OUR SERVICES

Liaison Office Services

Türkiye's strategic location and extensive trade relationships make it an attractive market for international businesses. Foreign companies often establish liaison offices to explore the market, build commercial relationships

and assess future investment opportunities. Loba Partners provides end-to-end support with liaison office establishment, extension of operating permits, tax and social security reporting and related compliance requirements. For additional background, see our 2024 Guide to Establishing a Liaison Office in Türkiye.

A. LIAISON OFFICE ESTABLISHMENT, EXTENSION & CLOSURE

Companies incorporated under foreign laws may establish a liaison office in Türkiye under Law No. 4875 on Foreign Direct Investment, provided that the office does not engage in commercial activities in Türkiye.

Although liaison offices are not permitted to engage directly in commercial trading, they may perform important functions for their parent companies. These include representation and hospitality, assessing the suitability of products and services for the Turkish market, identifying suppliers, facilitating information exchange between the parent company and the local market, and researching potential investments and competition in Türkiye.

Our liaison office services include:

Determination of the proposed liaison
office's scope and permitted activities; applications
to the competent Ministry; coordination with regulators for newly established or
specially regulated parent companies; preparation, translation
and apostille of application documentation;
tax office and social
security registrations; lease and
banking arrangements; support during
official inspections; permit extension and closure applications;
ongoing regulatory monitoring; and annual
reporting to the foreign parent company.

B. ONGOING COMPLIANCE FOR LIAISON OFFICES

Liaison offices must comply with ongoing statutory obligations. These include submission of the annual activity report, generally by May each year, along with accounting, taxation, social security, foreign exchange funding and payroll obligations, where applicable.

Compliance with ongoing statutory obligations is essential to operating and renewing a liaison office in Türkiye. Our team tracks relevant requirements throughout the year and assists the foreign parent company with compliance and reporting.

Preparation of annual liaison office activity reports;
notification of changes to the registered address, representative or parent company name;
reporting of banking transactions and foreign exchange
purchase documents; monitoring of tax registrations, obligations and reliefs; social
security filings and payments; stamp
duty; withholding tax under Articles
30 of the Corporate Tax Law and 94 of the Income Tax Law; VAT
obligations; and notifications
relating to personal data protection requirements.

Why Loba Partners?

Our team combines extensive tax audit experience gained in public institutions, the private sector and international organisations with deep expertise in Turkish tax legislation and sworn financial advisory services. Advisory is not an ancillary activity for our firm; it is at the heart of what we do.

To discuss your advisory requirements, please contact us using the details below.

Phone: +90 212 806 7407

Email: info@lobapartners.com