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Complete Guide for Foreign Investors
Turkey has become one of the most attractive destinations for foreign investors due to its strategic location, strong infrastructure, and investor-friendly legal framework. Establishing a company in Turkey provides access to both European and Asian markets, along with various tax advantages and government incentives.
Why Register a Company in Turkey?
Types of Companies in Turkey
1
Limited Liability Company (LLC) – Limited Şirketi
The most popular type for small and medium-sized businesses.
Key Features:
- Minimum one shareholder (individual or legal entity)
- Minimum capital: 10,000 TRY
- Shareholders’ liability is limited to their capital contribution
- Suitable for trading, consulting, real estate, and services
2
Joint Stock Company (JSC) – Anonim Şirket
Ideal for large-scale investments and corporations
Key Features:
- Minimum one shareholder
- Minimum capital: 50,000 TRY
- Shares can be transferred easily
- Suitable for large investments and public offerings
- More corporate and prestigious structure
3
Sole Proprietorship – Şahıs Şirketi
Simple and low-cost option for individuals.
Key Features:
- Owned by one individual
- Easy and fast registration
- Lower setup costs
- Full personal liability
- Suitable for freelancers and small businesses
4
Branch Office
A foreign company can open a branch in Turkey.
Key Features:
- No separate legal entity
- Fully dependent on the parent company
- Can operate commercially
- Requires approval from the Ministry of Trade
5
Liaison Office (Representative Office)
Used for non-commercial activities.
Key Features:
- Cannot generate income in Turkey
- Used for market research and networking
- Requires special permission
- Ideal for companies exploring the Turkish market
Requirements for Company Registration
To establish a company in Turkey, the following are generally required:
Company Registration Process
Preparation of Articles of Association
Registration in MERSİS (Central Registry System)
Notarization of documents
Opening a company bank account
Capital deposit (if required)
Registration at the Trade Registry Office
Tax registration and obtaining tax number
Social Security (SGK) registration
Activation of e-signature and financial system
Questions? You’re covered.
Yes. Turkey allows 100% foreign ownership, meaning foreign investors can establish and own a company without a Turkish partner. Foreign shareholders enjoy equal rights with Turkish citizens, can freely transfer profits abroad, access the international banking system, and operate in multiple sectors.
The cost depends on the type of company you establish. Typical expenses include trade registry fees, notary expenses, translation and legal fees, accountant service fees, and a registered office address (virtual or physical). Our team provides a clear cost breakdown before the registration process begins.
Companies in Turkey are generally subject to:
- Corporate Tax: Approximately 25%
- VAT (KDV): 1%, 10%, or 20% depending on the sector
- Withholding Tax
- Social Security Contributions
Turkey also offers various tax incentives and exemptions in sectors such as technology, export, and manufacturing.
Yes. Foreign investors can apply for a work permit through their company. The company must meet certain financial requirements, and in many cases, employing Turkish staff may be required under specific ratio rules. A work permit can also be an important step toward obtaining long-term residence and potentially Turkish citizenship.
Company formation in Turkey involves legal, financial, and regulatory procedures. Working with an experienced legal and consulting team helps ensure fast and accurate company registration, full compliance with Turkish laws, proper tax planning, and professional assistance with residence permit and work permit applications.
Absolutely. We provide complete support from the initial company formation process to ongoing legal and financial services. Whether your goal is to invest in Turkey, expand your business, or obtain residency, our experts guide you through every stage, including registration, compliance, taxation, and permit applications.