Turkey unveils plan to cut red tape and boost investor support

Under Turkey's 2027-2029 Medium-Term Program, a one-stop office and an Investment Coordination and Conciliation Board will be created to handle administrative hurdles and investor-government disputes early, avoiding litigation. The plan calls for streamlined regulations from company registration to liquidation, supported by integrated digital platforms that cut processing times and costs. A "Digital Company" scheme will make it easier to launch technology startups, and artificial intelligence will be employed to speed up industrial property filings.

A new market surveillance and inspection authority will merge existing functions to ensure uniform enforcement and broaden checks on unfair retail and e-commerce behavior. Additional measures include revisions to debt-enforcement and bankruptcy rules, safeguards against misuse of court-supervised restructuring, and expanded arbitration, specialist courts and online hearings. The program also seeks to align Turkey's data-protection law with the EU GDPR and to attract foreign investment in sectors such as AI, semiconductors, batteries, renewable-energy equipment and advanced manufacturing.