How do I register a company in Turkey?
How do I register a company in Turkey?
If you want to register a company in Turkey, you should decide some titles before getting action. These titles are;
- Name of the company
- Type of the company
- Address of the company ( can be virtual office)
- Capital Amount
- Shareholders
Name of the Company
According to the Turkish commercial code you do not need to determine your name Turkish. You can choose english or other languages
Company types in Turkey
Mainly there are three types of companies in Turkey
- Individual company
- Limited liability company
- Joint Stock Company
To set up individual company at least 5 years residence permit needed. But for other types there is no need. I recommend LLC because it is faster and easier establishment process when compare to Joint stock company
Address of the company
Address of the company can be physical or virtual. If you rent a physical office do not sign before sending us. Because there may be some risky conditions.
Capital Amount
- Limited liability company least capital amount is 10.000 TRY
- Joint stock company least capital amount is 50.000 TRY
For more information you can mail us: info@ozmconsultancy.com
Here you can find the detailed list of approximate company establishment costs
Document costs to be completed during the establishment of the company
Signature statement for the company manager — 44,00 TRY
Identity card example for each shareholder — 50,00 TRY
Power of Attorney for company establishment — 450,00 TRY
Commercial book approval fee for 100 page — -250,00 TRY
Signature circulars for the manager ( After establishment)- 450,00 TRY
Power of attorney to us for establishment — 450,00 TRY
Sworn Translation fees— 1500,00 TRY
- Tax office expenses
Stamp tax — — — 100,00 TRY
- Trade Registry expenses
Trade Registry expenses — -1500 TRY
Total legal costs excluding our service fee is approximately 7500–8000 TRY
