Aspect | Details |
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Fees for Company Registration in Turkey | The fees for company registration in Turkey start from $2999 |
Timeline for Online Business Registration in Turkey | The timeline for online business registration in Turkey is-
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Benefits of Company Incorporation in Turkey | The benefits of company registration in Turkey include the following:
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Types of Company Formation in Turkey | Types of company formation in Turkey include the following:
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Documents needed for Turkey company registration | Documents for Turkey company registration-
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Top Businesses for Incorporation for Foreigners in Turkey | Some of the Top Businesses for Incorporation for Foreigners in Turkey include the following:
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How can we help with the legal requirements for business incorporation in Turkey? |
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Start your business in Turkey with Enterslice and access a thriving market at the crossroads of Europe and Asia.
Business setup in Turkey has never been easier with Enterslice’s expert guidance. Whether you’re looking to establish a Limited Liability Company (LTD), Joint Stock Company (AS), or another entity, we provide a smooth and efficient process. As you know, Turkey is known for its hospitable business environment, robust trade infrastructure, and strong consumer spending, global entrepreneurs love Turkey.
With our assistance, foreign entrepreneurs can quickly complete the requirements, including company registration, taxation, and the legal aspects of company registration in Turkey. We ensure that all formalities are completed seamlessly without needing your physical presence in Turkey for most steps.
You can also benefit from tax rates of 25% for most businesses and fast timelines for company registration in Turkey. With Enterslice, you can open your business in Turkey with minimal hassle and gain access to one of the most vibrant markets in the region.
100% Foreign Ownership
Minimum Share Capital from 10,000TL
Incorporation in 3-4 Days for Individuals
20% VAT, Reduced Rates for Specific Goods
LTD, Joint Stock, Collective, Partnership, Cooperative
Corporate tax 25%, Dividend tax 10%
Turkey offers various company formation options, catering to different business needs and scales. Whether you are setting up a small operation or a large corporation, there are multiple structures to choose for company registration in Turkey, each with its benefits.
This is the most popular business form suitable for foreign enterprises. It requires at least one shareholder and a minimum capital of 10,000 TRY. Liability is limited to the invested shares, which can be publicly traded. It is the first choice of global investors.
This type of company is ideal for more extensive operations. It requires a minimum share capital of 50,000 TRY. The company must have a board of directors, and once listed on the stock market, its shares can be publicly traded.
A hybrid structure is one in which some partners have unlimited liability while others have liability. It is commonly used for investment ventures with a combination of financial investors and managing partners. It is a known structure for company registration in Turkey.
It is a form of business structure for company registration in Turkey that allows foreign entrepreneurs to start and run their businesses in Turkey. It’s just an extension of a parent company. Its debts and obligations are managed by the parent company.
A business structure where all partners have unlimited liability for the company’s debts. This type is often used for small businesses where partners actively participate in management.
Cooperatives are owned and controlled by members, who share profits based on their level of participation. Common industries such as agriculture, retail, and banking, cooperatives are ideal for businesses that benefit from mutual benefits.
Starting a business in Turkey involves a clear and structured process. Our experienced agents guide you through every step to ensure a smooth and compliant online business registration in Turkey, from selecting the proper business form to completing all required legal and financial steps.
Select the legal structure for your business and choose a unique company name. Check with the Turkish Trade Registry to ensure the name is available.
Our expert consultants at Enterslice will help you file the company's details online with the Istanbul Chamber of Commerce.
After that, our experts will help you file the Articles of Association of the company online as per the Turkish Law and get it approved.
Our experts will pay the official company registration fees to the Istanbul Chamber of Commerce on your behalf.
The Istanbul Chamber of Commerce will issue a Turkey company registration certificate to empower your business dream.
Depending on your business type, secure any additional permits or licenses required by local authorities, such as health, safety, or environmental permits.
Starting a business in Turkey can seem complex, but with Enterslice consultants by your side, the process becomes straightforward and hassle-free. Let us handle the details for company registration in Turkey while you focus on growing your business.
Start a business in Turkey with a step-by-step process, which can be completed efficiently with proper planning. Below is a simplified timeline for the key stages of company registration:
The first week is dedicated to understanding your business needs and outlining the steps to ensure smooth registration.
This stage involves selecting the company type, preparing necessary documents, and submitting them to the Trade Registry for official registration.
Opening a corporate bank account and securing approval from the bank is essential for making a capital deposit and taking further registration steps.
In the final week, we wrap up the registration process, ensuring all documents are in place and your business is fully operational.
