DO'S and DON'TS for doing business in Turkey
Dear business owner, exporter or importer
If you have the intention of selling or buying goods from Türkiye the following critical 5 steps will reduce your risk by tremendous margin
1. Verify
Check if your client is a real company or not, you can do this easily by requesting their tax form or company incorporation document
2. Authorization
Check if your client has a signature authorization form, if he or she is a decision he or she could easily send you proof of this!
3. Contract
If you intent on sending several shipments or goods make sure you have a contract, even a simple one could save you much hassle
4. Payment
If you intent on sending several shipments or goods make sure you have a contract, even a simple one could save you much hassle
5. Report
Requesting a credit report about the company you want to work with is one of our most recommended tips, these reports costs between 100-200EUR but can save you a lot of money. The reports can be purchased from many suppliers one of which is the DCA platform.
Don't do
- 1 İssue your invoice to the client that will pay it, do the same on your Bill of Ladings
- 2 Avoid business with free email extensions if possible.
- 3 Never send B2B transactions to banking details that don’t match with the trading name
- 4 Check if the stamp on your invoice/proforma is an actual one or a digital one
- 5 If the client notifies you of banking change : call the client first verify and confirm twice by phone and mail