I pay compliments and hope some one can guide us ,
We are Trust for Education services and We plan to buy a Turkish corporate company .
The new owner of Turkish Company would be 99% shares to Trust( legal entity) and 01% to Foreign citizen from UK( non resident of Turkey, non resident of UK , but resident of Bosnia). We would like to know the tax rebates offered by Turkish Govt to new owners. Can you please answer following :
Q1 Will the Foreign owners - trust has to pay 23% corporate tax and 15% dividend ?
Q2: If the 1% share holder is non resident to Turkey , does he still have to apply for work permit ( I guess no) .