In Turkey, establishing a company is an essential and necessary step for investors heading to the country. Turkey's corporate legal system provides the framework that provides legal protection and a solid foundation for business and investment. The country's laws and regulations facilitate the company formation process, making it a preferred destination for investors. In this article, we will discuss company formation in Turkey according to the following table of contents:

Overview of companies in Türkiye:

Conditions for establishing companies in Türkiye:

What are the types of companies in Türkiye?

Documents required to establish a company in Türkiye:

Procedures for establishing companies in Türkiye:

Articles related to taxes and companies in Türkiye:

Overview of companies in Türkiye:

Licensing and establishing various types of companies in Turkey, obtaining all the necessary licenses to legally start your business in Turkey, registering products, obtaining the global coding code for your products, and everything related to legal matters related to companies and the commercial registry. This article is a reference in itself for you to draw from all the information you need before starting your commercial or industrial business. There may be some differences depending on the city or municipality where the business is located, but the overall principle is the same and indivisible.

Conditions for establishing companies in Türkiye:

Establishing a company in Türkiye is extremely easy and convenient, as the Turkish market offers ample opportunities for investors. The existing Turkish corporate law and related regulations are the cornerstone of this process.

Any foreign entity or individual wishing to invest in Turkey or launch a business can easily establish a company there. A company can be registered in Turkey by appointing a legal representative at the Turkish consulate in the country of residence or by working with a lawyer or consultant to register the company in a regular manner.

The requirements for establishing a company are easy, with quick and straightforward registration processes. Foreign investors can take advantage of this favorable legislative environment to start their business in Türkiye with ease, and legal representatives and lawyers help facilitate these processes.

What are the types of companies in Türkiye?

There are many types of companies in Türkiye, including the most common and widely used in Türkiye.

1- Private company or what is called personal company:

It is the simplest, easiest, least expensive and least complex and is recommended for people with small businesses that do not require a large number of employees or workers.

2- Limited Liability Company:

It is the second class of companies that includes more employees than a sole proprietorship and includes multiple businesses, such as import, export, manufacturing, etc., and includes multiple partners.

3- Joint stock company or what is called anonymity companies:

It is at the level of global multinational corporations and can include an unlimited number of companies under it. It includes an unlimited number of shareholders, but not partners. It is the most complex and costly in terms of establishment and procedures.

There are other special types that need not be mentioned due to their low demand and prevalence. They can actually be included under one of the previously mentioned types: a private company, a limited liability company, or a joint-stock company.

Documents required to establish a company in Türkiye:

Passport:

Partner Tax Number:

Turkish residence card:

Photo ID

Certificate of activity for legal entities:

Company headquarters address:

Ensure that all documents are completed, arranged, translated, and certified in accordance with Turkish legal requirements. It is also advisable to consult a lawyer or legal advisor to ensure proper enjoyment of all incorporation rights and privileges.

Procedures for establishing companies in Türkiye:

Establishing a company in Türkiye allows individuals and foreign companies the opportunity to participate in the Turkish market. Here's a quick guide to the main steps involved in establishing a company:

Legal form of the company:

Licenses and Permits:

Legal Advice:

Accounting and Taxes:

Determine the type of business:

Company registration:

Tax number:

Bank account:

Annual Reports:

Social Security:

Business Address:

Professional guidance and legal advice will help you navigate these procedures effectively and achieve business success in Türkiye.

Articles related to taxes and companies in Türkiye:

Corporate taxes in Türkiye

-Establishing a limited company in Türkiye

-Establishing a personal company in Türkiye