Register a company in Turkey, the industrial incumbent.

Yes - MERSIS incorporation, tax registration and banking preparation run by power of attorney with notarised translations. Banks increasingly accept remote onboarding for clean profiles; work permits and some technopark steps reward presence. One Istanbul trip, well-sequenced, completes everything.

Turnkey registration starts from $2,900; with banking from $4,900. Technopark admission adds from $2,500. Renewals with accounting run from $2,000 a year - with inflation-accounting competence included, because in Turkey it must be.

Corporate tax at 25% (exporters shave points), VAT 20%, dividends 15%, employer social charges around 22.5% with statutory severance accruing. Technopark software and R&D profits ride at zero. The silent line is inflation accounting: when thresholds trigger, books restate and tax outcomes move - a discipline we build in from day one rather than discover at audit.

Admission-based: software and R&D companies accepted into a technopark - university-linked campuses across the country - pay no corporate tax on qualifying profits, reduced payroll taxes on R&D staff, and VAT exemptions on software sales, through the programme's legal horizon. Admission committees want real technology cases; ours are built to pass. For dev shops and product companies, it is the whole Turkish tax story.

Historically, very - the long depreciation reshaped every operator's habits - and currently calmer under the orthodox turn: real rates, rebuilt reserves, slowing inflation. Our stance is architectural regardless: hard-currency revenue legs, lawful FX-linked contracts, minimal idle lira, prompt conversion. The trend is a tailwind to use; the structure assumes weather can change.

A statutory restatement of financials when cumulative inflation crosses thresholds - assets, equity and depreciation revalue by coefficients, taxable income moves with them, and books kept casually produce ugly surprises. It is a genuine competence line for accountants here, and ours run it natively. Ask any adviser one question: how they handle restatement. The answer sorts the field.

Industrial goods - which flow into the EU tariff-free with Turkish origin, the spine of the manufacturing platform. It does not cover services, agriculture carries separate arrangements, and rules-of-origin discipline matters for third-country inputs. For factories serving Europe, it is the decisive advantage; for service exporters, treaties and contracts do the work instead.

European in spirit: employer social charges near 22.5%, statutory severance of a month per year accruing as a real liability, and labour courts that take employees seriously. Wages remain competitive against the EU - the arbitrage that keeps factories here - and we provision severance on the balance sheet from the first hire.

It exists and moves: property purchases at the statutory threshold (currently $400,000) route to citizenship through a defined programme, popular and periodically retuned. It is an individual track rather than corporate strategy - we handle it as a separate engagement alongside company work when founders want both.

The company: three to ten days through MERSIS. Banking: one to three weeks. Technopark admission: three to ten weeks by park. Work permits: four to eight. A working, banked, two-currency Turkish operation inside a month is the working default.