Since July this year, it is possible to establish venture capital investment funds (VCIFs) in Turkey.

Turkey first introduced venture capital regulations in 1993 under the authority of the Capital Market Board. Regulatory updates affecting the VC ecosystem over the past two years have included ones covering angels and investment companies, as well as moves to encourage corporate venturing through making dividends exempt from tax, according to Yonca Fatma Yücel at Turkey’s Banking Regulation…

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