2025 JOINT STOCK COMPANY SET UP COST IN TURKEY

2025 JOINT STOCK COMPANY SET UP COST IN TURKEY

           Incorporation of a joint stock company in Turkey is a process that is completed within 3-4 working days on average, unless there is a specific situation. In this process, many various expense and charge items occur.

           When it is decided to establish a joint stock company in Turkey, in case of renting a workplace or having a website or printing business card brochures, the establishment cost of the joint stock company starts.

        Joint stock company establishment costs, in order to be easily understandable; We can divide it into two: COMMERCIAL COSTS and LEGAL REGISTRATION COSTS.

            COMMERCIAL COSTS; These are costs that are specific to the company, depending on the company's own needs, the characteristics of the work, the size of the activity volume, etc. For example, costs such as workplace rental costs, costs of fixed assets to be used, necessary company vehicles, costs of necessary machines and/or facilities, personnel employment costs, advertising costs, etc. are all specific to the company.

            OFFICIAL REGISTRATION COSTS; Registration costs with official institutions are the costs incurred for the official establishment of the joint-stock company, issuing a tax certificate and allowing the company to issue an invoice. Registration costs of official institutions are fixed. They are formed almost similarly for companies with the same characteristics. In other words, for companies with the same number of partners, capital amount, city of establishment, number of activities, etc., the expense items will be approximately the same.

            On this page, we will examine the costs of registering a joint-stock company in Turkey with official institutions in detail. We will try to answer the following and similar questions that entrepreneurs are most curious about; “How much does it cost to establish a joint-stock company? What is the opening cost of a joint-stock company in 2025? How much is the registration fee for a single-partner joint-stock company? What is the total establishment cost of a joint-stock company? What are the total expenses of establishing a joint-stock company in 2025? The cost of establishing a joint-stock company in a virtual office, the total cost of establishing a home office joint-stock company, how much does it cost to establish a joint-stock company with a power of attorney, how much does it cost to establish a joint-stock company with a power of attorney? How much do I pay to establish a joint-stock company? How much capital is required to establish a joint stock company? Can I establish a joint stock company without capital?

2025 HOW MUCH DOES THE ESTABLISHMENT COST OF A JOINT STOCK COMPANY IN TURKEY?

            The main costs incurred to establish a joint-stock company in Turkey and obtain a tax certificate consist of; Chamber of Commerce registration fee, Registry Gazette advertisement expenses, Competition Authority fee of the company capital, notary expenses, sworn translator fees, tax office registration expenses, preparation of the articles of association and company establishment service fee and company stamps.

            These costs are the minimum costs that will occur to establish a joint-stock company in Turkey and make it able to issue invoices.

            It should also be noted that there may be other costs in addition to these, depending on the characteristics of the commercial activity and the needs of the company. For example, if the field of activity of the joint-stock company is in the food sector and will serve as a restaurant, there will also be municipality registration expenses and cash register POS device expenses.

2025 JOINT STOCK COMPANY ESTABLISHMENT COST IN TURKEY - SAMPLE STUDY

SAMPLE DATA FOR A NEW JOINT STOCK COMPANY TO BE ESTABLISHED IN TURKEY

Company name; Example Electronic Goods Trade Joint Stock Company 

Company establishment date; February 2025

Number of founders; Single person

Founder's nationality; Non-Turkish citizen

Joint stock company capital; 250.000 TL (minimum capital)

Main activity of the company; Electronic goods wholesale trade

Number of fields of activity; One

SAMPLE COST TABLE

- Chamber of commerce registy fees: 215$

-Notary Expenses: 186$

-Company formation service and sworn translator fees : 285 $

2025 JOINT STOCK COMPANY FORMATION TOTAL COST 686$

Notes on joint stock company establishment expenses in Turkey

Note 1: The cost study has been prepared according to 2025 data, based on the minimum expense items required to establish a joint stock company in Turkey.

Note 2: There may be some additional costs depending on the activities and needs of the joint stock company. For example ; Purchasing a cash register POS device, having a higher capital, having more than one partner/manager, having a license from the municipality, registering a chamber of industry, having more than one field of activity, etc.

Note 3: If the establishment of a joint stock company is to be made with a power of attorney, add approximately $72 power of attorney notary fee.

Note 4: When establishing a joint stock company, a bank account must be opened and at least a quarter of the capital must be blocked. Therefore, the money to be blocked must be ready. Also, there should be no problems with opening a bank account.

            IN SHORTLY;  The cost of joint stock company formation in Turkey in 2025 starts from 686$ for foreign people. The total formation cost will be clarified according to criteria such as partners, capital, the number of areas of activity, and the number of representatives.

            In other words, with a total cost of $686, we carry out all the establishment procedures of your joint stock company AS TURNKEY.

            We handle all legal requirements such as preparation of the joint stock company articles of association, trade registry procedures, chamber of commerce registration procedures, bank blockage procedures, tax office notification procedures, electronic notification registration. We make your joint stock company able to issue invoices within three to four business days.

