The legislation of developing countries, as a rule, is aimed at attracting foreign investment. However, laws and business traditions often contain their "pitfalls". We talk about life hacks that will help you swim through these stones and not run aground.
Registration of a company in the country opens up opportunities to enter the world's largest Asian market. It is second only to China in size, and India's PPP GDP is in third place in the world. The advantages of opening a company in the country include factors such as access to cheap resources and labor, availability of zones with preferential taxation, highly qualified personnel, etc.
Egypt has implemented a number of comprehensive measures to support foreign investment and the establishment of enterprises owned by foreigners. According to the legislation of the country, foreign citizens have the right to fully own their companies. Foreign investors are granted some benefits, but there are also a number of restrictions and requirements, such as obtaining a residence permit and registering a company with local authorities.
A foreign investor may need a land plot for the construction of not only real estate, but also production. There are certain features of the purchase of land by foreigners in Turkiye, which should be taken into account by the investor.
Opening your own company in Turkiye is a useful way for a foreign investor to do business in the Turkish market.