Turkey is one of the world’s largest agricultural products producers and its agricultural sector is attractive for foreign investors and also one of the business sectors in the country that accounts for a large percentage of employment. Turkey is an important producer of hazelnuts, cherries, figs, apricots, pomegranates, tomatoes, eggplants ant other products like tobacco or tea.
Local and foreign investors who want to open trading companies with the purpose of commercializing agricultural products must respect several regulations which provide for the import and export of such products.
Our company formation agents in Turkey explain below the most important regulations in regard to importing and exporting agricultural products. We can also assist those who want to set up trading companies in Turkey.
Because the import and export of agricultural products implies strict control regulations, there are several laws which provide for the activities of Turkish companies in this field. They are required to comply with the following laws and regulations depending on the types of products they import or export:
It is also important to note that in 2019, the Ministry for Trade has amended some of the regulations related to the import and export of agricultural products.
Our Turkish company formation specialists can offer detailed information on the laws which need to be respected when importing and exporting agricultural products.
Considering Turkey is not an EU member state and most if its trading activities are completed with EU countries, starting with 2004, the government has worked on a system which is harmonized with the EU legislation. This is how the Risk-Based Trade Control System or TAREKS has been launched in 2010.
Through TAREKS, Turkish companies involved in trading activities can use e-signatures and have their goods checked electronically for any safety issues.
Based on Law No. 1/2019, Turkish companies importing goods into the country will be subject to an inspection completed by the Turkish Standards Institution which must respect the minimum health, safety and protection of environment regulations.
Another important safety control regulation was enabled by Law No.5/2019, which provides for the verification of goods which need to obtain a permission from the Ministry of Agriculture and Forestry before entering Turkey.
When it comes to the export of agricultural products, Turkish companies must comply with the EU regulations imposed within the European Community, as well as with the national laws of each country the Turkish goods are delivered. In non-EU countries, agricultural products exported by Turkish companies must respect the national laws and will be subject to the control of customs authorities in the respective countries.
If you want to open a company in Turkey and need assistance in registering with the authorities in order to be able for import and export agricultural products, you can rely on our local consultants.
One of the most important aspects related to importing and exporting agricultural goods in/from Turkey is the documentation which must accompany the merchandise. The products must be accompanied by:
Other documents, such as health certificates when importing or exporting plants and seeds are also required in certain cases.
Companies that want to import and export agricultural products in Turkey can focus on trading various goods or specializing in just a few products that are well received by the European market and other markets.
The Turkish government encourages investments in the agricultural field and supports investors through:
If you would like to engage in trading in the agricultural sector, our company registration agents in Turkey can help you open a company.
Turkey is a successful producer of a large number of agricultural products that include fruits and vegetables and other goods like tobacco, tea or cotton. The agricultural output has been growing since the 1980s and the country is welcoming foreign investments in the agricultural sector.
Agriculture is one of the most important sources of employment and the country has a positive net trade from agribusiness. The country does not only trade fruits and vegetables, but also various types of meat, fish, dairy products, oil seeds, sugars and confectionery and others.
Companies that perform imports and exports in the agricultural sector need to observe the regulatory environment for trade activities and comply with an increased regulatory control for quality and performance. The Turkish company incorporation procedure is straightforward and import business can be easily opened by a foreign investor in the country. On average, the number of days required to set up a business is about six working days. With the help of a qualified team of company formation agents in Turkey, the process will be easy for the investor.
The Turkish agricultural sector offers many business opportunities and companies that trade agricultural products can choose a specific line of imports and exports or they can handle trade in various sectors and sub-sectors. Some of the most profitable agricultural sectors in Turkey are:
If you want to open a company in Turkey in the trading field, you should know that agriculture is one of the most important economic sectors in the country, based on the following information:
If you would like to open an import and export business in Turkey or simply need more information about foreign investments in this country, please do not hesitate to contact our company registration agents in Turkey.
Call us now at +90 532 351 66 77 to set up an appointment with Cagatay Altunsoy, one of our specialists in company formation in Istanbul, Turkey. Alternatively you can incorporate your company without traveling to Turkey.
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