Are you looking to establish a company in Türkiye?

Look no further!

Our team of experienced consultants is here to guide you through the process of establishing your business, whether you're starting a new venture or expanding an existing one.

How Do You Establish a Company?

Determine Your Business Structure

The first step in establishing a company in Türkiye is to determine the most suitable business structure for your needs. Our consultants can assist you in selecting the most appropriate legal structure, such as a Limited Liability Company (LLC) or a Joint-Stock Company (JSC).

Preparing and Submitting Your Application

Once you have determined the appropriate legal structure for your business, our consultants can assist you with filling out the necessary forms, gathering the required documentation, and ensuring that your application is complete and accurate.

Receiving Your Company's Documents

After incorporation we help you in notarization processes, including but not limited to issuing your signature circular, your bank account if it is included in your package and set up a meeting with legal consultants for one hour of free consultation.

Why Choose Us?

Here are just a few reasons why you should choose us to assist you with establishing your company:

1. Expertise in Türkiye's Business Landscape

Establishing a company in Türkiye can be a complex process with many legal requirements to consider. Our team of experienced consultants has extensive knowledge of the Turkish business landscape and can provide expert guidance and support throughout the process.

2. Streamlined and Efficient Process

We understand that time is essential when establishing a company, and we work diligently to ensure that your application is processed quickly and efficiently. Our team will work closely with you to ensure all necessary documentation is submitted correctly and on time, helping avoid delays or issues.

3. Personalized Approach

Every business is unique, and we take a personalized approach to ensure that your company's establishment is tailored to your specific needs and requirements. We work closely with you to understand your goals and objectives and provide personalized support and guidance throughout the process.

4. Cost-Effective Solutions

Establishing a company can be a costly process, and we understand the importance of providing cost-effective solutions for our clients. Our team will work with you to find the most cost-effective approach to establishing your company, ensuring that you receive the best possible value for your investment.

Our Process Timeline

Below is a chronology of the process:
Preparing and Submitting Your Application
Application Review
Attending the Appointment
Obtaining a Tax ID Number
Opening a Bank Account

Frequently Asked Questions

We’re happy to help with any questions you have. If you need more information, you can contact us using the chatbox on the side or the form below.

The process for establishing a company in Türkiye involves several steps, including selecting a company type, choosing a company name, obtaining a tax number, preparing articles of association, and registering with the Trade Registry. Our team of experienced consultants can guide you through each step of the process and ensure that your company is established in compliance with Turkish law.

Several types of companies can be established in Türkiye, including joint-stock companies, limited liability companies, commandite companies, and cooperative companies. The type of company you choose will depend on several factors, including the number of shareholders, the amount of capital you have to invest, and the level of liability protection you require.

The requirements for establishing a company in Türkiye vary depending on the type of company you choose. Generally, you will need to have a minimum amount of capital, obtain a tax number, and register your company with the Trade Registry. Our consultants can assist you in determining the specific requirements for your situation.

We promise that you will have an established company in seven business days after the documentation is complete.

Advantages of Establishing a Company in Türkiye

Türkiye's strategic location at the crossroads of Europe and Asia provides significant opportunities for businesses to tap into new markets and expand their reach. The Turkish government has also taken steps to improve the business environment by reducing bureaucracy, streamlining regulations, and offering incentives for foreign investment.

Highly Skilled Workforce and Infrastructure in Türkiye

The country boasts a large pool of young and talented individuals eager to contribute to the country's economic growth. Furthermore, Türkiye has a well-developed infrastructure, including modern transportation, banking, and telecommunications systems.

Is A Consultant Mandatory?

While it is not required by law to hire a consultant to establish a company in Türkiye, it is highly recommended to do so. Here are some reasons why you need a consultant to establish a company in Türkiye.

Legal Expertise

We can provide you with the expertise and guidance necessary to ensure that your company is established in compliance with Turkish laws and regulations. They can help you navigate complex issues, such as tax issues, labor laws, and corporate governance.

Time and Cost Savings

Hiring a consultant can help you save time and money by streamlining the process of establishing your company. A consultant can help you avoid mistakes and delays that could result in costly legal disputes or fines.

Tailored Advice

A consultant can provide you with tailored advice based on your specific business needs and goals. They can help you choose the right legal structure for your company, draft articles of association, and negotiate contracts and agreements.

Post-Formation Support

A consultant can provide ongoing support after your company is established, including advice on compliance issues, contract negotiations, and dispute resolution. They can also help you with any future legal needs that may arise as your business grows and evolves.

WHY TÜRKIYE?

Strategic location between Europe and Asia

Türkiye's strategic location provides businesses with easy access to both the European and Asian markets, as well as the Middle East and Africa, making it an ideal hub for trade and investment.

Strong and steady economic growth

Türkiye's economy has grown rapidly over the past decade, with a young and educated population driving innovation and entrepreneurship in various sectors, making it a promising destination for foreign investment.

Favorable Business Environment

Türkiye has implemented several reforms to make it easier for businesses to establish and operate in the country, including incentives and subsidies for investment in various sectors, creating a favorable environment for business growth.

Highly skilled and educated workforce

Türkiye's highly skilled workforce includes a large number of technical professionals and engineers, with a growing number of universities and technical schools providing specialized training in various fields, creating a pool of talent for businesses to tap into.

Access to markets in Europe, Asia, and the Middle East

Türkiye's membership in the Customs Union with the EU and free trade agreements with other countries provide businesses with access to a vast market of over 500 million consumers, making it an attractive gateway to various regions.

Competitive costs for businesses

Türkiye offers a competitive cost structure for businesses, with lower labor and production costs than many other countries in Europe, as well as a well-developed infrastructure and logistics network, which can help businesses reduce their operating costs, improving their profitability.

Company Formation In Turkiye Easy And Fast Processing

Company formation also called company registration in Turkiye is a multistep process and involves the approval of various ministries. Each ministry has its own requirements, and a company has to meet those requirements for successful business registration.

Following the new procedure for company formation in Türkiye:

Step #1: Issuing a Power of Attorney

The first step is to get a Power of Attorney from the client. We will draft the initial PoA document for the client to sign and issue. This process can be done remotely and from any Turkish consulate. After getting the signed PoA, Our team will send the client the form to get the company details and start the establishment process.

Step #2: Filling the Company Information Form

The second step is to fill up a form that we will send the client with the required details of the company such as the title and activity of the company as well as the shareholder’s information. 

Step #3: Preparing the Articles of Association

This document outlines the company’s operating rules, share structure, and governance. Our team will draft and notarize it.

Step #4: Application to the Trade Registry Office

Submit the Articles of Association and other required documents to the Trade Registry Office. Required documents typically include the incorporation declaration form, notarized signatures of the company managers, and a bank letter proving capital deposit, among others.

Step #5: Opening A Bank Account

We will open a bank account in the company’s name in the desired Turkish bank, and the amount of capital will be deposited.
Company bank account opening requirements:

Company bank account Features:

  • Online Banking Facility: Yes
  • Multiple Authorized Signatories (singly/jointly) yes
  • International Wire Transfers Facility: Yes
  • Trade Finance: Yes
  • Corporate Debit Card: Some banks allow others not.
  • Multiple Currency Accounts: Yes

DO YOU HAVE MORE QUESTIONS?

You can send us your questions via the form below or the dialog box on the side. We’ll get back to you right away. or you can reach us live via the dialog box on the side.