Doing Business in Turkey

Content
Turkey and their culture
Etiquette & Customs in Turkey
Economy
Doing Business
Business registration procedure
Limited / private/ public/ joint stock companies
Largest companies in Turkey
Conclusion
Turkey
Region: Middle East
Capital: Ankara
Climate: Temperate; hot, dry summers with mild,
wet winters; harsher in interior
Population: 68,893,918 (July 2004 est.)
Religions: Muslim 99.8% (mostly Sunni), other 0.2% (mostly Christians and Jews)
Government: Republican parliamentary democracy
The Turkish Language : Turkish
Currency: Turkish lira (TL)
Culture
Islam is the religion of the majority of Turks;
Muhammad is seen as the last of God's emissaries;
Certain obligations for Muslims are to pray five times a day;
East of Turkey is more traditional;
Etiquette & Customs in Turkey
Meeting and Greeting Etiquette
Gift Giving Etiquette
Business Entertainment
Business Dress Etiquette
Business negotiations
Many Turks take vacation during July or August;
First appointments are more ;
Small talk helps establish a rapport;
Have all printed material available in both English and Turkish;
Turks like do business with persons who they like, trust, feel comfortable with ;
Turks are primarily oral and visual communicators;
Decision making can be slow.…