Company registration In Turkey
Turkish economy
Before investing in an area and region, we should check its economic conditions well. Turkey’s economy is a combination of indigenous and industrial industries, which is increasing every day. Agriculture, various industries, communications, construction, tourism and financial and banking services are among the most important fields of economic activity in which Turkey has achieved good results in these years. Of course, the current developments in the Turkish economy should not be ignored, which has caused the value of the Turkish lira to drop compared to the US dollar, but you can be relieved because the government of this country has a detailed and practical plan to solve this problem. He pointed to making investment rules easier in this country.
Why register a company in Turkey?
Turkey is a country that has grown tremendously in economic fields in recent years, and it is possible to invest in this country with the assurance of its political-economic stability. In this country, the company registration rules are similar to the company registration rules in the Islamic Republic of Iran, but with a few minor differences, you do not need to be a resident of this country to register a company in Turkey. After five years of extending this residence, they will give you permanent residence.
COMPANY TYPES IN TURKEY
you can register 7 types of companies In Turkey , two of which are personal and limited.
Organizational companies: minimum capital of 10,000 Turkish liras
Anonymous company: at least 50,000 Turkish lira
Limited company: the minimum required capital is 10,000 Turkish lira
Cooperative company: depending on the company’s statutes
Unincorporated companies: depending on the company’s statutes
Collective company: no minimum capital
Limited company: no minimum capital
This type of company can be registered by a natural person and receive a registration number and activity license.
The articles of association of private companies are limited and it is not possible to include any activity in it.
If your business does not have a wide range of activities, we suggest registering this type of company, because it costs less and costs about three thousand liras in total.
Also, in order to obtain the CEO’s work permit, the conditions for obtaining the permit are easier.
The registration time of this company is done in less than a few days.
But if you are more than one person and want to start your business as a partnership, you must register a limited liability company.
The responsibility for the company’s debts depends on the amount of each person’s initial capital contribution.
The minimum capital to register this company is about 5 thousand liras.
Company registration procedures in Turkey
- Determine the location of the company
- Setting up the company’s articles of association
- Receiving company registration forms in Türkiye
- Getting a tax number from the Turkish Finance Department
- Obtaining the approval of the company’s articles of association from the official office of Turkey
- Registration of the company in the Turkish Chamber of Commerce
- Official newspaper printing
- Obtaining confirmation of the power of attorney and sample signature from the Turkish official office
- Setting up the Turkish Finance Administration form
- Refer to the Turkish Finance Department and deliver the form from the previous stage to check and confirm this form and the address of the company’s office by this department
- Inspectors of the Finance Department visit your address to confirm the address
- Getting the company’s tax number after confirmation and final review
- Getting a business card
- Approval of accounting books
- Opening a bank account for the company
- Introduction of an official financial advisor
- All the above steps to register a company in Turkey are done in just 5 working days
Documents required for company registration In Turkey
- The original passport of each partner (valid for more than 6 months)
- Two pieces of 4 x 3 photos (color with light background)
- A few choice names suitable for the company
- Field of activity of the company in Turkey (Articles of Association)
- Determining the share percentage of each of the company’s partners
- Determining the company manager (or both partners)
We are with you in all stages of company registration, we do not leave you alone for a moment and we advise you on zero to one hundred tasks, it is good to pay attention to the fact that investing in any field and anywhere without having a consultant is a The work has already failed, so contact us now to benefit from our free consultation
