70 / 473
COMMERCIAL LAW
57
5-
Authorization certificate to be provided to the person/persons
authorized to conduct the activities of the liaison office; and
6-
Power of attorney in the event the establishment procedures shall
be handled by a person other than authorized person/persons.
Conclusion
Foreign-based commercial enterprises have several possibilities for
conducting business in Turkey. Two of these possibilities are opening a
branch or a liaison office as detailed above. However, while evaluating
these possibilities, determination of the scope of the company’s activity
is important since the liaison offices must not perform commercial
activities, but rather aims to represent the commercial enterprise within
the market and to provide it information related to the market. Subsequent
to the determination of the scope of activity, application and authorization
procedures shall be followed before the relevant authorities.