Business in turkey
1. PRIOR TO ARRIVAL
ISPAT : Investment Support and Promotion Agency in Turkey Official organism depending on Prime Ministry. Their goal is to promote and help international potential investors. They fill out their mission by having local representatives in 21 countries. They propose a complete support (marketing, financial, legal, economical ...) and support you all along your project, including when business has started. For practical details : http://www.diplomatie.gouv.fr/fr/conseils-aux-voyageurs_ For cultural approach : http://www.bibliomonde.com/pays/turquie-7.html 2. TURKEY
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3. WHY TO INVEST IN TURKEY ? Strategically Geographic position between East and West, which makes of Turkey a great interlocutor between two worlds Open minded country to investors Parliamentary democracy based on a multi parties system More than 40000 foundations and 80000 associations engaged in a great variety of social activities, such as education, culture, art, health, science, technology ... Access to different continents representing ¼ of world population - less than 4 hours plane Dynamic Industry and domestic market in high % growth Labor quite young and ratio performance/cost is good (61 % is less than 34 years old, representing 45 million people) Same Economic environment for turkish and foreign investors. 205 billion dollars investors. Potential member of UE – free exchange with countries from AELE (european countries for free exchange) G20 and ONU member Infra structures Competitive taxation system ( level down to 30 %, fiscal incentives, social charges, ...) Touristic destination for more than 27 million tourists
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4. NEGOCIATIONS AND CULTURE
For first contact, you can shake hands when arriving, not when leaving. Wait people give their hands. With women, tradition is not to shake hands,