- European expansion offers opportunities for businesses to grow and reach European customers.
- Considerations for European expansion include regional rules, cultural differences, languages, and competition.
- Expanding into Europe from Turkey has advantages such as Turkey’s strategic location bridging Europe and Asia, language skills, and access to a large customer base.
- Turkish businesses often consider establishing a UK company for European expansion.
- Establishing a UK company provides seamless access to the European market.
- VAT implications of establishing a UK company for European expansion should be carefully examined.
Source: hellotax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.