            You can always contact us to get an up-to-date and detailed cost table for your business for FREE OF CHARGE.

FREQUENTLY ASKED QUESTIONS ABOUT JOINT STOCK COMPANY OPENING EXPENSES IN TURKEY

1 - 2025 HOW MUCH DOES SET UP COST OF A JOINT STOCK COMPANY ON  VIRTUAL OFFICE IN TURKEY?

            It is possible to establish a joint stock company on virtual office address in Turkey. The use of a virtual office is a very cost-effective solution for joint stock companies that do not need a physical workplace address for their commercial activities.

            For entrepreneurs who will establish a company in Turkey, we also provide virtual office address services at affordable costs.

            If you buy the virtual office address from us, you can consider the cost of establishing a joint stock company around 720$, together with the virtual office fees.

2- HOW MUCH MINIMUM CAPITAL SHOULD BE TO START A JOINT STOCK COMPANY IN TURKEY?

      The minimum capital required to establish a joint stock company in Turkey is two hundred fifty thousand Turkish Liras (250.000 TL). At least one-fourth of the company's capital will be subject to a blockage process in the bank account to be opened in the company's name.

3- CAN FOREIGNERS ESTABLISH A JOINT STOCK COMPANY IN TURKEY?

            Yes. Foreign nationals can establish a joint stock company in Turkey. Or they can become partners in joint stock companies. The state supports foreign investors in Turkey. When foreigners establish a company in Turkey, they have the same rights and obligations as Turkish citizens.

4- WHAT IS THE TOTAL COST FOR A FOREIGNER TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?

            The sample cost table we prepared above is for foreigners. Foreigners can establish a joint stock company in Turkey for a cost of approximately $686. And they can engage in commercial activities.

5- IS IT NECESSARY FOR A FOREIGNER TO FIND A PARTNER TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?

            No. Foreigners do not need to find a partner to establish a joint stock company in Turkey. A foreigner can establish a joint stock company in Turkey on his own. He can be the director and legal representative of the company. He can do business with his company.

6- WHAT ARE THE REQUIRED DOCUMENTS FOR A FOREIGNER TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?

            A passport is enough for foreigners to establish a company in Turkey. In other words, it is enough for foreigners to come to our office with a valid passport to establish a company. We prepare all the necessary documents. We complete all legal procedures within a few days.

7- CAN FOREIGNERS BE MANAGERS IN A JOINT STOCK COMPANY TO BE ESTABLISHED IN TURKEY?

            Yes. Foreigners can be a manager in a joint stock company they establish in Turkey. They can be the legal representative of the company. They can manage the activities of the company. In other words, foreigners are not required to find another employee or partner to establish a company and do business in Turkey.

8- IS IT NECESSARY TO GET A WORK PERMIT TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY?

            It is not mandatory to get a work permit to establish a joint stock company in Turkey. Foreigners can establish a joint stock company without a work permit. Joint stock companies are a separate legal entity from their founder. This legal entity can buy goods, sell goods, import and export.

9 - CAN FOREIGNERS OPEN A BANK ACCOUNT FOR THE JOINT STOCK COMPANY THEY ESTABLISH IN TURKEY?

            Yes. Companies registered in Turkey can open a bank account. Companies to be established in Turkey have a separate legal entity from the company partner. There is no legal restriction for companies to open a bank account as a legal entity.

            However, some banks may not be very willing to open an account due to communication difficulties with foreigners. Or, they may offer additional procedures or certain conditions for opening a bank account for foreign companies. For this reason, foreigners may encounter difficulties in some banks. In addition, there are more than fifty banks in Turkey. If difficulties arise in some banks, applications can be made to alternative banks.

            On the other hand, in order to establish a joint stock company, it is already mandatory to open a bank account for the company to be established during the establishment process. At least one quarter of the company capital must be deposited into the company's bank account and blocked. A joint stock company cannot be established without a capital block.

            Therefore, we recommend that you contact a bank and agree on opening an account before establishing a joint-stock company. If a bank account cannot be opened during the establishment process of the company, you can establish a limited company. There is no capital block requirement from the bank to establish a limited company. A bank account can be opened in the months after establishing the company.

10- I WANT TO ESTABLISH A JOINT STOCK COMPANY IN TURKEY. WHERE SHOULD I START?

To start the process of establishing a joint stock company in Turkey, you can follow the steps below depending on whether you need a workplace or not;

A- If you have a workplace or will rent it (store, shop, office, warehouse, etc.);

-First, rent your workplace,

-Send the lease agreement of your workplace, an image of your Passport.

-Let determine the total cost. When you approve, we will start the establishment process quickly.

B- If you do not need a workplace (store, shop, office, warehouse, etc.);

-Contact us.

-Send the image of your Passport.

-Let determine the current total cost, including virtual office address costs. When you approve, we will start the establishment process quickly.

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