Leasing is the acquisition of goods that businesses want to use in their activities through rental. Leasing companies purchase these goods on behalf of the business and rent them to businesses. Joint stock companies , limited companies and sole proprietorships can increase their profitability and efficiency by obtaining the right to use these goods without using equity or credit, thanks to leasing.
Various goods, including Job Seekers Number Data production machinery in a manufacturing business, equipment in a dentist's office, agricultural tools and equipment used by farmers, and even printers in offices, can be included in the scope of leasing. Businesses that do project-based business can significantly reduce their costs by leasing the machinery and equipment they use . How to Make a Leasing Agreement? The duration of leasing agreements is at least 4 years, except for some cases permitted by the Ministry of Treasury .
The business notifies the leasing company about the goods it wishes to purchase and a payment plan is prepared. If the business accepts this payment plan, it gives the proforma invoice and necessary documents to the leasing company and signs a notarized leasing contract, and the company makes the payment to the seller. The purchased property must be delivered to the tenant within a maximum of two years . During the leasing contract, the owner of the property is the leasing company, but the right of use belongs to the tenant. When the contract ends, the right to use the goods also ends.