The registration process typically takes 3 to 7 business days, depending on how quickly the required documents are prepared and submitted. Once all paperwork is in place, the steps—such as obtaining a tax ID, preparing articles of association, and notary processes—are completed swiftly. We aim to minimize delays by guiding you at each step.
Yes, foreign individuals and entities can own 100% of a Turkish company. There is no requirement to have a Turkish partner or shareholder. This makes Turkey a highly accessible market for international entrepreneurs looking to establish a business independently.
The core documents usually include:
Additional documents may be requested depending on the nature of your business or if there are multiple shareholders involved. We assist you in compiling and submitting all necessary paperwork correctly.
No, you don’t need to be physically present in Turkey to open a company. Through a notarized Power of Attorney, our team can handle the entire process on your behalf—from document submission to official registration—allowing you to register your business remotely and seamlessly.
The most common company types are:
We help you determine the most suitable company type based on your business goals and structure.
Yes, a registered address is mandatory for company formation in Turkey. However, you can use a virtual office as your legal business address. This allows you to meet the legal requirements without renting a physical space, saving cost and simplifying operations.
Once your company is registered, a Tax Identification Number (TIN) is issued. Your business will be subject to corporate income tax (currently 20–25%), VAT (18% standard rate), and, if you employ staff, social security contributions. Our team provides ongoing accounting services to ensure tax compliance and accurate financial reporting.
Yes, we offer comprehensive accounting and financial services, including monthly bookkeeping, tax filings, payroll management, and financial reporting. These services are essential for staying compliant with Turkish financial regulations and avoiding penalties. You’ll have access to dedicated advisors who monitor your business finances and offer strategic support.
Opening a corporate bank account in Turkey typically requires a physical presence of the company shareholder or authorized representative. However, some banks may allow remote account setup if a Power of Attorney is provided and the required documents are notarized and apostilled. We assist you in selecting the right bank and preparing all documentation to streamline this process.
Most business sectors are open to foreign investment, but certain industries—such as defense, education, broadcasting, and mining—may require special licenses or government approvals. We help you assess your business activity and inform you of any industry-specific regulations to ensure full compliance before registration.
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SetupTurkiye provides reliable legal and administrative support for entrepreneurs looking to establish and grow their businesses in Turkey. With a focus on clarity, speed, and compliance, we guide you every step of the way.
Rasimpasa, Kasimaga Sok.
No:4, Kadikoy, Istanbul
34716
info@incorpturkiye.com
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