Company Foundation in Turkey
Good reasons for investment in Turkey and founding a business:
- Successful and stable economic situation
- High population, especially young people
- Good education and qualified labour
- Liberal and reform-friendly country
- Good infrastructure
- Centrally location between Europe and Asia
- Low tax rates
The company was founded comprising the steps of:
- Preparing a notarized company contract
- Notary signature certifications
- Permission from the Turkish Ministry of Commerce
- Formal obligation according article 29 of the Commercial Procedure Register
- Payment of one-tenth of a per cent of the capital fund and the confirmation
- Application for membership in the Chamber of Commerce
A Turkish partner is not required.
The most popular types of business ownerships in Turkey:
- Limited Company
- Public limited company
The following documents are required with the application:
- Current passport photos
- Original passport
- Turkish tax number
You can calculate for the company founding costs approx. 3.000 EUR.