Akkas CPA is a globally recognized Turkish Accounting Firm with a long record of excellence and professional leadership to register a non-profit organization in Turkey. Our accountants provide all kinds of accounting services in Turkey required to run your company in Turkey.
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After registering a non-profit organization in Turkey, you will need to hire an accountant & CPA to manage the financial issues and offer solutions to lower the costs for your business. A good accountant will help you save money and make your company more efficient in terms of costs. In a short time, if your company is managed well from all points of view, the profit will increase.
Register Non-Profit Organization in Turkey
Our company formation team is prepared to assist you in registering a non-profit organization in Turkey before the Turkish Ministry of Interior. At the crossroads between Europe and Asia, Turkey offers a welcoming environment for all foreign investors, Turkey is known and broadly recognized as a major commercial hub. Akkas CPA handles all the steps required to register a non-profit organization in Turkey. Please contact us via email or phone to register a non-profit organization in Turkey.
The non-profit organizations in Turkey are established as foundations and associations and are governed by the “Law for Foundations” and the “Associations Law”. The Turkish associations are non-profit membership organizations created to achieve an objective stated in its Statute and with no permission to achieve profits for its members. At least seven founders are needed to establish an association.
Steps required to register non-profit organization
The associations opened in Turkey have a statute which contains the name and headquarters, the objectives and the activities planned to be performed to achieve those, details regarding the founders (their names, their profession, their address, and nationality), the conditions for obtaining the membership or to be withdrawn, the method of appointing and the frequency of meeting of the association’s general council.
The responsibilities and powers of the general council and the methods and forms of voting and decision making, responsibilities and powers of the board of management and audit board, method of election, the number of permanent and reserve members, if the association is to have branches and details regarding it.
The yearly subscription dues, the methods of internal audit, how the statute can be amended, modality of dividing the remaining assets in case of dissolution.
Required capital for a Turkish non-profit organization
The recognition of the statute of association is earned after the submission of the foundation deed and other documents, such as the statute and a list of all the members to the Ministry of Interior Department of Associations.
The bodies of the associations opened in Turkey are the general council, the board of management, and the audit board.
The associations created in Turkey may be organized in federations (formed by a minimum of three associations) or in confederations (formed by at least three federations).
The Turkish foundations are non-profit organizations without membership established to achieve a specific objective prescribed in its Statute. The foundations are governed by “The new Foundation Law” adopted and put into effect on February 20, 2008.
A minimum of 50,000 Turkish Liras is necessary to establish a Turkish foundation.
The body handling the registration of the foundations opened in Turkey is the General Directorate of Foundations.
Annual reports have to be delivered to this body and if the foundation set up in Turkey is also performing activities for the public benefit, then the reports have to be delivered to the Ministry of Finance.
Reach us for Registering a Turkish Non-Profit Organization
Akkas CPA is one of the globally recognized Turkish Accounting Firms with a long record of excellence and professional leadership in Istanbul, Turkey.
Thanks to its nationally recognized accounting services, our accounting firm is now one of the leading accounting firms in Istanbul, Turkey. You may reach our accountants to register a non-profit organization in Turkey by sending an email to us.
