How To Register Small Business In Turkey

A tax registration certificate must be obtained from the local tax office soon after the trade registry office notifies the local tax office.

How to register small business in turkey. A private limited company costs a total of 10 000tl which will need to be deposited during the initial phase of the incorporation the liability of the shareholders is limited to the share capital invested in the company. Legalities and costs of business set ups in turkey differ from the uk and most other countries. Choosing the type of company they want to establish and have the incorporation documents drafted and notarized in accordance with the companies law. Coming to turkey to start a business. This is mandatory for all types of companies in turkey whether incorporated by foreign or local investors.

Verification of the uniqueness of the name. Currently in the country the requirement for resident participation in capital and management in the process of establishing a company is excluded. A social security number for the company must be obtained from the relevant social security institution. Establishing business in turkey. In general company registration includes the following steps.

Small businesses duration. Foreign enterprisers who want to open businesses in turkey are required to complete a few steps before starting operating. These steps consist of. The company is therefore working with a turkish company of the. The guides and information inside the portal are free to access service edited by the bilgener team.

How do i register a company in turkey. Starting a business in turkey has become much easier. The company registration process must be completed with the local office of trade register where it will operate. The limited company requiring a minimum of one partner and 5 000 turkish liras in capital is relatively simple to set up and is hence one of the most popular corporate forms for small and medium businesses. The pattern most borrowed by international companies wishing to establish themselves in turkey is the partnership agreement with a local company in the form of a distribution contract.

Register your business the turkish commercial code defines several legal business structures all open to foreigners. The turkish trade register is administered by the chamber of commerce.