A complete guide to registering a company in Turkey

TAMTURKEY company with years of experience and expertise in the field of company and brand registration in Turkey and commercial and financial affairs, performs all steps of company registration and opening a company account with a passport and without the need to stay in Turkey.

We will accompany you in all stages of starting a business and entering the world of global trade

It is enough to visit the beautiful city of Istanbul and TAMTURKEY office once

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In this article, we will explain and consider the following :

Registering a company in Turkey and ten important and key points
The process of registering a company in Turkey
Required documents for company registration in Turkey
The company’s current costs in Turkey
Advantages of registering a company in Turkey

Company registration in Turkey

For any business activity, such as opening a restaurant, cafe, beauty salon, etc. in Turkey, you must first register. All foreigners in Turkey must first register to start any business.

By establishing a company in Turkey, you can get a work permit for yourself, and after receiving a work permit, you can enter and leave Turkey without restrictions, insure yourself and get a long-term residence after 5 years. Pay attention to this issue. There are cheaper and easier ways than establishing a company in Turkey just to obtain residency.

Registering a company in Turkey and ten important and key points :

The following are important points in the process of registering a company in Turkey.

The establishment of a company in Turkey can be done with a passport and without a KIMLIK, and it is not necessary to obtain a KIMLIK residence in Turkey before registering the company in Turkey.
In Turkey, there are three general types of company registration: personal company registration, limited liability company registration, and anonymous or cooperative company registration.
It is not necessary to have an office in the process of registering a company in Turkey, you can also provide your home address as a home office to the registration office.
Personal registration is more for Turkish citizens. For example, a company’s registered capital must be reflected in the account once, but in a limited liability company you can first show a quarter as the initial capital and then three quarters to the state. The problem is that identified upon receipt of residence.
You should have one or two common names such as consulting and trading…. Or a travel company… Introduction and Lee In the company’s charter you can enter general issues that are not related at all, such as medicine, clothing or construction, and so on.
The company registration process in Turkey is done within a week to 10 days.
Under Turkish law, you must present to the government’s accountant for tax and administrative matters. The experience and knowledge of this accountant or his lack of experience and knowledge can be very important for the company.
After registering your company, you must pay a quarter of your monthly rent to the tax office.
If you do not have invoices, you will pay at least $ 200 per month for the company’s usual expenses.
To obtain a place of residence, the minimum human capital is one hundred thousand lire.

Stages of company registration in Turkey :

There are some prerequisites for registering a company in Turkey, the steps of which we have mentioned for you:

Official translation of the passports of the company’s partners and their confirmation in the registry office (NOTER)
Choose a certified accountant
Adjust the company’s charter
Obtaining the tax number of the company’s shareholders in the relevant institution
Create a special form to create a company
Adjust the form of the Chamber of Commerce
Set up a commitment form at (Chamber of Commerce)
Official registration of the CEO’s signature in the registry office (NOTER)
Official approval of the statutes in the registry office (NOTER)
Contribute 1/4 of the company’s capital to one of the Turkish banks
Print the company’s official newspaper
Registration of rent for the company
Obtaining a company tax number from the relevant service
Confirmation of the working address by the employee of the tax inspection
Get a business card
Certification of accounting offices
Opening a bank account of the company

Documents required for company registration in Turkey :

To register a company in Turkey, you need to provide the auditor with the following documents so that your company can be registered in Turkey within a week within 10 working days. Before registering a company in Turkey, you need to prepare an economic code.

Original passport of each partner (valid for more than 6 months)
Two photos (color – light background)
Several company names to choose from
The scope of the company
Determining the percentage of each partner’s share in the company
Appointment of the head of the company (one of the partners)
Determining the address of the company’s office in Turkey
Power of attorney for the person appointed to register the company
The minimum capital is 10,000 Turkish lira, a quarter of which (2,500 lira) will be blocked in the company’s account for several days.

The company’s running costs in Turkey:

Accountant’s fee (monthly official remuneration of the accountant 400 lira and above)
Remuneration to employees (optional, but better paid for the company’s loan in the future)
The cost of renting office space
Employee salaries and insurance costs and insurance of company members
The cost of water, electricity, telephone and internet
If the place of work is rent, 23% rent tax (stop)
Expenses for official offices and its sealing in assets (approximately 1000 lira per year)
Income tax (equivalent to 18% of the company’s net profit)

Advantages of registering a company in Turkey:

You do not need to have a Turkish partner and you can own 100% of your company.
Turkey can connect with global markets.
Turkey has a very good trade relationship with most countries.
The cost of registering and supporting a company in Turkey is much lower than in other countries.
The cost of living in Turkey is much lower than in other European countries.
Taxes in Turkey depend on the value of your income.
The process of registering a company in Turkey is short.

Note that if you have an employee, a citizen of Turkey, and insure him from day one, in addition to lower bonuses, the process of obtaining a Turkish work permit will be easier.

Consultants for registration of companies in Turkey at your service. Click here for advice on WhatsApp .

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