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How to do business in Turkey
Introduction – Basic Facts
Turkey is located in South-eastern Europe and South-western Asia, bordering the
Black Sea between Bulgaria and Georgia and bordering the Aegean Sea and the
Mediterranean Sea between Greece and Syria.
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Population: 73.3 million (UN, 2005)
Capital: Ankara
Area: 779,452 sq km (300,948 sq miles)
Major language: Turkish
Major religion: Islam
Life expectancy: 68 years (men), 73 years (women) (UN)
Monetary unit: New Turkish lira
Main exports: Fruit and vegetables, textiles and clothing, iron and steel
GNI per capita: US $4,710 (World Bank, 2006)
Internet domain: .tr
International dialling code: +90
(taken from www.bbc.co.uk)
Current Exchange rate (as at 16.08.06)
1.00 TRY = € 0.53
€1.00 = TRY 1.85
Company Name
Nikken Wellness Ürünlerin ticaret ve servis Limited şirketi
Office Address
Fahrettin Kerim Gokay Caddesi Erdem Sokak Necdet Kalkavan
Plaza No: 4 Fl:-1, 0, 1
Altunizade 34662 Uskudar
Istanbul
Directions
Take the second turn past the “Bogozici Bridge” onto the Anatolian side into an area
called Altunizade. In Altunizade there is a shipping centre called Capitol; go past this
centre and you will see some traffice lights, -turn right here. Then travel another
100m and turn right again. Nikken office can be found on the left–hand side a little
further up this road.
http://maps.google.com/maps?f=q&hl=en&q=Uskudar,+turkey&ie=UTF8&ll=41.03394
9,29.032702&spn=0.02266,0.054245&om=1
Distributor Support
Office Opening hours:
1st June-30th Sept
1st October-31st May
08:30-17:30
09:00-18:00
Telephone:
0090 216 651 51 30
Fax:
0090 216 651 89 64
Email address:
[email protected]
Sponsoring
All distributors wishing to sponsor in Turkey must have completed IBC.
Application forms will be available from mid August and must be faxed to the
Distributor Services Team in our Istanbul office. Nikken will begin processing
applications from 1st September.
Application forms should include all relevant information and payment details for the
purchase of a Sales Kit. Bank Transfer payments can be made using the bank details
as shown below in the payments section.
Please also ensure that a copy of the Application Form with original signatures is
posted to the Nikken offices in Turkey.
Shipping of sales kits will begin in early September.
Please note that distributors cannot pay for their new downline. A sponsor’s credit
card will not be accepted.
Ordering
From mid August, orders can be placed by completing a Nikken order form and
faxing it to Nikken (on one of the fax numbers shown above). Faxed orders will be
processed from 1st September. Phone orders may also be placed from 1st
September. Full payment must be received before the order can be shipped.
ENikken facilities and Autoship subscriptions are not yet available, but will be ready
soon.
VAT rate
The VAT rate is 18% in Turkey for all products, except the following products which
are charged at 8%:
Low rate items at 8% VAT
Luxury Travel Pad
Elastomag Neck Wraps
CardioSox
Men’s Dress Sox
Golf Sox
Sports Sox
Women’s Trouser Sox
All ThermoWear Underwear
All KenkoTherm Wraps
KenkoTherm Hat
KenkoTherm Gloves
All ThermoWear Jackets
Payment methods
Orders may be paid for using Visa or Mastercard or by Bank transfer.
If paying by credit card, the details, including the three-digit security number must be
written on the order form before faxing it.
If paying by bank transfer, please make the payment to the following account:
Bank:
Account no:
Branch Kodu:
TURKIYE IS BANKASI
265183 –Nikken Wellness Ltd. Sti.
1217 –Altunizade
Please note your distributor ID on your bank transfer payment so that Nikken can
recognise your payment when it is received.
Bank transfers will normally clear the same day if made before 15:00 and the next
day if made after 15:00.
Invoices
Once the order has been delivered, Nikken will then send you an invoice by post.
Please note that these invoices have been printed with a special serial number.
Therefore, please ensure that you keep these invoices safely for your records, (as we
will be unable to re-issue any invoices at a later date).
Shipments
Once the order has been paid for, orders will be shipped from our warehouse in
Turkey. Delivery time is no longer than 7 days.
Order Value excluding VAT
Up to 300 YTL
Over 300 YTL
Freight Charge excluding VAT
7.50 YTL
10.00 YTL
If any items are out of stock at the time of receipt of payment, the item will be shipped
as soon as it is available.
Products
The following products will not be initially sold in Turkey: Swiss Soflower, Lactoferrin,
Jade Green Zymes.
Ciaga cannot be sold in Turkey due to legal restrictions.
Marketing Materials
The Sales Kit will contain the following items:
Business Success Manual
Opportunity for Life Presenter
Form Pack
Business Opportunity at a Glance Brochure
10x Product Brochures
Product DVD
All marketing materials will be in Turkish.
Rank Advancement
The Career Pack only is required for Silver; otherwise standard Nikken rank
qualification will apply. A personal Autoship subscription will be a requirement to
achieve Silver as soon as Autoship is introduced.
HBM Training
The first HBM training will be held on 16th and 17th September
Venue: Marmara Pera Hotel, Mesrutiyet Caddesi, Dervis Sok. No.1 - Pera, Istanbul,
34430, Turkey
Tel: 0090 212 251 4646.
Places can booked by completing the HBM Training Order Form and faxed to Nikken
Turkey. Payment will be taken from 1st September. Places are limited so please
make sure you apply early.