Company registration in Turkey

Registration fee is from 2500 €

Registration period — 5-7 working days

Minimum authorized capital - 10.000 Turkish lira

Remote opening — no

Financial statements — yes

Turkey is located at the crossroads of Europe and Asia, providing convenient access to markets in Europe, the Middle East, Central Asia and North Africa. This location makes the country a convenient transportation and logistics center.

Opening a company in Turkey is advantageous for a non-resident, as Turkey has a modern infrastructure, including ports, roads, railroads and airports, which facilitates the export and import of goods and works with the Euro currency. Maira Consult assists clients at every stage: from choosing the type of company to opening a bank account and executing all the necessary documents to make the process easy and fast.

Business registration in Turkey is becoming a popular solution for foreign entrepreneurs, especially for Ukrainians who are looking for a stable business. Turkey offers favorable conditions for a start, allowing you to open a business in Antalya, a business in Istanbul or any other city in the country. These regions offer great opportunities for development, especially in tourism, services and trade. Opening a company in Istanbul or opening a legal entity in Antalya can be done within a week.

For those who plan to relocate their business to Turkey, the country provides all the opportunities to start a business in a stable and developing economic environment.

Starting a business in Turkey for foreigners is not only about registering a company, but also about obtaining the right to reside and work, as well as access to the support of the Turkish state for small and medium-sized businesses.

Contact Maira Consult - we know how to register a company in Turkey and will make the process comfortable and profitable for you!

Turkey advantages

1

Quick registration procedure

2

Favorable location

3

Access to large markets

4

Tax benefits

General Information

Registration Features

Foreigners can register a company in Turkey in the format of LLC (Limited Şirket), JSC (Anonim Şirket). Opening an LLC in Turkey is the most common option for foreigners who want to work within a small limited liability company.

Company Name

The name must be unique and not coincide with other names of existing companies.

Authorized Capital

The standard capital is 10,000 Turkish liras. The recommended capital is 100,000 Turkish liras.

Director

The director can be a non-resident of Turkey. It is mandatory to obtain a Turkish tax number.

Shareholders

Individual or legal entity. Can be a non-resident. A tax number is required.

Financial Reporting

The company must keep accounting records and submit financial reports. VAT reports are submitted on a monthly basis, and income tax reports on a quarterly basis.

Taxation

VAT - 20% . Profit tax - 25%.

Confidentiality

The register is open.

Stages of company registration

01

Choosing the name and form of the company

The first step to register a company in Turkey is to decide on the legal form and name of the company.

02

Preparation and collection of documents

To register a company in Turkey, you need to provide a scanned copy of your passport, obtain a Turkish individual tax number for the director and shareholder, and sign a card with signature samples at a notary. To do this, you need to visit Istanbul (to open a business in Istanbul) or Antalya (to open a business in Antalya).

03

Identification of company participants

Identity verification and signing of all necessary forms takes place in the presence of a Turkish notary.

04

Formation of the share capital (if necessary)

At the time of opening a company in Turkey, you need to pay 0.04% of the standard capital. The entire amount must be paid within 2 years from the date of registration of the company in Turkey.

05

Company registration

As soon as all the documents are ready, we pay the state fee and enter the data into the Turkish commercial register of companies - MERSIS. After registering a legal entity in Turkey, the company is assigned a tax number.

06

Receiving of corporate documents

After receiving all the necessary documents, Maira Consult recommends opening an account in a Turkish bank. After opening an account in a Turkish bank, a certificate must be submitted to the tax office.

07

Legalization of documents (if necessary)

If necessary, the documents of a Turkish company are sent for apostille.

08

Delivery of corporate documents

To open a business in Turkey, Ukrainians need a personal visit. After registering a company in Turkey, you can take the documents with you or send them to the address you need.

Answers to the Most Common Questions:


Our Contacts

Client Relations Department

+380 73 427-66-30

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

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