The documents required to register a company in Turkey vary based on whether the shareholders are individuals or companies. For individuals, two copies of their passports or IDs are required. Given below are the documents needed for Turkey company registration:
Articles of Association- 3 Notarized Copies and the Original
Foreign Shareholder Passports- 1 Notarized Copy Per Shareholder
Identification Documents of Managers- 2 Notarized Copies
Signature Documents- 2 Notarized Copies
Notarized Form of Establishment- 3 Notarized Copies
Proof of Minimum Capital Contribution
Proof of Depositing o.o4% of the Capital
Management Board Resolution
Turkey provides a conducive environment for overseas investment, although regulations are specific to certain sectors that must be considered. There are certain tax implications for company registration in Turkey. Foreign investors need to understand that some industries might necessitate special permits or have limitations on foreign ownership. Furthermore, certain professional services may only be accessible to Turkish nationals, and foreign companies face particular regulations regarding real estate purchases.
Significant tax considerations for foreign investors include a Corporate Income Tax rate of 25%, a 15% Dividend Withholding Tax (which can be lowered through double taxation treaties), and a 20% Value Added Tax (VAT), with reduced rates available for particular goods and services. It is essential to seek advice from legal and tax experts at Enterslice to ensure adherence to these regulations.
Corporate Tax: 25%
Dividend Tax: 15%
VAT: 20%
Foreign Ownership: Sector-dependent
Turkey provides a vibrant and hospitable atmosphere for international investors. It features several benefits of company incorporation in Turkey, including a developing economy, advantageous location, and supportive business regulations. The nation’s free trade zones, simplicity in conducting business, and robust foreign investment patterns make it an appealing choice for entrepreneurs seeking company registration in Turkey.
Turkey is a rapidly growing economy that embraces global innovations. It ranks among the top 30 countries for protecting entrepreneurial investments. As of 2023, Turkey is the 17th largest economy in the world, with a GDP of $1.024 trillion, according to the IMF. It is a member of the OECD and G20 and is essential in providing official development assistance (ODA).
Investors can register companies in Turkey’s Free Trade Zones, which offer many benefits, including tax incentives and government support. Companies in these zones can also repatriate funds to their home countries. Merit of company registration in Turkey entrepreneurs look out for.
Although Turkey is not an EU member, it is part of the EU's Customs Union. This provides Turkish goods with trade and tariff exemptions when dealing with the EU. It is one of the significant benefits of company incorporation in Turkey.
Turkey is the leading recipient of foreign investment in Western Asia, with significant investments from countries like the UK, the USA, and India. The government has opened many sectors to foreign investment. It is one of the substantial merits of company registration in Turkey.
Starting a business in Turkey is simple. A company can be formed with just one shareholder and one director; the minimum capital required is EUR 3300. Investors don’t need to be physically present in Turkey to incorporate a company, making it easy to do business. It is an advantage for company registration in Turkey.
Since the current scale was introduced in 2012, Turkey's score has fallen from its highest score of 50 (2013) to its lowest score of 34 (2023). When the 180 countries in the Index were ranked by their score (with the country perceived to be most honest ranked 1), Turkey ranked 115 in 2023. This means there is little government interference in the company registration process
Have a look at the prerequisites for business setup in Turkey-
Turkey has a vibrant and varied economy that offers many chances for foreign entrepreneurs looking to start successful businesses. Here are the leading industries and opportunities for company formation in Turkey-
Top 10 Industries for Company Registration in Turkey
Top 10 Businesses for Company Incorporation in Turkey
After registering a company in Turkey, businesses must meet specific post-incorporation compliance requirements to maintain legal standing. Company formation in Turkey includes tax registration, reporting obligations, and employee enrolment.
Enterslice brings over a decade of expertise in facilitating company registration in Turkey. Our consultants provide tailored solutions to global entrepreneurs, ensuring a seamless business establishment process in this progressive market. Here’s why businesses trust Enterslice for company formation in Turkey:
Given below are the steps for company registration in Turkey-
Common business structures for company formation in Turkey include:
The process, including planning, incorporation, and post-registration steps, typically take 1 week. However, it may extend due to regulatory delay. We recommend you connect with our consultants at Enterslice for your timely company registration in Turkey.
Yes, after company registration in Turkey, foreign nationals can fully own a company in Turkey without restrictions, except for specific industries that may require local partnerships or have limitations on foreign ownership.
No, physical presence is not mandatory for online business registration in Turkey. You appoint a legal representative or a proxy to complete the registration process on your behalf.
Yes, Turkey company registration in Free trade zones offers several benefits, including:
Enterslice provides comprehensive support for company registration in Turkey, offering:
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