Music production company formation in
Turkey and necessary permits
Everything about establishing a Music
production company in Turkey is in this article. What is the establishment cost
of the Music production company? What are the required permissions? If you are
looking for answers to such questions, we will cover all the details about it
in this article.
The most curious questions of
entrepreneurs regarding the establishment of a Music production company in Turkey;
How to set up a Music production company? What documents are required to
establish a Music production company? How much are Music production company
establishment expenses? How much are Music production company registration
fees? What permits do I need to set up a Music production company? In how many
days does the Music production company tax plate come out? Can I set up a Music
production company as a single person? How much are the monthly expenses of the
Music production company? are such questions.
If you are wondering about the
establishment of the Music production company, we hope that this article, which
we have prepared with the most up-to-date data, will provide you with a roadmap
and guide.
Following the steps below to
establish a Music production company will help you complete the process quickly
and healthily. However, as it is known, our legislation is in a dynamic
structure and new laws are enacted every day. For this reason, it is worth
noting that when you decide to establish a Music production company, there may
be some changes within the scope of the legislation.
Establishment of Music
production company in Turkey
1. Determination of Accountant
For the establishment of a Music
production company, first of all, you should contact an experienced certified
public accountant and make an agreement for the establishment and accounting
processes of the company.
Working with a Financial
Advisor is a legal requirement as they are responsible for the accounting
processes of the Music production company, the preparation and submission of
tax returns.
An experienced financial
adviser will ensure that your Music production company is legally established
and will protect your business against financial risks. He will guide and guide
you in official matters.
2. Which type of company should I choose for Music production company?
To establish a Music production
company in Turkey, you can also choose one of the capital companies such as
Limited Liability Company or Joint Stock Company.
The most preferred type of
company in Turkey to establish a Music production company is the Limited
company type. Limited companies are preferred because they are much more
prestigious and have a fixed corporate tax rate.
3. Determination of the establishment
address of the Music production company
According to Turkish laws, company
registration cannot be made without a workplace address. Therefore, when
establishing a company, you must determine the legal business address where
your Music production company will be registered.
For your Music production company, you
can rent an office or shop. If you don't need a shop, you can choose a virtual
office address, which is a more cost-effective alternative. The use of a
virtual office address is legal. Since it is a very cost-effective alternative,
Music production company is highly preferred by entrepreneurs who set up a Music
production company.
4. How much is the total cost to set
up a Music production company in Turkey?
The total cost required to set up a Music
production company varies depending on the type of company.
If a limited company is preferred, you
can establish your Music production company as a limited liability company with
a cost of approximately four hundred fifty USD, according to the minimum
expense items in 2023.
If a Joint Stock Company is
preferred, you can establish an establishment with a cost of approximately five
hundred fifty USD, according to the minimum costs in 2023. In the establishment
of joint stock companies, it is obligatory to block at least one quarter of the
capital. Since the post-registration capital fee can be withdrawn from the bank
on the same day, it is not included in the cost.
5. In how many days does the
establishment of a Music production company in Turkey be completed?
The establishment of limited companies
takes approximately 3 or 4 working days. If a joint stock company is preferred,
the processes are completed within an average of 4 or five working days.
6. What are the documents required
for the establishment of a Music production company in Turkey?
Documents required for Music production
company registration procedures;
-Original
passport of the founder
- Turkish
Translation of Passport Notarized
- Three photos
(white background)
- Workplace
lease agreement
- Founder's
Türkiye Tax number
Note : If you come with your passport to
our office enough. We are preparing all necessary documents.
7. What are the monthly costs of Music
production company in Turkey?
After the registration of your Music
production company, there will be some monthly and periodic fees, EVEN IF YOU
HAVE NEVER PUT INVOICES. Some of the costs are fixed every month.
Some expenses vary according to criteria
such as the size of the Music production company, the number of invoices, and
the number of personnel.
The monthly fixed expenses of the Music
production company are as follows (2023);
- VAT STAMP
TAX ; two hundred TL (monthly)
- Temporary
STAMP TAX; four hundred TL (three months)
-
Withholding Tax STAMP TAX; You can calculate around six hundred TL. (Quarterly.
However, if there is staff, the declaration is given every month.)
- Accountant
Fee; Monthly. It is determined by criteria such as the type of company, number
of workers, number of invoices. Ask for price)
- Book
certification, notary expenses and annual expense contribution; It varies
according to the size of the company and its features.
IMPORTANT ;
These costs are the monthly fixed costs of a Music production company with no
sales invoices. In addition, there will be expenses according to the size of
the company's activity volume, which are formed according to criteria such as
the size of the company, the number of invoices, the amount of income, the
number of personnel.
8. Is it compulsory to employ workers
in a Music production company in Turkey?
After establishing a Music production
company, there is no obligation to employ workers. If you do not need workers,
you can carry out the activities yourself as a founder. You can set up your own
company and carry out commercial transactions
You can contact us to establish a Music
production company in Turkey. We prepare a detailed cost table for your
business FREE OF CHARGE.
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