1.WHERE EXACTLY IS TURKEY?
Population : 70 million 
Capital City : Ankara (3.6 million) 
Currency : New Turkish Lira (YTL) 
Languages : Turkish
Latitude (Capital City) : 39º 55' N
Longitude (Capital City) : 32º 50' E
Coastline : 7,200 km (4,474 miles) 
Land Areas :
(land) 770,760 sq km (297,591 sq miles) 
(water) 9,820 sq km (3792 sq miles) 
(TOTAL) 780,580 sq km (301,383 sq miles) 
Time Zone :
(UTC +2)
Note that UTC is also known as GMT, or Greenwich Mean Time.
2.IS TURKEY BUSINESS-FRIENDLY?
Turkey’s regulatory environment is extremely business-friendly. Irrespective of nationality or place of residence, a person can establish a business in a single day. 

According to the World Bank “Doing Business Database, 2007”, Turkey ranks well ahead of all its competitors such as Poland, Czech Republic, Hungary, Italy, Spain as well as the OECD average.
3.HOW SİMPLE IS THE LEGAL FRAMEWORK İN TURKEY FOR FDI?
Turkey has one of the most liberal legal systems for FDI among all OECD countries. 

The new FDI Law focuses mainly on the protection of investors’ rights. 

The main principles are as follows: 

• Equal Treatment for domestic and foreign capital companies 
• No pre-entry or pre-establishment screening requirements 
• No need to notify to the Undersecretariat of Treasury 
• No obligation to choose a specific company name 
• Unrestricted foreign ownership 

Rights of International Investors 

• Free Transfer of Funds 
• Acquisition of real estate 
• Dispute settlement either in local courts or international arbitration bodies. 
• Valuation of non-cash capital 
• Work permits for expatriates 
• Opening a liaison Office
4.HOW SIMPLE İS THE TURKİSH TAX SYSTEM?
Turkey has one of the most competitive corporate tax rates in the OECD region. 

There are 3 types of tax: 

• Taxes on Income 

Corporate Income Tax 
Withholding Tax on Certain Payments of resident corporations 
Withholding Tax on Certain Payments of non-resident corporations 
Individual Income Tax 
Social Security Premiums 

• Taxes on Expenditure 

Value Added Tax 
Stamp Tax 
Customs Duty 

• Taxes on Wealth 

Tax Incentives 
Major Corporate Tax Exemptions and Allowances
5.HOW GOOD İS THE INFRASTRUCTURE IN TURKEY?
Turkey’s strategic location is very attractive for investors. It has a relatively new and highly developed technological infrastructure in transportation, telecommunications, and energy.
ENERGY INFRASTRUCTURE 

1. ENERGY STRATEGY: 

• Turkey’s strategy in the energy sector is to supply security and higher service quality to the consumer. 
• In addition to unused energy resources such as hydrologic and lignite, Turkey’s renewable energy potential is a great opportunity for investors. The new law which supports renewable energy encourages these types of investment and makes them even more attractive. 

1.a INSTALLED POWER IN TURKEY (2006)
State Companies %58,5
Companies whose customer is state %24,5
Auto Producer %10,1
Private Companies %6,9
1.b RESOURCES USED TO PRODUCING ENERGY (2006)
1.c COMPARISON OF ELECTRICITY PRICES FOR INDUSTRIAL USERS (2006)
Energy prices in Turkey, presently at 8.32 €¢/kWh, are very competitive with respect to the global market. 

(Source: EMRA) 

1.d PIPELINE PROJECTS IN TURKEY 

Turkey’s priority is securing its energy resources. In order to achieve this goal, Turkey is realizing many pipeline projects for both natural gas and oil. At the time of their completion, the following projects will provide secure energy resources for both Turkey and Europe. 

• Baku-Tbilisi-Ceyhan COPL Project 
• Turkey-Greece NGTL Project 
• Transcaspian Turkmenistan-Turkey Europe NGTL Project 
• Azerbaijan-Turkey NGTL Project 
• Iraq-Turkey NGTL Project 
• Egypt-Turkey NGTL Project 
• Turkey-Bulgaria-Romanian-Hungary-Austria NGTL Project (Nabucco Project) 
• Eastern Black Sea NGTL 
• Western Black Sea Project 
• Natural Gas Underground Storage Project 

(Source : PETROLEUM PIPELINE CORPORATION) 

1.e GAS TRANSFERS FROM TURKEY TO EUROPE
2. Telecommunications Infrastructure 
Telecommunications Infrastructure - 2006
Mobile Telephone Subscribers 54.7 mil
Public Telephone Switched Users 18.8 mil 
Internet Users 18.0 mil 
Broadband Subscribers 3.5 mil 
Source: Telecommunications Authority - Turk Telekom A.Ş


The Telecommunication sector in Turkey has evolved considerably in recent years and began with the privatization of 55% of Turk Telekom stock. The diversification of services within the telecommunication sector via mobile phones and the internet has created new economies which are attractive as areas for further investment. 

3. Transportation Infrastructure 

The proximity Turkey has to major markets such as CIS, the Middle East and North Africa means that 1.2 billion consumers can be easily reached. 

Turkey’s advantages also include its logistics industry which has developed significantly since its entry into the EU Customs Union. Its geographic, physical and corporate infrastructure is one of the key attractions for potential investors. 
Transportation Infrastructure
Number of Passengers
Internal Flights 28.8 mil
External Flights 32.8 mil
Number of Airports
Rail Way 10.948 km
Sea Way 243.5 million tons/year
Source: Ministry of Transportation - 2006



Turkey meets all the requirements for the efficient and cost effective shipment of goods with its high performance structure, reliable and on-time transportation services and its strategic location in the region. 

[+] Quantities by Transportation Type 

The national road and railway network are completely integrated into the Eurasian infrastructure. The Silk Road connection project will ensure a uniform railway connection between Europe, the Middle East, the Turkic Republics and the Far East throughout Turkey. Regular truck transportation and Ro-Ro ferry routes are continuing to increase logistic services capacity