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Doing Business with Turkey

VAT rates vary between 1%, 8% and 18%.

Some product groups are subject to Special Consumption Tax (SCT) at different tax rates. Stamp duty also applies to a wide range of documents including contracts, agreements and payrolls.

You’ll find more information on taxes on the Turkish government’s Invest in Turkey website.

Standards and regulations

The Turkish Standards Institution is responsible for developing all kinds of commercial standards.

There are a number of Turkish regulatory institutions that specialise in different areas. Contact our team in Turkey or our strategic partner, The British Chamber of Commerce in Turkey, for help.

Intellectual property (IP)

We advise you to speak to an intellectual property lawyer as a first step if you think you need patent protection when exporting to Turkey.

Turkish IP legislation is considered to be in line with EU standards. A patchwork of laws and decrees was replaced with a single framework which is more modern, reliable and attractive to investors.

Trade barriers

Check for any reported barriers to trading with Turkey.

Report any trade barriers that are affecting your business so we can help fix them.

Advanced Manufacturing

  • Turkey has a burgeoning manufacturing sector which offers a lot of potential for UK businesses. There are opportunities for businesses able to supply services and equipment, particularly in the automotive, maritime and aerospace industries.

Automotive

Turkey is a major automotive manufacturer, both of vehicles and components. Its customs union with the EU and its geographic location mean it has excellent access to international automotive supply chains. Ford, Renault, Nissan and Toyota and many others have a significant presence in Turkey.

Maritime

  • From commercial shipbuilding to high end superyachts, Turkey’s maritime industry continues to attract talent and increase production. UK companies supplying maritime services and specialist equipment could help meet demand in the market.

Aerospace

  • Turkey hosts a major carrier – Turkish Airlines – and is an international air transport hub. The sector aims to shift part of its long established, global manufacturing supply chain towards more local production. UK companies supplying aerospace services and specialist equipment could help meet demand.

Construction

Turkish construction companies are among the world’s highest rated and most active. As the Turkish construction sector boom has slowed, Turkish businesses in the sector are now using their proven expertise to successfully explore other markets. UK companies can benefit from forming partnerships with them.