[ESTABLISHING A BUSINESS ENTITY IN TURKEY] 493
subject to the Capital Markets Law, companies that are founders and operators of free zones. • Restrictions on Remitting Funds Out of The Jurisdictions Under Turkish Foreign Direct Investment Law, investors can freely transfer abroad: net profits, dividends, proceeds from the sale or liquidation of all or any part of an investment, compensation payments, amounts arising from license, management and similar agreements, and reimbursements and interest payments arising from foreign loans through banks or special financial institutions. All mentioned incomes utilized within Turkey will be subject to withholding tax.
ILN Corporate Group – Establishing a Business Entity Series
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