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Company Registration in Turkey

Company Registration in Turkey for Successful Investment

Introduction

Company Registration in Turkey

Do you dream of conquering the peaks of international business? Are you looking for a safe and dynamic environment for investment? Registering a company in Turkey can be the golden key to your success and wealth.

Why Turkey?

Turkey, as a member of the Customs Union, provides easy access to large European markets. Additionally, the country has favorable conditions in terms of infrastructure, skilled labor, and government support for foreign investors.

Types of Companies in Turkey

In Turkey, several types of companies can be registered, including:

  • Limited Liability Company (LLC): The most common type of company, suitable for small and medium-sized businesses.
  • Joint Stock Company (JSC): Appropriate for larger, publicly-held companies.
  • Collective Company: In this type, all partners share joint and unlimited responsibility for the company’s debts.
  • Free Zone Company: If you’re looking to expand your business in an area with special tax and customs advantages, registering a company in Turkey’s free zones can be a suitable option.

With a minimum investment of 2 million Lira and a business plan, you can benefit from:

  • Tax and customs exemptions
  • Advanced infrastructure
  • Strategic geographical location
  • Simplified and fast regulations

The subject of the company for registration in Turkey’s free zones should be one of the following:

  • Production and buying or selling
  • Warehousing
  • Assembly and disassembly of parts
  • Repair and maintenance
  • Banking and insurance registration
  • Import-export company registration or exchange office

Required Documents

  • Valid Passport (translated into Turkish)
  • Tax Number
  • Company Articles of Association: This should include information such as the company name, type, address, business activity, capital, number of shares, and the powers and duties of managers. You must select a legal address in Turkey for your company.
  • Company Registration Declaration: This declaration must be signed by all partners and summarize the company’s information.
  • Proof of Financial Capacity: The company must demonstrate that it has the necessary initial capital to commence operations.
  • Power of Attorney: If the individual is absent, a power of attorney along with the attorney’s documents is required.
  • Financial Advisor: Having a financial advisor is a requirement for obtaining company registration approval.

Steps for Company Registration

  1. Choose the Company Type: The first step in registering a company in Turkey is selecting a type that suits your goals and needs.
  2. Prepare Required Documents: After selecting the company type, prepare all necessary documents with accuracy and detail.
  3. Pay Registration Fees: Registration fees include government fees, notary fees, and official translator fees.
  4. Register the Company: After completing the above steps, submit your documents to the Companies Registration Office. The office will review your documents and issue a registration certificate if they comply with the laws and regulations.

Important Notes

  • You do not need to be physically present in Turkey to register a company.
  • You can utilize the services of lawyers and consultants specializing in company registration.
  • The laws and regulations regarding company registration in Turkey are subject to change, so you should be informed of the latest regulations before proceeding.
  • The cost of registering a company in Turkey will vary based on the type of company, investment size, and services you choose.

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Complete Guide to Company Registration in Turkey for Successful Investment

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Learn how to register a company in Turkey successfully with this comprehensive guide. Discover types, requirements, and benefits for investors.

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