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Establishing a Company in Türkiye

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Frequently Asked Questions

What you need to know about our services

What are the company types in Türkiye?

While there are several numbers of company types that could be established, the most common type of companies are Joint Stock Company (Anonim Şirket) and Limited Liability Company (Limited Şirket).

Can I incorporate a company in Türkiye remotely?

Yes, we can help you complete all the procedures by way of a Power of Attorney. However, it is important to note that banks in Türkiye do not accept to open a bank account by a Power of Attorney. Therefore, manager of the company must visit Türkiye for bank account opening which takes one day.

Is it allowed to own a company in Türkiye with %100 foreign shareholders?

Yes, both company types can be %100 foreign owned.

What are the share capital requirements?

For Joint Stock Companies, the minimum share capital is TL 250,000. %25 of the share capital of the company must be deposited prior to incorporation.
For Limited Liability Companies, the minimum share capital is TL 50,000. There is no prior deposit requirement for Limited Liability Companies.

What are the liablities of shareholders?

For Joint Stock Companies, the liability is limited to shareholders’ contribution to the company’s share capital. Shareholders are not personally liable for tax or other public debts.
For Limited Liability Companies, the liability is limited to shareholders’ contribution to the company’s share capital in principle. Shareholders are personally liable for tax and other public debts.

What are the scope of activities of companies in Türkiye?

Companies in Türkiye may conduct in any commercial objective.

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