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Establish a Company in Turkey

Learn How to set up a business in Turkey, open a company!

Turkish export products

Establishing a Company in Turkey: Your Comprehensive Guide

Turkey is rapidly emerging as a powerhouse in the business world, boasting significant advancements in finance and economic growth. This burgeoning landscape presents lucrative opportunities for investors seeking to tap into its dynamic market.

Turkish export products

At Sultan of Turkey, we facilitate the establishment of companies, providing invaluable assistance in navigating the process of investing in Turkey. Whether you’re a seasoned entrepreneur or a budding investor, we offer comprehensive support to kickstart your business venture in Turkey.

Steps to Establishing a Company in Turkey

1. Company Headquarters: As per Turkish law, a company must have a physical or virtual headquarters within the country. You have the option to either rent a physical space or opt for a virtual office address provided by the state.

2. Capital Requirements: The minimum capital required to establish a company in Turkey is 10,000 TL. However, a higher capital investment offers numerous advantages, including eligibility for work/residence permits, membership in commercial organizations, and ease of conducting business operations.

Benefits of Establishing a Company with Sultan of Turkey

  • Legal and Business Consultations: Enjoy complimentary consultations for up to 2 years.
  • Trademark Protection: Receive discounts on registering your logo and slogan to safeguard your brand.
  • Administrative Support: Assistance in setting up landline, internet, and mobile lines for your company.
  • Online Presence: Have your company website submitted to Google Search engine as an accredited Turkish entity, free of charge.
  • Office Essentials: Receive a free company book for the first year and assistance in procuring office furniture.
  • Virtual Address: Access a free virtual address for up to 2 years, allowing you to establish your business immediately.
  • Merchant Card: Obtain a merchant card identifying you as a business owner in Turkey, granting various benefits.
  • Web Domain: Secure your company’s domain name (com.tr) and hosting for free for up to 2 years.

Procedure of Establishing a Company

Before proceeding, determine the type of company you wish to establish based on its size and structure:

  • Limited Liability Company
  • Joint-Stock Company
  • Limited Partnership Corporate
  • Partnership Company

Required Documents: Sultan of Turkey handles all documentation requirements, including:

  • Copy of passport translated into Turkish and notarized
  • Private tax number
  • Security approval for company establishment

Company Expenses in Turkey

  1. Bookkeeper: Monthly expense of approximately 750 TL.
  2. Company’s Books: Annual cost of 2150 TL.
  3. Corporate Tax: Annual costs totaling around $1100.

Implementation Stages

1. Executive Stage: Consultation session with an auditor to discuss company details. 2. Tax Circuit: Acquisition of tax number for the company. 3. Bank Account Opening: Deposit company capital and obtain deposit receipt. 4. Signature Ratification: Finalization of required documents and signature ratification.

At Sultan of Turkey, we streamline the process of establishing your company in Turkey, ensuring compliance with all legal requirements and providing ongoing support to facilitate your business endeavors.

Turkish Import Products

You are at the center

We will be with you every step of the way with our “specific” solutions to best meet your needs!

Foreign Trade Consultancy

Export is inevitable in a globalizing world for companies that want to grow. While exporting enables companies to grow, it also provides many opportunities on a global scale.

Market Research Consultancy

While global market research provides the opportunity to see a holistic structure in the target market, it opens the door to export-oriented growth and branding for companies.

Grant and Support Management Consultancy

Benefit from the support and grant programs provided to companies by KOSGEB, TUBITAK, the Ministry of Commerce, the Ministry of Industry and Technology and international organizations.

Institutionalization and Brand Consultancy

The institutionalization process aims at more efficient and effective management, growth and sustainability of the business. Brand refers to the way customers perceive a business.

Foreign Company Establishment Consultancy

We provide operational support to our customers to manage their overseas structuring processes and ensure their continuity.

International Sectoral Reporting Consultancy

The domestic and international sectoral reports we prepare for public institutions and NGOs serve as a road map for companies’ investment planning.

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