Company Set up Turkey 2025
Company set up Turkey 2025
To set up a company in Turkey, you must first choose the company type, like a Limited Liability Company (LLC) or Joint Stock Company (JSC), and draft the Articles of Association (AoA), which are then submitted online via the MERSİS system. Key steps also include obtaining potential tax IDs, notarizing official documents, depositing the required capital, and applying for registration at the Trade Registry Office. You'll also need to certify legal books, complete post-formation registrations for tax and social security, and secure any necessary permits or licenses for your business activities.
Key Steps for Company Setup:
Choose a Company Type: Decide between types like Limited Liability Company (LLC) or Joint Stock Company (JSC) based on your business needs and capital requirements.
Draft Articles of Association (AoA): Prepare the company's foundational document, outlining its structure and operations.
Register via MERSİS: Submit the AoA and other required documents online to the MERSİS (Central Registry Registration System) for initial processing.
Obtain a Tax ID: Secure potential tax identification numbers for the company and its founders.
Notarize Documents: Get your company's official documents, such as the AoA, and the signatures of your company managers notarized by a Turkish notary public.
Deposit Capital: Deposit the required minimum share capital into a company bank account.
Apply for Trade Registry: File the completed application and all required documents with the Trade Registry Office.
Certify Legal Books: Obtain certified legal books from the Trade Registry Office.
Finalize Registrations: Follow up with the tax office to confirm registration and complete necessary registrations with the Social Security Institution.
Obtain Licenses & Permits: Secure any specific permits or licenses required for your industry.
Essential Documents:
Articles of Association (AoA)
Notarized passports of founders/shareholders
Founders' declaration
Proof of business address (e.g., lease agreement)
Notarized signature declaration for managers
Bank receipt for capital deposit
Power of Attorney (if using a consultant)
Important Considerations:
Foreign Ownership: Foreign investors can own 100% of a Turkish company.
Remote Setup: Foreigners can complete the entire process remotely by providing a notarized and apostilled power of attorney to a local representative.
Work Permit: A work permit is mandatory for foreign directors.
Industry Restrictions: Some sectors, like energy, media, or aviation, may have specific restrictions or require additional permits.
For more information and company set up services Turkey
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