MAIN STEPS FOR LAUNCHING A COMPANY IN TURKEY

1. CHOOSE THE BUSINESS STRUTURE

PREPARE THE BUSINESS

The limited liabilty company can be proper business for foreign investors in Turkey. We are experienced in the field and can guide you register the business.

 

2. PREPARE THE DOCUMENT

The Article of Association need to be drafted and notarized before being submitted to the Turkish Trade Register.

CONDITIONS TO OBSERVE

The Article of Association need to be drafted and notarized before being submitted to the Turkish Trade Register

3. APPLY THE LICENSE and PERMITS

MANDOTARY REQUIREMENTS

Licenses and permits are obtained in accordance with the type of activities the future company will have.

4. REGISTER FOR TAX PERPOSES

TAXES IN TURKEY

Companies in Turkey are accepted as tax payers. The registration for tax purposes and social contributions is mandatory for foreign investors in Turkey.

5. OBTAIN THE COMPANY SEAL

READY FOR BUSINESS

Once the company stamp is obtained, the business can have activities an the market, in compliance with the Company Act and other applicable law.

Documents Needed to Open a Company in Turkey

One of the most important steps in opening a company in Turkey is the preparation of the documents needed to register the business with the Trade Register.

The main set of documents which need to be drafted and notarized is the Articles of Association which need to contain all the details of the shareholders – their names, their places of residence

The necessary documents for registering a company in Turkey must be notarized and consists in 3 copies and the original of the articles of association, 2 copies of the signature documents, 2 copies of the identification documents of the firm managers, one copy of the passport for each foreign shareholder and 3 copies of a notification form of establishment. Other requirements are the original receipt from the Ziraat Bankasi, proving that the 0,04% from the capital were deposited the Competition Authority, the certificate of deposit of the minimum capital. For tax reasons, the company has to submit the certificate of registration, which will contain the tax number.

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