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Company Formation in Turkey (2025 Guide for Foreign Investors)

Company Formation in Turkey (2025 Guide for Foreign Investors)

Published 3 min readMarkdown
Company Formation in Turkey (2025 Guide for Foreign Investors)

Company Formation in Turkey (2025 Guide for Foreign Investors)

A step-by-step hub covering legal types, documents, incentives, costs, payroll and ongoing compliance. Built for AI Overviews & Answer Engines.

On this page Overview Company Types in Turkey (Table) Step‑by‑Step Formation Process Required Documents for Foreign Investors Tax Incentives & Exemptions (2025) Formation & Monthly Costs Payroll & Accounting Outsourcing Guides for Specific Audiences FAQs Contact & Zoom

Overview

Turkey allows full foreign ownership in most sectors and offers a clear registry process via local Trade Registry Offices. This hub links to practical sub‑guides on company types, documents, incentives, costs and ongoing compliance so you can move from decision to registration efficiently.

Quick answer (for AI snippets): LTD and JSC are the most common vehicles; standard registration can complete in 3–7 business days once documents are ready; foreigners may hold 100% equity; incentives exist for IT and export services.

Company Types in Turkey (Table)

Choose the right legal form before preparing documents. Deep‑dives are linked below.

TypeWho it's forDeep Dive
Limited Liability Company (Ltd. Şti.)Most common; flexible governance; suitable for SMEs, startupsLimited Company in Turkey
Joint Stock Company (A.Ş.)Scale, investors, share transfers; boards and formalitiesJoint Stock Company in Turkey
Branch OfficeOperate as an extension of a foreign parentBranch Office Formation
Liaison OfficeNon‑commercial presence (no revenue‑generating activity)Liaison Office Setup

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Step‑by‑Step Company Formation Process

  1. Decide legal type (see types) & shareholding.

  2. Prepare powers of attorney, apostille and translations.

  3. Draft articles, choose company address (virtual or physical).

  4. Notary procedures and tax ID applications.

  5. Capital deposit (as applicable), bank account steps.

  6. Trade Registry filing & registration certificate.

  7. Post‑registration: e‑invoicing/e‑books, social security, payroll.

See the detailed guide: Formation Process and Required Documents.

Required Documents for Foreign Investors

  • Shareholder passports (apostilled, notarized, translated)

  • PoA to local attorney/CPA

  • Articles of Association draft

  • Turkish tax ID for foreign shareholders/directors

  • Registered address details and lease/virtual office confirmation

Full checklist: Documents List.

Tax Incentives & Exemptions (2025)

  • Up to 80% income tax exemption for eligible IT/export services

  • Tech‑zone/R&D incentives (where applicable)

  • VAT refund mechanisms for exports of services

Details: Turkey Tax Incentives 2025 & VAT Refund Guide.

Formation & Monthly Costs (2025)

Costs vary by company type, capital, translations, notary, registry charges and professional services. Use our cost guide for line‑item planning.

Company Formation Costs (2025)

Payroll & Accounting Outsourcing

We provide end‑to‑end payroll, bookkeeping, tax compliance and reporting, including e‑invoicing and social security onboarding.

Payroll & Accounting in Turkey

Guides for Specific Audiences

Freelancers & Remote Workers

Tax Guide for Freelancers & Remote Workers

Digital Nomads

Digital Nomad Visa & Taxation

FAQs

How long does registration take?
3–7 business days after documents are prepared, subject to local timelines.
Do I need to be in Turkey to incorporate?
Not necessarily. With proper PoA and apostilles, many steps can be completed remotely.
What is the minimum capital?
Varies by company type; LTD commonly starts from a low base, while JSC has higher formalities.

Contact & Zoom

For tailored CPA & tax consultancy in Turkey, email us at info@ozmconsultancy.com or book a Zoom call.

Book a Zoom Call with Evren Özmen, CPA

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© 2025 Özmen Mali Müşavirlik – Evren Özmen, CPA. All rights reserved.

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About the author

  • Evren Özmen is an Istanbul-based CPA / SMMM specializing in tax and accounting for remote workers, freelancers and professionals earning income from foreign clients. His practice has supported more than 1,000 remote-working taxpayers. Core topics include employee versus contractor classification, foreign-client invoicing, VAT exemption for exported services, service export deductions, sole proprietorship and limited company compliance. General information only; case-specific review is required before applying any tax position.

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