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What is the Process Registration of a Company in Turkey?

Turkey is a transcontinental nation that is located conveniently between Europe and South-Western Asia. The nation has an incredible business growth and development plan that makes it one of the most liberal international business locations.

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What is the Process Registration of a Company in Turkey?

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  1. What is the Process Registration of a Company in Turkey? Turkey is a transcontinental nation that is located conveniently between Europe and South-Western Asia. The nation has an incredible business growth and development plan that makes it one of the most liberal international business locations.

  2. The Company Formation in Turkey is quite easy and simple. A company can be incorporated in the nation with one shareholder! The value of the capital investment is a mere 10k TL that is unmatched by any other nation. Moreover, you can opt to incorporate your business in the Free Trade Zone without your physical presence! The Government further offers tax benefits, incentives, and discounts for such businesses.. As a result, foreign investment is booming in the nation. Its economy is also rated as one of the fastest-growing economies in the World. The nation is further ranked as one of the top destinations for carrying out business. There is no intervention of the Government for the entire registration process.

  3. Types of business structures recognized for company registration in Turkey – The following business structures are eligible for the process - The Turkish Joint-stock company- The board members and the shareholders for such businesses are appointed. The same can list its shares in a public listed Turkish stock exchange. The Limited Liability Company or LLC- This type of Turkish company has a liability that is limited to a particular amount. The members have separate liability from that of this company. Directors and shareholders need to be appointed to carry out the duties. A branch office-The same is an extension of the foreign parent company. Often the liability of the branch is under the parent company. It is liable to pay a specific percentage of the corporate tax. Turkish Free Zone company-It is one of the easiest ways to incorporate a company. It comes with a lot of allied benefits. Capital can also be repatriated back to the home country.

  4. Capital investment The minimum capital investment needed for Company Registration in Turkey is - For a joint- stock company, the value is 50,000 Turkish Liras (TL). For a non-public joint-stock company, the same is 100,000 TL. The minimum investment for capital for a limited liability company is 10,000 TL. The minimum number of shareholders for such company incorporation is 1, and there is no maximum limit. Similarly, there must be a minimum of 1 director in a Turkish company. The same can be an international citizen. The funds can be repatriated to the home country as well. The nation has a liberal foreign investment scheme.

  5. Documents required for the process - Business registration in the region requires the following documents - Articles of Association of the business along with the signature of promoters. Proof of deposition of 25% capital in the bank. Proof of evidence of the payment from a competent authority. Valuation report of the company. It is important to determine the cash and non-cash assets.

  6. Information of other forms of capital - Documents, reports, and proof. The same should specify that there is no restriction on capital investment. Proof that the respective IPR is rightfully owned All forms of pre and post-incorporation contracts Approvals from the ministries Information related to the board of directors and their duties. Such information must be presented in a notarized copy. Authorized signatures that individuals are qualified for binding the company. Signature of declarations of the directors of the business. Approval of such signatures by the Trade Registry of the business. Copy of agreements entered into by the business.

  7. Contact Us Corporate Office Street : IramiKisla Caddesi, No: 58-60, Yöntem Vaytaş Plaza, Rami, Eyüpsultan, City : Eyüpsultan, State : Istanbul Country : Turkey Reach Us +905324840988 Mail id- info@fo-consultancy.com Facebook - https://www.facebook.com/Company-Formation-in-Turkey-894156230754811 YouTube : https://www.youtube.com/channel/UCbgqcVs3Wo-dhmMey81jxPA

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