How to set up a company in Turkey?
Depending on the nature of your activity in Turkey, the type of structure that best suits your project on the Turkish market (liaison or representative office, subsidiary, branch), and the legal form of business in Turkey that you will choose (sole proprietorship, limited liability company, etc...), the administrative procedures and formalities for the formation of the company in Turkey may vary. Generally, the steps to create and register a company in Turkey are:
- Choice of the legal form under Turkish law and the social capital
- Drafting the company statutes in Turkish.
- Opening a Turkish bank account
- Registering the company in the Turkish trade register
- Obtaining a Turkish tax identification number
After these steps of creation, you will receive all the necessary legal documents attesting the legal existence of your company or subsidiary in Turkey. Your Turkey business will also have to meet the specific accounting requirements of Turkish business law.
Turkey: Merger & Acquisition (M&A)
Setting up your business in Turkey and starting from scratch to develop it in the Turkish market can be an exciting challenge, but it can also be time consuming. Sometimes it is more interesting and faster to acquire a Turkish competitor that is already well established in the Turkish market. It is therefore necessary to study the Turkish market carefully to detect the most interesting companies.
To create a company in Turkey, it is strongly advised to be accompanied by a Turkish lawyer or an Turkish expert who will be able to save you many problems in front of the subtleties of the Turkish business law.
nativExpand is your gateway to facilitate the creation of your company in Turkey. Thanks to a network of experts in company incorporation on the Turkish market, we will accompany you and put you in contact with a Turkish professional, ideally an English speaker or speaking your language.