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Registering a Company in Turkey in 2025: Your Guide to Yacht Sales and Services

Registering a Company in Turkey in 2025: Your Guide to Yacht Sales and Services

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Registering a Company in Turkey in 2025: Your Guide to Yacht Sales and Services
M
I’m Evren ozmen, a CPA based in Istanbul, advising remote workers, freelancers, and international founders on Turkish tax and cross-border structuring. I focus on practical tax strategies around: 100% service export income deduction Tax residency in Turkey Company formation for foreigners Remote work and international income I break down complex tax rules into clear, actionable guidance — without losing the legal and compliance reality behind them. info@ozmconsultancy.com 🇹🇷 Türkiye genelinde; yazılım ve dijital ürün geliştiren şirketler, yurt dışına uzaktan hizmet sunan profesyoneller, Teknopark firmaları, oyun stüdyoları ve mobil uygulama şirketlerine Türkçe ve İngilizce mali ve vergisel danışmanlık hizmetleri sunuyoruz. 📘 Insights & Publications: https://medium.com/@evrenozmen 📩 For Online Tax Advisory & Accounting Services/Danışmanlık-Mali Müşavirlik Hizmetleri: info@ozmconsultancy.com

Registering a Company in Turkey in 2025: Your Guide to Yacht Sales and Services

Introduction: Set Sail on Your Business Journey in Turkey

Thinking about expanding your yacht sales and services business to Turkey? With its stunning coastline, bustling marinas, and growing market for luxury yachts, Turkey is a prime destination for entrepreneurs in the maritime industry. Establishing a company here not only opens doors to a thriving local market but also places you at the crossroads of Europe and Asia. Ready to anchor your business in one of the world’s most strategic regions? Let’s dive into the essentials of setting up your company in Turkey in 2025.


Why Turkey is the Perfect Hub for Your Yacht Business

  • Strategic Location: Access to the Mediterranean, Aegean, and Black Seas.

  • Growing Economy: A resilient market with increasing demand for luxury yachts.

  • Government Incentives: Attractive benefits for foreign investors, especially in maritime-related sectors.

  • Tourism Boom: Millions of tourists flock to Turkey’s coastlines annually, boosting the yacht charter and sales markets.


Step-by-Step Guide to Registering Your Company in Turkey

  1. Choose the Right Company Type:

    • Limited Liability Company (LLC): Ideal for small to medium-sized businesses.

    • Joint Stock Company (JSC): Suitable for larger operations with multiple shareholders.

  2. Prepare Your Documents:

    • Passport copies of shareholders.

    • Tax identification number (can be obtained in Turkey).

    • Articles of Association.

    • Proof of address for the company’s headquarters.

  3. Register Your Company Name:

    • Ensure your company name is unique and complies with Turkish regulations.
  4. Open a Bank Account:

    • Deposit the required share capital (e.g., TRY 10,000 for an LLC).
  5. Submit Documents to the Trade Registry Office:

    • Include notarized copies of your Articles of Association and other documents.
  6. Obtain a Tax Number:

    • Necessary for conducting any business activities in Turkey.
  7. Register for Social Security:

    • Ensure compliance with employee registration requirements if hiring staff.

Costs of Setting Up a Business in Turkey (2025)


FAQs About Starting a Yacht Business in Turkey

1. Do I need a local partner to register a company in Turkey?

  • No, Turkey allows 100% foreign ownership for most business types.

2. Are there any special licenses required for selling yachts?

  • Yes, maritime businesses may need specific permits depending on the scope of operations.

3. Can I purchase property for my business in Turkey?

  • Yes, foreign-owned companies can buy property in Turkey for business purposes.

4. How long does it take to register a company?

  • The process typically takes 1–2 weeks, assuming all documents are prepared.

5. Are there tax advantages for foreign businesses?

  • Yes, certain tax incentives apply, especially in free zones or for export-oriented companies.

Why Partner with Us?

  • Expertise in Maritime Businesses: Decades of experience guiding yacht sales and services businesses.

  • Tailored Solutions: From registration to tax optimization, we’ve got you covered.

  • End-to-End Support: Legal, financial, and operational consulting under one roof.


Take the Next Step Today!

Don’t navigate the complexities of starting a business alone. Contact us now to book a free consultation and let’s chart a course for your success in Turkey. Together, we’ll ensure your yacht business is ready to make waves in 2025!

Get Started Now!

info@ozmconsultancy.com