Turkey has a comprehensive set of laws and regulations regarding the establishment of businesses in the country. There are certain types of businesses that are prohibited from being established to maintain social and economic stability, protect national security, and prevent illegal activities.
One of the major types of businesses that are prohibited in Turkey is those related to illegal drugs, narcotics, and psychotropic substances. It is illegal to produce, sell, or distribute any such substances in the country. Businesses involved in these activities are strictly prohibited and are subject to severe penalties and imprisonment.
Similarly, businesses related to gambling and betting are also prohibited in Turkey. This includes casinos, online gaming websites, and other similar establishments. The only exception to this rule is the state-run lottery, which is allowed under strict regulations.
Turkey also prohibits businesses that are considered harmful to the environment, public health, or public morality. This includes businesses involved in the production or sale of products that are dangerous to human health, such as cigarettes or certain chemicals. It also includes businesses that promote unethical or immoral practices, such as adult entertainment or prostitution.
Finally, certain types of foreign investments are also prohibited in Turkey. For example, foreign investment in the defense and aerospace industries is subject to strict government regulation and approval. Similarly, investment in certain strategic sectors, such as energy, telecommunications, and transportation, is subject to government approval.
It is important for individuals or companies interested in establishing a business in Turkey to conduct thorough research and comply with all relevant laws and regulations.