOC) which are located in Perpa, Kadıköy and Giyimkent:

• Notarized articles of association (four copies, one original)
• In case the foreign partner is a real person, for each real person shareholder, two copies of their passports
• In case the foreign partner is a legal entity, the required documents are:
• The Certificate of Activity of the legal entity designated as the shareholder issued by the relevant authority in the investor’s country. The certificate must bear information regarding the current status and signatories of the company.
• Resolution(s) of competent corporate organ of legal entity shareholder(s) authorizing the establishment; if there will be any specific condition for the prospective company to be incorporated (name of the company, field of activity, etc.) it must be stated in the resolution for the sake of clarity.
• In case a legal entity is going to be appointed as a member in the board of directors of the prospective company to be incorporated, the name of the real person who will act in the name of the legal entity and the legal entity board member’s appointment must be stated within the same or with a separate resolution for the sake of clarity.
• If the process is going to be followed by proxy, a notarized copy of a power of attorney authorizing the attorneys who will follow up the application before the competent Trade Registry Office and other official authorities in order to proceed with the application (where applicable).
• Notarized signature declarations (two copies)
• Notarized identity cards of the company managers (one copy)

CONTACT TO ICOC

All the necessary documents that are issued and executed outside Turkey must be notarized and apostilled or alternatively ratified by the Turkish consulate where they are issued. The original executed, notarized, and apostilled documents must be officially translated and notarized by a Turkish notary.

For further information about the documents required to establish a brand and liaison office, please contact toİstanbul Chamber of Commerce.

READY TO ASSUME A NEW TITLE: İSTANBUL FINANCIAL CENTER

Over the past 15 years, İstanbul’s economy has experienced rapid structural change. İstanbul’s defining economic role has evolved from a service center to a dynamic urban center with strong, multi-faceted international connections that have strengthened dramatically with the rise of Turkey’s broad vision. İstanbul, located at the crossroads of East and West, is now transforming its features into an economic value and getting ready to assume a new title: İstanbul International Financial Center. İstanbul International Financial Center rises in Ataşehir, on the Asian side of İstanbul. The International Financial Center will position İstanbul as one of the main hubs of fund flows, globally. The center will not only increase the amount of global funds flowing to Turkey but also contribute to the further development of such ancillary lines of business as legal aid and consultancy and insurance.The global business cycle and Turkey’s recent performance clearly show that making İstanbul an international financial center with the joint efforts of the financial sector is a realistic vision.

02 Şubat 2018 Cuma

Etiketler : English