Ankara Agreement Contractor

  • Post author:
  • Post category:Uncategorized

If you`re an international contractor interested in doing business in the UK, you may have heard of the Ankara Agreement. This agreement, also known as the European Community Association Agreement with Turkey, was signed in 1963 and aimed to promote trade between Turkey and the European Union.

Under the Ankara Agreement, Turkish nationals are allowed to set up a business in the UK as long as they meet certain criteria. One of the most important of these criteria is that the business they set up must be viable and have the potential to create employment opportunities in the UK.

If you`re a Turkish national interested in setting up a business in the UK under the Ankara Agreement, you`ll need to apply for what`s known as a “Turkish Businessperson visa.” This visa allows you to stay in the UK for up to 12 months and work for your own business.

To be eligible for a Turkish Businessperson visa, you`ll need to prove that you have access to at least £50,000 in investment capital, and that you have a viable business plan that has been approved by an endorsing body. You`ll also need to show that you have the necessary skills and experience to run a business in the UK.

Once you have your Turkish Businessperson visa, you can start setting up your business in the UK. You`ll need to register your business with Companies House, and you may also need to obtain certain licenses and permits depending on the nature of your business.

Overall, the Ankara Agreement can be a great opportunity for Turkish nationals looking to do business in the UK. However, it`s important to ensure that you meet all the criteria and have a solid business plan in place before applying for a Turkish Businessperson visa. With the right preparation and diligence, you could soon be on your way to setting up a successful business in the UK.