Companies who want to start their business in Turkey can choose one of the many active economic sectors of this country. From retail stores to travel agencies or other types of businesses, it is possible to start a business from scratch or enter into a franchise agreement with a well-known company.
Franchise is not new in Turkey, however, this system has recently started to grow and develop. Those who want to start a franchise business in Turkey must meet some legal requirements. Franchisees must also comply with the Consumer Protection Act and the Fair Competition Act.
There are two main types of businesses that can be established in Turkey
- one related to the distribution of products or services of another company, i.e. franchisor
- The second case is the sale of goods or services under the franchisor's trademark
Regardless of the type of franchise business that an entrepreneur decides to register in Turkey, the registration of a company is required for such activity. For this purpose, depending on the size of the business, it is recommended to first establish a company in the form of a personal limited liability company in Turkey
Once your Turkish company is registered, it can sign a franchise agreement with the franchisor or franchisor. According to the contract law in Turkey, such a contract must be drawn up in Turkish. At this stage, your registered company in Turkey becomes the franchisee.
Regarding the franchise agreement, it can be signed for a fixed or unlimited period of time and must contain information about the rights and obligations of both the franchisor and the franchisee. Turkish companies that set up franchise businesses can join the National Franchise Association.
Our company in Turkey can be by your side when you create a business and obtain a franchise and sign a franchise contract and provide you with advice and other measures.