HOW ESTABLISH LLC LIMITED COMPANY IN TURKEY ?

HOW ESTABLISH LLC LIMITED COMPANY IN TURKEY ?

     Limited companies as a type of company are the most preferred company type by company owners in Turkey, because their establishment procedures are easy and they are also prestigious commercially. With the updates made in the Turkish legal legislation, the establishment of a limited company in Turkey by foreign entrepreneurs has been facilitated and accelerated.

    That is, foreign entrepreneurs can easily establish a limited liability company in Turkey with their passports. And they can engage in commercial activities.

       Entrepreneurs who want to establish a limited company in Turkey are most curious about; What is a limited company, how to establish a limited company, what should be considered in the establishment of a limited company. We will try to explain questions such as what are the necessary documents to set up, in a simple and understandable language.

ESTABLISHMENT STEPS OF A LIMITED COMPANY IN TURKEY

1. Determination of Certified Public Accountant

    When you decide to establish a limited company in Turkey, the Financial Advisory firm that will receive service should be determined first.

    According to Turkish law, all companies are obliged to submit their tax returns every month, even if they have no commercial activity. Companies that do not submit their monthly tax returns are subject to heavy financial penalties. Since only Financial Advisors are authorized to submit tax returns, we can say that working with a Financial Advisor is a legal obligation.

      An experienced Financial Advisory team will prevent your unnecessary time and cost losses, which will enable your limited company to be established without any problems.

2. Determination of Limited Company Workplace Address

       You need a workplace address for the establishment of a limited company in Turkey. A limited company cannot be established without a workplace address.

           If you do not need a physical workplace to establish a limited company, you can also use a virtual office address at low costs. 

         We also provide virtual office services with our group company. If you don't have a workplace adress, we will provice you a business adress with low costs.

3. Documents Required to Establish a Limited Company in Turkey

- Turkish Translation of the founder's passport - 3 notarized copies.

- 3 photos of the founder (white background)

  - Personal Türkiye tax number of the founder.

   Note: In order to establish a company, it is sufficient for the founder to come to our office with his passport. We are preparing all the documents.

4. Other necessary information to establish a Limited Company in Turkey

-Limited company title; The company title must have at least one industry. Necessary controls are carried out by us.

-Limited company capital; Limited companies in Turkey can be established with a minimum capital of 10.000 TL. However, we recommend a minimum capital of 100,000 TL for foreign entrepreneurs. There is no obligation to block the capital when establishing the company. In other words, there is no need to have this amount ready when establishing the company.

-Legal representative/manager of the limited company; If there is more than one partner, the authority to represent the company should be determined.

-Limited company's sector; There are no restrictions on the commercial activities of limited companies in Turkey. With a limited company, it is possible to do business in more than one business area and in different sectors.

5. Making the official registration of the limited company

After the above information and documents are prepared, the company will be registered with the chamber of commerce and tax office.

Chamber of Commerce registration and tax office registration procedures are done by us.

Can foreigners establish a limited company in Turkey?

Foreign nationals can establish a company in Turkey. Turkish citizens and foreign nationals have the same rights before the law.

To establish a company, it is sufficient for the founder to come to our office with his passport. We do all official transactions.

How many days does it take for foreigners to establish a company in Turkey?

    If there is no special situation, a limited company can be established in Turkey within 3-4 working days.

What documents are required for foreigners to establish a company in Turkey?

         In order to establish a company in Turkey, a notarized Turkish translation of the passport, Turkey personal tax number and 3 photographs are required.

        All documents are prepared by us.

Can a foreign legal person establish a limited liability company in Turkey?

    Foreign Legal entities can establish a company in Turkey. There are no legal restrictions.

Can I establish a limited company in Turkey without going to Turkey ?

   A limited company can be established in Turkey without going to Turkey. When the necessary documents are submitted, we can establish your company before you arrive.

Where should I start for a limited liability company in Turkey?

The most important issue for establishing a limited company in Turkey is the establishment of the company and the determination of an experienced accounting team to receive accounting services.

Our accounting office has established more than a hundred foreign entrepreneurs' companies before. And provides accounting services to many international companies.

We are establishing the company of the entrepreneurs who come with their passports in Turkey quickly and with low costs in a few days.

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