Company Formation Process in Turkey: A Step-by-Step Guide

As Karanfiloglu Law Firm, we would like to provide you with a guide and provide legal support in this process by preparing a step-by-step guide on company establishment processes in Turkey.

Choosing the Company Type

When establishing a company in Turkey, you must first determine the type of company. The types of companies are:

• Joint Stock Company (A.Ş.)
• Limited Liability Company (Ltd. Sti.)
• Sole Proprietorship
• Partnership

Identifying the Company Title

The company title is the name of your company and must be determined in accordance with the Turkish Commercial Code. You should check the availability of the title through the Union of Chambers and Commodity Exchanges of Turkey (TOBB).

Preparation of Company Agreement and Articles of Association

For the establishment of the company, the articles of association and the articles of association must be prepared. These documents should include topics such as the company's field of activity, its capital structure and the responsibilities of the partners.

Capital Investment

Depending on the type of your company, you need to invest a certain amount of capital. This amount varies according to the type of company and field of activity.

Registration of the Company with the Tax Office

After establishing your company, you need to register your company with the nearest Tax Office. During the registration process, it is important to accurately declare information such as the company's title, address and field of activity.

Registration in the Trade Registry

You need to register your company with the Trade Registry Office you are affiliated with. During the registration process, documents such as the company contract, articles of association and tax office registration document must be submitted.

Work Permit and SSI Transactions

After establishing your company, you must complete the necessary work permits and Social Security Institution (SGK) procedures for your employees. To protect your employees' health and retirement benefits, register with SGK and make regular premium payments.

Business and Work License

Before opening your workplace, you must obtain a business and working license from the municipality and relevant public institutions. These licenses are mandatory for your business to operate.

Tax Liability and Declaration Processes

In order to fulfill your company's tax obligations, you must regularly file income and corporate tax returns and make tax payments. Acting in accordance with tax legislation ensures that your company is protected from legal risks.

Karanfiloglu Law Firm would like to contribute to the successful operation of your business by providing you with legal support in the process of establishing a company in Turkey. We are here to guide you through the difficulties you may encounter in the process of establishing a company and to answer your questions.

To get in touch and to get legal support, you can fill out the contact form on our website or contact us by phone. We wish you success in establishing a company in Turkey!