(MENAFN) Turkey's cabinet is finalizing a complete package to efficiently advance the investment climate, in a move to elevate the nation's economic status and boost its regional presence.
Accordingly, the country promised a series of regulations that will eliminate several obstacles which are faced by foreign direct investors and ease employment conditions for foreigners.
In more detail, there will be guidelines that will decrease the stamp tax and other costs for the investors; hence in the contracts, the stamp tax and the notary fee will be charged only one copy.
"This is of great importance for potential investors as we will be ceasing to execute a 52-year-long practice which raises costs for investors," stated a top official in the government.
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