How to establish a company in Turkey 226





The first step for registering a business How to establish a company in Turkey is finding a suitable trade name for the business. The name must be unique and must not be offensive. In order to make the company name is unique, the applicant can file for validation 3 different names, out of which he or she will choose the appropriate one based on the company’s requirements. We remind investors that branch offices need to bear the same name as the parent company. Another important requisite for the company to be considered a Turkish resident business is for it to have a local address. The registered address must be in the city where the company will operate. For this purpose, we can help with virtual office services.
Any company incorporated under the laws of a foreign country may establish a liaison office in Turkey upon obtaining a license from the Ministry of Industry and Technology, provided that the company does not engage in any commercial activities Blockchain and crypto money in Turkey. To establish a liaison office, the following documents should be submitted to the Ministry of Industry and Technology​​​​, General Directorate of Incentive Implementation and Foreign Investment.




Good day sir. I want to start a business in Istanbul, Turkey. I already have the money to set up the business, but i don’t have Turkey residence permit. I have overstayed for over one year. Can i still set-up the business?




The first choice is to get a location that will be an actual place owned by Cryptocurrencies Regulation in Turkey. Other than this, renting option is also available. To rent a place, will cost you approximately 1500 to 2000 Tl monthly, in addition to other expenditures such as commission, etc.




It should be noted that, except the first item above, all necessary documents that will be issued and executed outside of Turkey must be notarized and apostilled or alternatively ratified by the Turkish Consulate located in the country of transaction. The original executed, notarized, and apostilled documents must be officially translated and notarized by a Turkish notary.​




The BookkeeperThe Bookkeeper here is the person who is responsible for the company’s accounts in front of the state and not the internal accountant of your company. The role of this accountant is to record and receive your invoices, expenses, and purchases at the end of the month and to share them with the state. Turkish law requires the presence of this accountant, as the absence of a statement may lead to the closure of the company. 




One of the most important steps of establishing a business Blockchain regulations in Turkey is preparing the required documents to register company to Trade Registry Office. The main document to be prepared and notarized is the “Company Agreement”, which contains all the details of the shareholders. In this agreement, the names of the partners, their places of residence, their contributions to the share capital of the company and the number of shares should be specified. In addition, the company executives; information on their names, the positions they have been appointed and the types of repeal and their duties and obligations.




Home Services Establishing companies Establishing companies Founding Companies At Gars Consulting, we help you establish your company Recognition and Enforcement in Turkey in accordance with the Turkish trading law, taking into consideration the type of company appropriate to your business (private, limited liability, joint-stock company), by registering with the Turkish Chamber of Commerce and the Tax Registry Directorate, as well as completing all the official documents of your company such as founding contract, tax registration certificate and obtaining the tax number from the tax department and registering with the central registry system through applying to the  Commercial Registry Office. 




Preparing the documents required for establishing the company 3 Days Writing the Articles of Incorporation contract 24 Hours Obtaining security approval 24 Hours Approving the company manager's signature at the notary 3 Days Making a special power of attorney to the chartered accountant 3 Days Limited liability company It is a company with specific capital divided into shares, the capital of the limited liability company is not less than 10,000 ₺. A limited partnership may be established with one partner or more, but the number of partners may not exceed 50, and they may be real or legal persons. 




Required documents Making a special power of attorney for the chartered accountant to represent you in establishing and registering the company. Obtaining a personal tax number in the names of the partners. Personal identification document (ID or valid passport). Security approval from the Security Directorate. 

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