Turkey has attracted many foreign investments for many years due to its unique location between Asia and Europe and the Middle East. Turkey is one of the most recognized countries in the world as a country of great importance, which means its choice by many companies and governmental and international organizations to open offices in and around major cities in Turkey, the vast majority of these large companies establish themselves in Istanbul and Ankara with branch offices in the coast.
There are many options available for establishing a company, such as collective companies, joint stock companies, limited companies, liaison offices and foreign affiliates. The majority of the companies that intend to invest in Turkey resort to establishing their own limited company. There are many founding agents for companies offering their services In most of the Turkish towns and cities of foreigners to proceed with the establishment of their own company, and must consider who is the company to be dealt with, and many of the investors who aspire to establish their company in Turkey to companies related to tourism, restaurants, hotels or companies There are also a number of companies that can not be established by foreign investors in Turkey without the prior approval of the Ministry of Commerce and Industry such as banks, private financial institutions, foreign exchange offices, companies subject to the Capital Market Law and public storage. And operators of free trade zones
The cost of establishing a limited liability company in Turkey is estimated at 5000 TL. After the establishment of the company, the board of directors must register the company in the local tax office and the real estate registry. In Turkish laws, the trade name must be registered with the company, the term Turkey, Republic of Turkey can not be used without the special consent of the Turkish Council of Ministers. Foreign words and phrases may be used in the trade name if they do not conflict with the laws or policies of the Turkish government or culture
The Turkish company can be registered in the Land Registry Office, which is the Turkish Chamber of Commerce and distributed throughout Turkey and in most of the towns. After filling the incorporation documents and officially confirming them for a period of 15 days, the owner of the company grants the company's real estate register
The owner of the company must complete the company registration application, submit a written request and valid documents proving that he is a founding member of this company, a letter of commitment to Article 29 of the Commercial Register Regulations and a payment of the required deposit for the customer's fund, usually 1% of the company's capital
. In terms of trade and taxes, the establishment of a private limited company requires the payment of full taxes on realized and declared profits. The company must also employ a legal accountant. They usually charge a monthly fee of approximately 350 Turkish lira, which is relatively low
Steps to establish companies in Turkey
Preparation of documents, forms and documents, and ratification of the company's founding system by the notary.
Deposit of an amount estimated at 25% of the value of the capital in the bank, which is 100 thousand Turkish lira
Registration of the company in the Commercial Registry Office and Chamber of Commerce
The original copy, in addition to two certified copies of the company's Articles of Association, must be submitted to the Commercial Registry Office within 15 days from the date of authentication and certification by the notary
Determine the company's address and clearly in the company's establishment system
The company's incorporation system will be published publicly in the Official Commercial Register
After the company is established in the Commercial Registration Office, the company must be registered at the local tax office where the tax certificate is received and must be shown and clearly placed in the workplace
The local tax officer will visit your office a few days later to verify the above information and the tax certificate
The Commercial Registration Office shall notify the Ministry of Labor and Social Security that the company has been established and shall register all employees and employees of the company, including directors of the Ministry of Social Insurance
All official papers of the company must be certified by the notary on the same day of registration of the company.
For information about the costs of establishing the company, you can fill out an application from here and contact the legal officer