Having a bank account in Turkey simplifies local and international transactions, allows you to manage your finances effectively, and provides access to credit and investment opportunities.

The main business structures in Turkey include Sole Proprietorship, Limited Liability Company (LLC), Joint Stock Company (JSC), and Branch Office. Each has its own benefits and requirements.

To obtain residency in Turkey, you must apply for a residence permit, which requires documentation such as proof of income, health insurance, and a clean criminal record. Residency permits can be temporary or permanent.

To open a business in Turkey, you need to select a business structure, register your company with the local trade registry, obtain the necessary licenses and permits, and open a business bank account. Our comprehensive guide provides detailed steps and requirements.

For personal accounts, you'll need identification (passport or Turkish ID), proof of address, and a tax number. For business accounts, you'll also need company registration documents, a business tax number, and a list of authorized signatories.

Yes, foreigners can fully own a business in Turkey. The country offers various incentives and support for foreign investors, making it an attractive destination for business establishment.