How to Form Company in Turkey?

Our company formation lawyers are experienced to form company in Turkey including a limited company, joint stock company, holding company, branch office, liaison office, free zone company, management, and governance in Istanbul.

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We do provide services to form companies in Turkey and provide other company governance services for foreign persons and companies. We’ve been assisting clients from Baltic countries and Russia to start their businesses and their swift migration to Turkey.

We have a customs agency in our office building and many of our clients use their services to perform transit trade to Russia and other countries. We also provide company address services for foreign companies and our rates are very moderate.

Forming a Company in Turkey is Easy

Form Company in Turkey is Easy

Moreover, we have established more than 260 companies for our foreign clients including Spain, UAE, Ukraine, Russia, UK, Morocco, Lebanon, Syria, S. Korea, Germany, Italy, Jordan, Vietnam, Poland, France, Pakistan, China, Hong Kong, USA, Malaysia, Iran, Portugal, Norway, Canada, Saudi Arabia, Iraq, and Kuwait.

How Many Days Needed to Form Company in Turkey?

We can form your company and open bank accounts and get online banking in 1-2 days if partners are in Turkey and the company formation process will be faster and cost less.

We can form your company remotely if you are not in Turkey, however, the setup process will be longer and cost more.

Steps to Form a Company in Turkey

According to the Turkish Commercial Code, a limited company (LLC) requires a minimum of one partner and it can be a legal entity or a real person, there can be a maximum of 50 shareholders. The partner/partners can be Turkish or foreign as well. Foreigners can own 100% of a company and transfer their profit out of Turkey without any problems.

The minimum required capital for a limited liability company is 50,000. -TL (Turkish lira). The capital of the company shall be paid in two years and up to four installments.

Roadmap to Form Company in Turkey

  • Partners’ passport translation and notarization
  • Obtaining tax id numbers for the partners
  • Getting Power of Attorney from the partners for company formation before the Notary Public
  • Determining and reserving the company title
  • Signing a lease contract for the company address
  • Preparing online company establishment procedures
  • Filing company details at the Istanbul Chamber of Commerce online
  • Filing company Articles of Incorporation online and getting them approved
  • Filing all the documents at the Istanbul Chamber of Commerce and paying official company registration fees
  • Obtaining a company registration certificate from the Istanbul Chamber of Commerce
  • Getting signature circular notarized at Notary Public
  • Giving Power of Attorney to an accountant on behalf of the company
  • Opening company bank account

We Need the Following Documents to Form Company in Turkey

From Real Persons;

  • 2 Translated and notarized passport copies
  • 2 Passport photos
  • Power of Attorney to us for incorporating the company from each shareholder
Bank Account Opening for Your Company

Bank Account Opening for Your Company

We open bank accounts for companies established in Turkey. Nowadays, there is a huge demand for bank account opening by foreign companies in Turkey. We assist you in opening company bank accounts.

We need the below documents for the company bank account:

  • Company articles of incorporation.
  • Shareholders’ and directors’ passport copies and their addresses prove documents such as a utility bill.
  • Turkish tax id number for each shareholder (we will get it).
  • Signature circular for the company.
  • Company stamp.

Our Services to Form Company in Turkey

Our attorneys are experienced in the formation and governance of the below company types;

We regularly advise clients with respect to establishing a company in Turkey. Our services with respect to company formation include advising and drafting documents in connection with the formation of corporations, limited liability companies, and liaison offices.

Reach us to Form a Company in Turkey

Our Turkish lawyers are prepared to assist your company formation in Turkey. Our company formation lawyers are experienced in limited companies, joint stock companies, branch offices, liaison offices, and free trade zone company formation, management, and governance in Istanbul.

Akkas CPA is one of the leading law firms providing company formation services in Istanbul, Turkey. You may reach us to form a company in Turkey through our Contact page.