At the crossroads between Europe and Asia, offering a welcoming environment for all foreign investors, Turkey is known and broadly recognized as a major commercial hub. Operating from our fully-fledged Istanbul office, we have hands-on experience in all company establishment procedures in Turkey and provide our clients tailor-made solutions.
The limited liability company is the most used type of business in Turkey, mostly for small to medium sized businesses, because of a relatively easy registration process, low corporate taxes and a lot more advantages. A Limited Liability company is founded by at least 1 members, natural persons, or legal entities and they are held liable for the company’s losses and debts only to the extent of their contribution.
Any foreign company is able to set up branch entities in Turkey. These can be set up as separate entities from the parent company (Turkish companies having the foreign company as shareholder) or extensions of the parent-company in Turkey.
Please do not hesitate to contact us for more information, an initial free-of-charge consultation and our competitive quotes.
General Requirements for Company Formation in Turkey
– Any person of any nationality or residence can be director or shareholder in a Turkish company;
– the shareholders of a company registered in Turkey can be both natural persons or legal entities;
– a company in Turkey must hold a local registered office; a service that we provide;
– the registration of a Limited Company requires the injection of a share capital of 10,000.00 TL out of which ¼ (2,500 TL)
should be deposited in a bank account upon the registration of the company.
– According to the New Turkish Commercial Code a limited liability company requires at least 1 director and 1 shareholder
