2016 was a good year for the Turkish economy if considering the statistics which show an increase in the number of foreign investors who have established companies here. According to the Turkish Union of Chambers and Commodity Exchanges (TOBB), there were 4,523 new companies registered in Turkey last year. Our company formation representatives in Turkey can assist foreign investors interested in opening businesses here.
Turkey is known as a destination for some of the largest car manufacturers in the world and spare parts producer and recent surveys show the automotive industry is one the most performant sectors of the economy. In 2016, this industry rose by 8%, according to the Automotive Manufacturers Association in Turkey (OSD). Foreign investors interested in opening a company in this economic sector can rely on our Turkish company formation consultants.